NewsBTC
Jan 30, 2026
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BEARISH 📉 : Ethereum drops 10% as price struggles below $2,800

Ethereum Price Overview

  • Ethereum's price fell by 10% after failing to surpass $3,050.
  • The price is currently below the $2,800 mark and the 100-hourly Simple Moving Average.
  • A bearish trend line has formed with resistance at $2,820.
  • If ETH maintains above $2,700, a potential increase could occur.

Ethereum Price

Key Resistance and Support Levels

  • Immediate resistance is around $2,765, with key resistance at $2,820.
  • Further resistance levels include $2,860 and potentially $2,900 if broken.
  • Support is initially at $2,700, with significant support at $2,680.
  • A drop below $2,680 could push prices toward $2,620 or even $2,550.

Technical Indicators

  • MACD indicates bearish momentum for ETH/USD.
  • RSI is below the 50 level, suggesting a bearish sentiment.
  • Major support is at $2,700; major resistance is at $2,820.