{
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    "date": "2026-03-03T10:30:40",
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        "rendered": "Ethereum Price Targets $2,150 Again, Bulls Seek Breakout Confirmation"
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        "rendered": "<div id=\"ftwp-postcontent\">\n<p><em>Ethereum price started a fresh increase from $1,950. ETH is now consolidating gains and might aim for another increase above $2,050.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh upward move above the $1,920 zone.<\/li>\n<li>The price is trading above $1,950 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key rising channel forming with support at $1,960 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh decline if it stays below the $2,090 zone.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\">Ethereum Price Eyes Fresh Gains<\/h2>\n<p>Ethereum price managed to form a base and traded above the $1,920 resistance, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-trapped-below-70k\/\" target=\"_blank\">Bitcoin<\/a>. ETH price rallied above the $1,960 and $2,000 resistance levels.<\/p>\n<p>The bulls even pumped the price above $2,050. A high was formed at $2,089 before there was a downside <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-support-intact-1880\/\" target=\"_blank\">correction<\/a>. The price dipped below $2,020 and the 38.2% Fib retracement level of the upward move from the $1,835 swing low to the $2,089 high before the bulls appeared.<\/p>\n<p>Ethereum price is now trading above $1,960 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support at $1,960 on the hourly chart of ETH\/USD.<\/p>\n<figure id=\"attachment_884875\" aria-describedby=\"caption-attachment-884875\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_b04b36.png\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_b04b36.png?resize=1024%2C512\" alt=\"Ethereum Price \" width=\"1024\" height=\"512\"><\/a><figcaption id=\"caption-attachment-884875\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\">ETHUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>If the bulls remain in action above $1,960, the price could attempt another increase. Immediate resistance is seen near the $2,040 level. The first key resistance is near the $2,080 level. The next major resistance is near the $2,120 level. A clear move above the $2,120 resistance might send the price toward the $2,155 resistance. An upside break above the $2,155 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,220 resistance zone or even $2,250 in the near term.<\/p>\n<h2 id=\"ftoc-heading-2\">Downside Continuation In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,080 resistance, it could start a fresh decline. Initial support on the downside is near the $1,990 level. The first major support sits near the $1,960 zone or the 50% Fib retracement level of the upward move from the $1,835 swing low to the $2,089 high.<\/p>\n<p>A clear move below the $1,960 support might push the price toward the $1,930 support. Any more losses might send the price toward the $1,880 region. The main support could be $1,840.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $1,960<\/p>\n<p>Major Resistance Level \u2013 $2,080<\/p>\n<\/p><\/div>",
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