--- title: "Ethereum Price Bounce Looks Fragile, Another Selloff May Be Brewing" type: "News" locale: "en" url: "https://longbridge.com/en/news/286997238.md" description: "Ethereum is currently consolidating above the $2,100 zone but faces resistance at $2,150. A bearish trend line is forming, and if ETH fails to break this resistance, it may decline towards $2,075 and potentially lower to $2,000. Key support is at $2,050, while a move above $2,200 could lead to gains towards $2,300." datetime: "2026-05-20T03:08:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286997238.md) - [en](https://longbridge.com/en/news/286997238.md) - [zh-HK](https://longbridge.com/zh-HK/news/286997238.md) --- # Ethereum Price Bounce Looks Fragile, Another Selloff May Be Brewing _Ethereum price started a recovery wave above the $2,100 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance._ - Ethereum started a recovery wave from the $2,075 zone. - The price is trading below $2,120 and the 100-hourly Simple Moving Average. - There is a bearish trend line forming with resistance at $2,120 on the hourly chart of ETH/USD (data feed via Kraken). - The pair could start a fresh decline if it stays below the $2,150 zone. **Ethereum Price Faces Hurdles** Ethereum price remained bid above the $2,050 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,065 resistance. The price surpassed the 38.2% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. The bulls even pushed the price toward $2,150 but the bears remained active. Besides, there is a bearish trend line forming with resistance at $2,120 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,120 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,075, the price could attempt another increase. Immediate resistance is seen near the $2,120 level. The first key resistance is near the $2,150 level or the 61.8% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. The next major resistance is near the $2,200 level. A clear move above the $2,200 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,300 resistance zone or even $2,315 in the near term. **More Losses In ETH?** If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,085 level. The first major support sits near the $2,075 zone. A clear move below the $2,075 support might push the price toward the $2,020 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,940. 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 – $2,050 Major Resistance Level – $2,150 ### Related Stocks - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [QETH.US](https://longbridge.com/en/quote/QETH.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md) ## Related News & Research - ['The Entire Economy Is Going To Be Tokenized,' Consensys CEO Joseph Lubin Says, Positioning Ethereum As The Winner](https://longbridge.com/en/news/286265353.md) - [Ethereum Community Debates Changes To Staking Model As ETH Remains Stuck Below $2,300](https://longbridge.com/en/news/286153164.md) - [Sharplink Lost $686 Million In Q1, But SBET Could Still Double Thanks To 'Favorable Setup'](https://longbridge.com/en/news/286130478.md) - [Tom Lee's Bitmine slows down ether purchases after already buying 1 million tokens this year](https://longbridge.com/en/news/285948370.md) - [ZAWYA: OKX launches USDSⓈ-M options on Bitcoin and Ether](https://longbridge.com/en/news/286889580.md)