{"id":31206,"date":"2025-01-28T05:31:21","date_gmt":"2025-01-28T05:31:21","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=31206"},"modified":"2025-01-28T05:31:22","modified_gmt":"2025-01-28T05:31:22","slug":"ethereum-technical-analysis-report-28th-january-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-28th-january-2025","title":{"rendered":"Ethereum Technical Analysis Report | 28th January 2025"},"content":{"rendered":"\n

Ethereum has seen a nearly 7% decline in January, diverging from the broader crypto market and Bitcoin’s upward trajectory. The second-largest crypto dropped 6.7% this month, falling from a January 1 peak of $3,400 to an intraday low of $3,170 by January 27. Despite this subdued performance, historical data suggests a brighter outlook, as February and March have traditionally been strong months for Ethereum. Analysts and supporters remain optimistic about its prospects, viewing the current dip as part of a larger, bullish narrative for the asset. <\/p>\n\n\n\n

At the time of writing, ETH<\/a> was trading at $3,190.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

ETH witnessed a sharp correction, with prices plunging by nearly 29% from last month’s high of $4,107 to $2,920. The asset tested the $3,000 support but did not close below that level on a daily basis. The longer lower shadow indicates buying activity around these levels. ETH is facing strong resistance at $3,500. Once it breaks and closes above $3,500 with strong volume, we can expect it to rally further, potentially reaching $4,000.
<\/p>\n\n\n\n

  Support 2<\/strong><\/td>Support 1<\/strong><\/td>Asset<\/strong><\/td>Resistance 1<\/strong><\/td>Resistance 2<\/strong><\/td><\/tr>
$2,850<\/td>$3,000<\/td>ETH<\/strong><\/td>$3,500<\/td>$3,750<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

In the grand scheme of things, ZebPay blogs are here to provide you with crypto wisdom\u2014get started today and join 6 million+ registered users to explore endless features on ZebPay!<\/p>\n\n\n\n

\n
TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum has seen a nearly 7% decline in January, diverging from the broader crypto market and Bitcoin’s upward trajectory. The second-largest crypto dropped 6.7% this month, falling from a January 1 peak of $3,400 to an intraday low of $3,170 by January 27. Despite this subdued performance, historical data suggests a brighter outlook, as February […]<\/p>\n","protected":false},"author":1,"featured_media":20192,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[79,16,311,22],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31206"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=31206"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31206\/revisions"}],"predecessor-version":[{"id":31209,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31206\/revisions\/31209"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/20192"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=31206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=31206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=31206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}