NewsBTC
Feb 24, 2026
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BEARISH 📉 : Ethereum faces decline as price struggles below $1,900

Ethereum Price Analysis

  • Ethereum's price dropped below $1,880 and failed to maintain levels above $1,920.
  • The price is currently trading under $1,900 and the 100-hourly Simple Moving Average.
  • A bearish trend line is forming with resistance at $1,920 on the ETH/USD hourly chart.
  • If ETH stays below $1,900, it may continue to decline.

Current Market Situation

  • ETH found support near $1,810, reaching a low of $1,811 before a slight recovery.
  • Resistance levels are at $1,870, $1,900, and $1,920.
  • A move above $1,920 could lead the price toward the $1,965 mark and potentially $2,000.

Ethereum Price

Potential Downside

  • If Ethereum cannot surpass the $1,900 resistance, it may drop further.
  • Initial support is at $1,835, with major support around $1,820.
  • A drop below $1,820 could push the price to $1,780 or even $1,740, with main support at $1,720.

Technical Indicators

  • Hourly MACD: Gaining momentum in the bearish zone.
  • Hourly RSI: Below the 50 level.
  • Major Support Level: $1,820
  • Major Resistance Level: $1,900