Ethereum price failed to stay above $2,120 and extended losses on April 3, 2026, with ETH now struggling to stay above $2,040 and facing potential continued downward movement in the near term. There was a break below a bullish trend line with support at $2,075 on the hourly chart, and the pair could start a fresh decline if it stays below the $2,120 resistance level.
ETH price declined below $2,075 and $2,050 to enter a bearish zone, with the price trading as low as $2,016 before some correction. The bears remained active near the $2,075 resistance zone, and Ethereum is now trading below $2,065 and the 100-hourly Simple Moving Average. If bulls remain active above $2,020, the price could attempt another increase toward resistance levels.
The first key resistance is near the $2,100 level, with major resistance at $2,120. A clear move above $2,120 might send the price toward $2,150 resistance. However, if Ethereum fails to clear the $2,075 resistance, it could start a fresh decline with initial support near $2,020 and major support at the $2,000 zone.
