{"id":38853,"date":"2026-03-17T06:31:49","date_gmt":"2026-03-17T06:31:49","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=38853"},"modified":"2026-03-17T06:54:15","modified_gmt":"2026-03-17T06:54:15","slug":"ethereum-technical-analysis-report-17th-march-2026","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-17th-march-2026","title":{"rendered":"Ethereum Technical Analysis Report &#8211; 17th March 2026"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-17th-march-2026\/#Market_Structure\" title=\"Market Structure\">Market Structure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-17th-march-2026\/#Recent_Price_Action_Shows_Breakout_from_Consolidation\" title=\"Recent Price Action Shows Breakout from Consolidation\">Recent Price Action Shows Breakout from Consolidation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-17th-march-2026\/#Volume_Is_Supportive_but_Not_Strong\" title=\"Volume Is Supportive but Not Strong\">Volume Is Supportive but Not Strong<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-17th-march-2026\/#Resistance_Levels_%E2%80%93_Where_Price_Can_Struggle\" title=\"Resistance Levels \u2013 Where Price Can Struggle\">Resistance Levels \u2013 Where Price Can Struggle<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-17th-march-2026\/#Support_Levels_%E2%80%93_Key_Areas_to_Watch\" title=\"Support Levels \u2013 Key Areas to Watch\">Support Levels \u2013 Key Areas to Watch<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-17th-march-2026\/#What_This_Move_Actually_Means_Important_Reality_Check\" title=\"What This Move Actually Means (Important Reality Check)\">What This Move Actually Means (Important Reality Check)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-17th-march-2026\/#Summary\" title=\"Summary\">Summary<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-17th-march-2026\/#Key_Levels\" title=\"Key Levels\">Key Levels<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Here is a technical analysis of ETH\/USDT on a daily timeframe:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_Structure\"><\/span><strong>Market Structure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Ethereum is still in a broader downtrend, but recent price action is showing early signs of strength. After the sharp fall from 3,000 to 1,800 in February, ETH has started forming higher lows, which is the first step toward a possible trend shift. The structure is improving, but the market has not fully reversed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Price_Action_Shows_Breakout_from_Consolidation\"><\/span><strong>Recent Price Action Shows Breakout from Consolidation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Previously, ETH was stuck inside a symmetrical triangle between $1,800 and $2,100. Now, what has changed:<\/p>\n\n\n\n<ul>\n<li>Price has broken above the triangle<\/li>\n\n\n\n<li>Strong bullish candles pushed the price above $2,200<\/li>\n\n\n\n<li>Currently trading around $2,350<\/li>\n<\/ul>\n\n\n\n<p>This breakout shows that buyers have stepped in, at least in the short term. Also, the price is now moving within a rising channel (uptrend channel), which indicates controlled upward movement rather than a random spike.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Volume_Is_Supportive_but_Not_Strong\"><\/span><strong>Volume Is Supportive but Not Strong<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Volume increased during the breakout. However, it is still not very strong compared to the February sell-off. This means:<\/p>\n\n\n\n<ul>\n<li>Buying is present<\/li>\n\n\n\n<li>But not strong enough yet to confirm a full trend reversal<\/li>\n<\/ul>\n\n\n\n<p>So, this looks more like a relief rally rather than a confirmed bull run.<\/p>\n\n\n\n<p>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/pi-network-price-prediction\" target=\"_blank\" rel=\"noreferrer noopener\">Pi Network Price Prediction<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Resistance_Levels_%E2%80%93_Where_Price_Can_Struggle\"><\/span><strong>Resistance Levels \u2013 Where Price Can Struggle<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul>\n<li>$2,350 \u2013 $2,400 (Current Zone) [Price is already reacting here. This is a short-term resistance]<\/li>\n\n\n\n<li>$2,700 \u2013 $2,800 (Major Resistance) [This is a very important level. ETH faced heavy selling here before. If the price reaches this zone, expect strong resistance again]<\/li>\n<\/ul>\n\n\n\n<p>Trendline Resistance (Higher Timeframe) [There is also a descending trendline above the price, which has not yet been broken. This keeps the larger trend bearish]<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Support_Levels_%E2%80%93_Key_Areas_to_Watch\"><\/span><strong>Support Levels \u2013 Key Areas to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul>\n<li>$2,200 \u2013 First Support [Previous resistance is now acting as support after the breakout]<\/li>\n\n\n\n<li>$2,000 \u2013 Psychological Support [If the price drops below $2,200, this level becomes important]<\/li>\n\n\n\n<li>$1,800 \u2013 Strong Support [If ETH falls back to this level, it would indicate that the breakout has failed]<\/li>\n<\/ul>\n\n\n\n<p>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/can-i-use-crypto-to-invest-in-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Can I Use Crypto to Invest in Real Estate?