
ETH
2,808.22
-6.56%
Ethereum slides further testing key
support levels
4
$ETH failed to hold $2,950 and extended losses below $2,880 → $2,840, briefly testing $2,800. Price is now consolidating, but the trend remains bearish as ETH trades under $2,900 and the 100H SMA.
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Upside potential:
Bulls need to reclaim $2,920-$2,960 to target $3,000, then $3,065-$3,150 if momentum returns.
▾ Downside risk:
If resistance holds, ETH could drop further to $2,840 → $2,800, with next supports at $2,780 and $2,720, key level at $2,650.
Short-term consolidation will likely decide the next directional push. Traders should watch $2,800-$2,920 as the key battle zone.