NewsBTC
Mar 2, 2026
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BULLISH 📈 : Ethereum price targets $2,220 amid strong support levels

Ethereum's price is experiencing fluctuations with potential for further increases or declines:

  • The price rose above the $1,900 mark but remains below $2,000 and the 100-hourly Simple Moving Average.
  • A bearish trend line is forming, presenting resistance at $2,000 on the ETH/USD hourly chart.
  • If Ethereum stays above $1,900, it may attempt to surpass $2,000 again. Key resistances to watch are $2,050 and $2,120, with potential targets at $2,155, $2,220, and $2,250.

Ethereum Price

Potential Downside Risks

  • If Ethereum fails to break $2,000 resistance, it may decline.
  • Support levels include $1,920 and a significant level at $1,880.
  • If the price falls below $1,880, it could drop to $1,840 or even $1,800.
  • Main support is at $1,740.

Technical Indicators

  • MACD: Losing momentum in the bullish zone.
  • RSI: Below the 50 zone.
  • Major Support Level: $1,880
  • Major Resistance Level: $2,050