{"id":92900,"date":"2026-03-27T05:01:59","date_gmt":"2026-03-27T05:01:59","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/27\/ethereum-price-drops-near-2020-downside-pressure-continues-to-build\/"},"modified":"2026-03-27T05:01:59","modified_gmt":"2026-03-27T05:01:59","slug":"ethereum-price-drops-near-2020-downside-pressure-continues-to-build","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/27\/ethereum-price-drops-near-2020-downside-pressure-continues-to-build\/","title":{"rendered":"Ethereum Price Drops Near $2,020, Downside Pressure Continues to Build"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"ftwp-postcontent\">\n<p><em>Ethereum value failed to clear the $2,200 zone and declined. ETH is now consolidating above $2,020 and may wrestle to begin a restoration wave.<\/em><\/p>\n<ul>\n<li>Ethereum began a recent decline from the $2,200 zone.<\/li>\n<li>The value is buying and selling under $2,120 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish pattern line forming with resistance at $2,135 on the hourly chart of ETH\/USD (knowledge feed through Kraken).<\/li>\n<li>The pair may begin a recent decline if it stays under the $2,120 resistance.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\" class=\"ftwp-heading\">Ethereum Price Dips Further<\/h2>\n<p>Ethereum value failed to keep above $2,150 and began a recent decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-breaks-below-70k\/\" target=\"_blank\">Bitcoin<\/a>. ETH value dipped under $2,120 and $2,080 to enter a bearish zone.<\/p>\n<p>The bears even pushed the worth towards $2,020. A low was shaped at $2,032, and the worth is now consolidating losses close to the 23.6% Fib retracement stage of the downward transfer from the $2,199 swing excessive to the $2,032 low. There can also be a key bearish pattern line forming with resistance at $2,135 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum value is now buying and selling under $2,120 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-faces-downside-risk-2065\/\" target=\"_blank\">100-hourly Simple Moving Average<\/a>. If the bulls stay in motion above $2,020, the worth may try one other improve. Immediate resistance is seen close to the $2,100 stage.<\/p>\n<figure id=\"attachment_889093\" aria-describedby=\"caption-attachment-889093\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_584b31.png\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"size-full wp-image-889093\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_584b31.png?resize=1024%2C512\" alt=\"Ethereum Price \" width=\"1024\" height=\"512\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_584b31.png?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_584b31.png?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_584b31.png?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_584b31.png?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_584b31.png?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_584b31.png?w=360 360w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_584b31.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\"\/><\/a><figcaption id=\"caption-attachment-889093\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\">ETHUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>The first key resistance is close to the $2,120 stage or the 50% Fib retracement stage of the downward transfer from the $2,199 swing excessive to the $2,032 low. The subsequent main resistance is close to the $2,135 stage and the pattern line. A transparent transfer above the $2,135 resistance may ship the worth towards the $2,200 resistance. An upside break above the $2,200 area may name for extra positive factors within the coming days. In the acknowledged case, Ether may rise towards the $2,245 resistance zone and even $2,320 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 $2,135 resistance, it may begin a recent decline. Initial assist on the draw back is close to the $2,050 stage. The first main assist sits close to the $2,020 zone.<\/p>\n<p>A transparent transfer under the $2,020 assist may push the worth towards the $1,980 assist. Any extra losses may ship the worth towards the $1,950 area. The principal assist 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 shedding momentum within the bearish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now under the 50 zone.<\/p>\n<p>Major Support Level \u2013 $2,020<\/p>\n<p>Major Resistance Level \u2013 $2,135<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-drops-near-2020\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum value failed to clear the $2,200 zone and declined. ETH is now consolidating above $2,020 and may wrestle to begin a restoration wave. Ethereum began a recent decline from the $2,200 zone. The value is buying and selling under $2,120 and the 100-hourly Simple Moving Average. There is a key bearish pattern line forming [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":92902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1850,241,69,533,108,1224,110],"class_list":{"0":"post-92900","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-build","9":"tag-continues","10":"tag-downside","11":"tag-drops","12":"tag-ethereum","13":"tag-pressure","14":"tag-price"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/92900","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=92900"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/92900\/revisions"}],"predecessor-version":[{"id":92901,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/92900\/revisions\/92901"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/92902"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=92900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=92900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=92900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}