NewsBTC 2026-02-23 03:18:11

Ethereum Price Crashes 6%, Downtrend Signals Strengthen Sharply

Ethereum price started a fresh decline below $1,900. ETH is now consolidating losses and might struggle to recover above $1,920 or $1,950. Ethereum failed to stay above $1,950 and started a fresh decline. The price is trading below $1,920 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $1,920 zone. Ethereum Price Dips Sharply Ethereum price failed to stay above $1,920 and started a fresh decline, like Bitcoin . ETH price traded below the $1,900 and $1,880 levels to enter a bearish zone. Finally, the bulls appeared near $1,850. A low was formed at $1,845, and the price started a minor recovery wave. There was a move above the $1,865 level, but the price is still well below the 23.6% Fib retracement level of the downward move from the $1,994 swing high to the $1,845 low. Ethereum price is now trading below $1,900 and the 100-hourly Simple Moving Average . If the bulls remain in action above $1,850, the price could attempt another increase. Immediate resistance is seen near the $1,880 level. The first key resistance is near the $1,920 level and the 50% Fib retracement level of the downward move from the $1,994 swing high to the $1,845 low. The next major resistance is near the $1,950 level. There is also a bearish trend line forming with resistance at $1,950 on the hourly chart of ETH/USD. A clear move above the $1,950 resistance might send the price toward the $2,000 resistance. An upside break above the $2,000 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,050 resistance zone or even $2,120 in the near term. Another Decline In ETH? If Ethereum fails to clear the $1,920 resistance, it could start a fresh decline. Initial support on the downside is near the $1,850 level. The first major support sits near the $1,825 zone. A clear move below the $1,825 support might push the price toward the $1,780 support. Any more losses might send the price toward the $1,740 region. The main support could be $1,720. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,850 Major Resistance Level – $1,920

En Okunan haberler

Bitcoin Store of Value Debate Ignites as Bitw...
2026-02-23
PENDLE Technical Analysis 23 February 2026: V...
2026-02-23
Buterin Wants to Redefine Ethereum's Security
2026-02-23
JPMorgan concedes it debanked Trump after Cap...
2026-02-23
Ripple CEO Reveals Primary Reason Ripple Has...
2026-02-23
AI bot's tipping blunder hands $450,000 memec...
2026-02-23
Vitalik Buterin proposes using AI to strength...
2026-02-23
$61 million bitcoin whale liquidated on HTX a...
2026-02-23

Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez