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Defenses – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Fri, 19 Dec 2025 03:57:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png Defenses – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Ethereum Price Sinks Again—Are Bulls Running Out of Defenses? https://cryptocurrencypanther.com/2025/12/19/ethereum-price-sinks-again-are-bulls-running-out-of-defenses/ https://cryptocurrencypanther.com/2025/12/19/ethereum-price-sinks-again-are-bulls-running-out-of-defenses/#respond Fri, 19 Dec 2025 03:57:49 +0000 https://cryptocurrencypanther.com/2025/12/19/ethereum-price-sinks-again-are-bulls-running-out-of-defenses/

Ethereum price failed to stay above $2,950 and declined again. ETH is now consolidating and might soon aim to attempt another recovery wave if it clears $2,850.

  • Ethereum started a fresh decline below the $2,920 zone.
  • The price is trading below $2,900 and the 100-hourly Simple Moving Average.
  • There is a connecting bearish trend line forming with resistance at $2,925 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could continue to move down if it settles below the $2,800 zone.

Ethereum Price Faces Renewed Selling Pressure

Ethereum price attempted a fresh increase but struggled above $2,950, like Bitcoin. ETH price dipped below $2,920 and $2,900 to enter a bearish zone.

The bears even pushed the price below $2,820. A low was formed at $2,775 and the price is now consolidating losses well near the 23.6% Fib retracement level of the downward move from the $2,993 swing high to the $2,775 low.

Ethereum price is now trading below $2,870 and the 100-hourly Simple Moving Average. Besides, there is a connecting bearish trend line forming with resistance at $2,925 on the hourly chart of ETH/USD.

If there is another upward move, the price could face resistance near the $2,850 level. The next key resistance is near the $2,880 level and 50% Fib retracement level of the downward move from the $2,993 swing high to the $2,775 low. The first major resistance is near the $2,925 level and the trend line.

Ethereum Price
Source: ETHUSD on TradingView.com

A clear move above the $2,925 resistance might send the price toward the $3,000 resistance. An upside break above the $3,000 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,080 resistance zone or even $3,120 in the near term.

Downside Continuation In ETH?

If Ethereum fails to clear the $2,850 resistance, it could start a fresh decline. Initial support on the downside is near the $2,800 level. The first major support sits near the $2,775 zone.

A clear move below the $2,775 support might push the price toward the $2,720 support. Any more losses might send the price toward the $2,640 region. The next key support sits at $2,620.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

Major Support Level – $2,775

Major Resistance Level – $2,880



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