NewsBTC •
March 13, 2026 at 03:40 •
Analysis
Ethereum price started a recovery wave above the $2,050 zone. ETH is now showing positive signs and might aim for more gains above $2,150. Ethereum started a recovery wave above the $2,050 zone. The price is trading above $2,050 and the 100-hourly Simple Moving Average. There was a break above a declining channel with resistance at $2,080 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 Clears Resistance Ethereum price extended its recovery wave after it cleared the $1,980 zone, like Bitcoin. ETH price was able to clear the $2,020 resistance zone. The bulls pushed the price above the 61.8% Fib retracement level of the downward move from the $2,200 swing high to the $1,912 low...
