{"id":38983,"date":"2026-03-24T05:48:43","date_gmt":"2026-03-24T05:48:43","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=38983"},"modified":"2026-03-24T05:48:45","modified_gmt":"2026-03-24T05:48:45","slug":"ethereum-technical-analysis-report-24th-march-2026","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-24th-march-2026","title":{"rendered":"Ethereum Technical Analysis Report &#8211; 24th 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-24th-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-24th-march-2026\/#Recent_Price_Action\" title=\"Recent Price Action\">Recent Price Action<\/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-24th-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-24th-march-2026\/#Resistance_Levels\" title=\"Resistance Levels\">Resistance Levels<\/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-24th-march-2026\/#Support_Levels\" title=\"Support Levels\">Support Levels<\/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-24th-march-2026\/#What_the_Chart_Is_Saying_Right_Now\" title=\"What the Chart Is Saying Right Now\">What the Chart Is Saying Right Now<\/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-24th-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-24th-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 larger downtrend, and the recent upward move is now losing momentum. After bouncing from $1,800, ETH moved up within a rising channel, but the price is now starting to slow down and pull back, indicating weakening buyer strength. The structure is not bullish yet; it appears to be a temporary recovery within a broader bearish trend. ETH has been unable to break the $2,200 resistance and continues to trade within a parallel channel with very low volumes.<\/p>\n\n\n\n<p>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/a-new-chapter-understanding-the-secs-latest-crypto-update\" target=\"_blank\" rel=\"noreferrer noopener\">A New Chapter: Understanding the SEC\u2019s Latest Crypto Update<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Price_Action\"><\/span><strong>Recent Price Action<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Here\u2019s what has changed compared to last week:<\/p>\n\n\n\n<ul>\n<li>Price moved up toward the $2,350\u2013$2,400 range<\/li>\n\n\n\n<li>Faced rejection near the top of the rising channel<\/li>\n\n\n\n<li>Is now pulling back toward the $2,100\u2013$2,150 zone<\/li>\n<\/ul>\n\n\n\n<p>This rejection is significant, as it indicates that sellers remain active at higher levels. Additionally, the price is now moving sideways to slightly downward, which weakens bullish momentum.<\/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 has remained relatively low during the recent move:<\/p>\n\n\n\n<ul>\n<li>No strong breakout volume has been observed<\/li>\n\n\n\n<li>Buyers are not showing aggressive participation<\/li>\n<\/ul>\n\n\n\n<p>This suggests that the upward move lacks strength and is insufficient to shift the overall trend.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Resistance_Levels\"><\/span><strong>Resistance Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul>\n<li><strong>$2,300 \u2013 $2,400 (Strong Resistance)<\/strong> [Price has already faced rejection from this zone, indicating strong selling pressure]<\/li>\n\n\n\n<li><strong>$2,700 \u2013 $2,800 (Major Resistance)<\/strong> [This remains a key level for a trend reversal. ETH is currently far from this range]<\/li>\n<\/ul>\n\n\n\n<p>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/why-is-bitcoin-down-today-price-market\" target=\"_blank\" rel=\"noreferrer noopener\">Why is Bitcoin Down Today? BTC Price, Prediction, and Market Analysis<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Support_Levels\"><\/span><strong>Support Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul>\n<li><strong>$2,100 \u2013 Immediate Support<\/strong> (Price is currently hovering around this level, making it critical in the short term)<\/li>\n\n\n\n<li><strong>$2,000 \u2013 Psychological Support<\/strong> (If $2,100 breaks, this is the next level to watch)<\/li>\n\n\n\n<li><strong>$1,800 \u2013 Strong Support<\/strong> (A drop back to this level would indicate that the recent recovery has fully failed)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_the_Chart_Is_Saying_Right_Now\"><\/span><strong>What the Chart Is Saying Right Now<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul>\n<li>Price moved up, leading many to believe a bull run had started<\/li>\n\n\n\n<li>However, it is now struggling to continue higher<\/li>\n\n\n\n<li>Volume remains weak, indicating limited buying strength<\/li>\n<\/ul>\n\n\n\n<p>This appears to be a weak relief rally that is beginning to fade, rather than a strong trend reversal. At the time of writing, ETH was trading at $2,130.<\/p>\n\n\n\n<p>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/10-best-cryptos-to-buy-under-one-dollar\" target=\"_blank\" rel=\"noreferrer noopener\">10 Best Cryptos to Buy Under $1 in March 2026<\/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>At present, Ethereum is showing signs of exhaustion following a minor rally. Unless buyers step in strongly and push prices above $2,400, the market is more likely to move sideways or decline further. Avoid mistaking a short-term bounce for a trend reversal. This chart is not convincingly bullish at this stage.<\/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>$2,100<\/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 larger downtrend, and the recent upward move is now losing momentum. After bouncing from $1,800, ETH moved up within a rising channel, but the price is now starting to slow down and pull back, indicating weakening buyer [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37874,"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\/38983"}],"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=38983"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/38983\/revisions"}],"predecessor-version":[{"id":38985,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/38983\/revisions\/38985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/37874"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=38983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=38983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=38983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}