Feb 12, 2026
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BEARISH 📉 : Ethereum price falls below $2,000, risks further decline
Ethereum Price Analysis
- Ethereum price declined below $2,000 and the 100-hourly Simple Moving Average.
- A bearish trend line is forming with resistance at $1,980 on the ETH/USD hourly chart.
- If Ethereum remains below the $2,020 zone, it risks further decline.
Current Situation
- The price dipped below key levels: $2,020 and $2,000, entering a bearish zone.
- Support is active near $1,900, but struggles to rise above immediate resistance at $1,960.
- Key resistances are at $2,000 and $2,020; surpassing them could lead to a rise toward $2,165.
- Potential gains could see prices reaching $2,250 or $2,280 if positive momentum continues.
Possible Decline Risks
- If unable to surpass $2,000, Ethereum may decline further.
- Initial support lies at $1,920, with major support around $1,900.
- Further declines could push the price to $1,850, then potentially $1,820 or $1,750.
- Main support level stands at $1,720.
Technical Indicators
- MACD for ETH/USD shows increasing bearish momentum.
- RSI for ETH/USD is below the 50 mark.
- Major Support Level: $1,900
- Major Resistance Level: $2,020