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![](https://www.pinterest.com/pin/create/button/?url=https://econotimes.com/Ethereum-in-Consolidation-ETH-Trapped-in-Narrow-Range-as-Bulls-Await-the-USD-2000-Buy-the-Dip-Opportunity-1737772/&media=https://f1.econotimes.com/2026/03/8f11rbxd0v.png&description=Ethereum in Consolidation: ETH Trapped in Narrow Range as Bulls Await the USD 2,000 "Buy the Dip" Opportunity - EconoTimes)
Ethereum has traded in a narrow range between $2199 and $1937 for the past five days. After hitting a peak around $2199, it’s currently hovering near $2029.
|
Technicals |
CMP -$2029 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2065 |
CMP < 55 EMA |
Bearish |
|
200- EMA |
$2105 |
CMP < 200- EMA |
Bearish |
|
365- EMA |
$2217 |
CMP < 365 EMA |
Bearish |
Major support- $1700/$1500. Minor bullishness only above $2200. Any violation above targets $2386/$2500/$2700/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-18.72 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2000 with SL around $1700 for a TP of $2770.
