Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Ethereum holds $2,100 support but whale exits raise risk of drop below $2,000 support level.

Technical Signals
20 May 2026
Coinpaper
View Source
Bearish
pluang ai news

Ethereum is currently testing support near $2,100 within a green Gaussian Channel, indicating a potential short-term recovery. However, data shows a decline in large ETH holders (whales), with many reducing or consolidating their positions, which increases pressure on the $2,000 support level. If Ethereum falls below $2,100 and then $2,000, it could signal weaker momentum and a bearish outlook. For now, maintaining the $2,100 support is crucial for keeping the bullish setup intact.

More News (ETH)

Coins.ph adds Bitcoin and Ethereum to its QR crypto payments for 700,000 Philippine merchants

Coins.ph adds Bitcoin and Ethereum to its QR crypto payments for 700,000 Philippine merchants

Coins.ph has expanded its QR-code crypto payment network in the Philippines by adding Bitcoin (BTC) and Ethereum (ETH) support, joining Tether (USDT) in the system. This update integrates with QRPH, the country's standardized QR payment system, which...

Market News
Bullish
4 hours ago
Bitcoin stalls near $77,000 after $1B outflows and rejection at key resistance level.

Bitcoin stalls near $77,000 after $1B outflows and rejection at key resistance level.

Bitcoin is trading around $77,000 following a $1 billion outflow last week after a six-week inflow streak. It failed to hold above the 200-day moving average near $82,200, facing rejection multiple times this month. Support remains between $76,000 an...

Market News
Bearish
6 hours ago
Ethereum price nears critical $2,000 support amid ETF outflows and whale sell-offs, risking deeper correction.

Ethereum price nears critical $2,000 support amid ETF outflows and whale sell-offs, risking deeper correction.

Ethereum's price fell below a key bullish channel and is testing the crucial $2,000 support level due to heavy ETF outflows exceeding $255 million and significant selling by large holders (whales). This technical breakdown signals weakening buyer mom...

Market News
Bearish
7 hours ago
Bitget PoolX launches campaign offering 1.25M UP tokens for ETH lockups to earn rewards.

Bitget PoolX launches campaign offering 1.25M UP tokens for ETH lockups to earn rewards.

Bitget PoolX has introduced a new campaign where users can lock their ETH to earn a share of 1.25 million UP tokens. This lock-to-earn system distributes UP tokens proportionally based on the amount and duration of ETH locked. The campaign allows ETH...

Protocol Fundamentals
Bullish
8 hours ago
Ethereum's ETH token drops 40% in five years amid scaling and competition challenges

Ethereum's ETH token drops 40% in five years amid scaling and competition challenges

Ethereum's ETH token has declined about 40.6% over the past five years, underperforming rivals like Bitcoin, Solana, and BNB despite Ethereum's dominance in DeFi, stablecoins, and tokenized real-world assets. The shift to Layer 2 scaling solutions ha...

Market News
Bearish
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App