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_This_Move_Actually_Means_Important_Reality_Check\"><\/span><strong>What This Move Actually Means (Important Reality Check)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Right now, many people may think that the trend has reversed and a bull run has started. That is not correct yet. Here\u2019s the reality:<\/p>\n\n\n\n<ul>\n<li>ETH is still below major macro resistance<\/li>\n\n\n\n<li>The broader trend remains bearish<\/li>\n\n\n\n<li>This move looks like a relief bounce after heavy selling<\/li>\n<\/ul>\n\n\n\n<p>For a real trend reversal, ETH must:<\/p>\n\n\n\n<ul>\n<li>Break and hold above $2,700\u2013$2,800<\/li>\n\n\n\n<li>Show strong and consistent volume&nbsp;<\/li>\n\n\n\n<li>Start making higher highs on the daily timeframe<\/li>\n<\/ul>\n\n\n\n<p>Until then, this is just a short-term bullish phase within a larger downtrend. At the time of writing, ETH was trading at $2,350.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"447\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-17-083658-1024x447.png\" alt=\"\" class=\"wp-image-38857\" style=\"width:1120px;height:auto\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-17-083658-1024x447.png 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-17-083658-300x131.png 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-17-083658-768x335.png 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-17-083658-1536x670.png 1536w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-17-083658-150x65.png 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-17-083658.png 1781w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/what-is-pi-network\" target=\"_blank\" rel=\"noreferrer noopener\">What is Pi Network? Your Gateway to the Future of Crypto!<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Summary\"><\/span><strong>Summary<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Ethereum was trading within a symmetrical triangle and recently broke out, now moving inside a rising channel (also known as a parallel channel). ETH has given a strong breakout, but it is not a fully bullish move until it crosses $2,750. This appears to be a relief from selling as buyers have stepped in, but it could also turn into a trap. If ETH holds above $2,200, it may move higher; however, if it falls below this level, the breakout could fail.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Levels\"><\/span><strong>Key Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>&nbsp; Support 2<\/strong><\/td><td><strong>Support 1<\/strong><\/td><td><strong>Asset<\/strong><\/td><td><strong>Resistance 1<\/strong><\/td><td><strong>Resistance 2<\/strong><\/td><\/tr><tr><td>$1,800<\/td><td>$2,200<\/td><td><strong>ETH<\/strong><\/td><td>$2,400<\/td><td>$2,800<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>In the grand scheme of things, <a href=\"https:\/\/zebpay.com\/in\/blog\" target=\"_blank\" rel=\"noreferrer noopener\">ZebPay blogs<\/a> are here to provide you with crypto wisdom. Get started today and join 6 million+ registered users to explore endless features on <a href=\"https:\/\/zebpay.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">ZebPay<\/a>!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/onboarding.zebpay.com\/onboarding?returnUrl=https%3A%2F%2Fzebpay.com%2Fapp\" target=\"_blank\" rel=\"noreferrer noopener\">TRade now<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Here is a technical analysis of ETH\/USDT on a daily timeframe: Market Structure Ethereum is still in a broader downtrend, but recent price action is showing early signs of strength. After the sharp fall from 3,000 to 1,800 in February, ETH has started forming higher lows, which is the first step toward a possible trend [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":38854,"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\/38853"}],"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=38853"}],"version-history":[{"count":2,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/38853\/revisions"}],"predecessor-version":[{"id":38858,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/38853\/revisions\/38858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/38854"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=38853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=38853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=38853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}