{"id":92683,"date":"2026-03-23T09:36:52","date_gmt":"2026-03-23T09:36:52","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/23\/ethereum-price-drops-toward-2000-pressure-mounts-on-key-support\/"},"modified":"2026-03-23T09:36:52","modified_gmt":"2026-03-23T09:36:52","slug":"ethereum-price-drops-toward-2000-pressure-mounts-on-key-support","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/23\/ethereum-price-drops-toward-2000-pressure-mounts-on-key-support\/","title":{"rendered":"Ethereum Price Drops Toward $2,000, Pressure Mounts on Key Support"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"ftwp-postcontent\">\n<p><em>Ethereum value began a pointy decline beneath the $2,220 zone. ETH is now consolidating above $2,020 and may purpose for a restoration wave if it climbs above $2,110.<\/em><\/p>\n<ul>\n<li>Ethereum began a pointy decline beneath the $2,200 zone.<\/li>\n<li>The value is buying and selling beneath $2,120 and the 100-hourly Simple Moving Average.<\/li>\n<li>There are two bearish pattern traces forming with resistance at $2,120 and $2,165 on the hourly chart of ETH\/USD (information feed through Kraken).<\/li>\n<li>The pair may proceed to maneuver down if it stays beneath the $2,165 resistance.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\" class=\"ftwp-heading\">Ethereum Price Turns Red<\/h2>\n<p>Ethereum value failed to remain above $2,220 and began a contemporary decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-sinks-deeper-70k\/\" target=\"_blank\">Bitcoin<\/a>. ETH value declined beneath $2,150 and $2,120 to enter a short-term bearish zone.<\/p>\n<p>The value even spiked beneath $2,050. A low was fashioned at $2,025, and the value is now consolidating losses beneath the 23.6% Fib retracement degree of the downward transfer from the $2,385 swing excessive to the $2,025 low. There are additionally two bearish pattern traces forming with resistance at $2,120 and $2,165 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum value is now buying and selling beneath $2,100 and the 100-hourly Simple Moving Average. If the bulls stay in motion above $2,025, the value may try one other improve. Immediate resistance is seen close to the $2,080 degree.<\/p>\n<p>The first key resistance is close to the $2,120 degree or the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-drops-to-2100\/\" target=\"_blank\">100-hourly Simple Moving Average<\/a>. The subsequent main resistance is close to the $2,165 degree and the second pattern line. A transparent transfer above the $2,165 resistance may ship the value towards the $2,200 resistance or the 50% Fib retracement degree of the downward transfer from the $2,385 swing excessive to the $2,025 low.<\/p>\n<figure id=\"attachment_888474\" aria-describedby=\"caption-attachment-888474\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"size-full wp-image-888474\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png?resize=1024%2C512\" alt=\"Ethereum Price \" width=\"1024\" height=\"512\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png?w=360 360w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_767ca3.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\"\/><\/a><figcaption id=\"caption-attachment-888474\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\">ETHUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>An upside break above the $2,200 area may name for extra positive aspects within the coming days. In the said case, Ether may rise towards the $2,250 resistance zone and even $2,300 within the close to time period.<\/p>\n<h2 id=\"ftoc-heading-2\" class=\"ftwp-heading\">More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,120 resistance, it may begin a contemporary decline. Initial help on the draw back is close to the $2,040 degree. The first main help sits close to the $2,025 zone.<\/p>\n<p>A transparent transfer beneath the $2,025 help may push the value towards the $2,000 help. Any extra losses may ship the value towards the $1,965 area. The fundamental help may very well be $1,880.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum within the bearish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now beneath the 50 zone.<\/p>\n<p>Major Support Level \u2013 $2,025<\/p>\n<p>Major Resistance Level \u2013 $2,120<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-drops-toward-2000\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum value began a pointy decline beneath the $2,220 zone. ETH is now consolidating above $2,020 and may purpose for a restoration wave if it climbs above $2,110. Ethereum began a pointy decline beneath the $2,200 zone. The value is buying and selling beneath $2,120 and the 100-hourly Simple Moving Average. There are two bearish [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":92685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[533,108,336,5801,1224,110,162],"class_list":{"0":"post-92683","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-drops","9":"tag-ethereum","10":"tag-key","11":"tag-mounts","12":"tag-pressure","13":"tag-price","14":"tag-support"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/92683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=92683"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/92683\/revisions"}],"predecessor-version":[{"id":92684,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/92683\/revisions\/92684"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/92685"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=92683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=92683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=92683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}