Dec 24, 2025
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Ethereum Price Faces Continued Decline Due to Technical Factors and Resistance
The Ethereum price has faced challenges in its recovery efforts, alongside Bitcoin. Analyst DomicChaina indicates that technical factors are driving Ethereum's price downwards.
Key Technical Factors
- The EMA34 and EMA89 indicate a bearish phase as both moving averages trend downward.
- EMA39 has crossed below EMA84, reinforcing the medium-term downtrend.
- The current structure suggests a sideways trend rather than an upward one, with potential declines towards $2,500 support.
Resistance Challenges
- Strong resistance at $3,090 aligns with EMA34, halting recovery attempts.
- Declining volume signifies weak capital inflows, exacerbated by holiday periods reducing market liquidity.
- Short recovery candles hint at limited rebound potential.
The Ethereum price remains below $3,000, marking a 37% drop from its 2025 all-time highs.
