{
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    "date": "2026-03-09T11:17:10",
    "date_gmt": "2026-03-09T04:17:10",
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        "rendered": "Ethereum Price Extends Pullback, $1,920 Support Now Under Threat"
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        "rendered": "<div id=\"ftwp-postcontent\">\n<p><em>Ethereum price started a fresh decline below $2,000. ETH is now correcting gains above $1,920 and might decline further in the near term.<\/em><\/p>\n<ul>\n<li>Ethereum started a downside correction below the $2,020 zone.<\/li>\n<li>The price is trading below $2,000 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break below a key bullish trend line with support at $2,020 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 $2,000 zone.<\/li>\n<\/ul>\n<h2 id=\"ftoc-heading-1\">Ethereum Price Dips Further<\/h2>\n<p>Ethereum price started a fresh decline after it failed to stay above $2,020, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-sinks-below-68k\/\" target=\"_blank\">Bitcoin<\/a>. ETH price declined below $2,000 to enter a bearish zone.<\/p>\n<p>Besides, there was a break below a key <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-corrects-gains-2065\/\" target=\"_blank\">bullish trend line<\/a> with support at $2,020 on the hourly chart of ETH\/USD. The pair even dipped below $1,920. A low was formed at $1,912, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2,200 swing high to the $1,912 low.<\/p>\n<p>Ethereum price is now trading below $1,980 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,920, the price could attempt another increase. Immediate resistance is seen near the $1,980 level.<\/p>\n<figure id=\"attachment_886270\" aria-describedby=\"caption-attachment-886270\"><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_ed35c8.png\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Ethereum_ed35c8.png?resize=1024%2C512\" alt=\"Ethereum Price \" width=\"1024\" height=\"512\"><\/a><figcaption id=\"caption-attachment-886270\">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 near the $2,020 level. The next major resistance is near the $2,050 level or the 50% Fib retracement level of the downward move from the $2,200 swing high to the $1,912 low. A clear move above the $2,050 resistance might send the price toward the $2,120 resistance. An upside break above the $2,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,200 resistance zone or even $2,250 in the near term.<\/p>\n<h2 id=\"ftoc-heading-2\">More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,020 resistance, it could start a fresh decline. Initial support on the downside is near the $1,920 level. The first major support sits near the $1,880 zone.<\/p>\n<p>A clear move below the $1,880 support might push the price toward the $1,850 support. Any more losses might send the price toward the $1,810 region. The main support could be $1,750.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $1,920<\/p>\n<p>Major Resistance Level \u2013 $2,020<\/p>\n<\/p><\/div>",
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