The post ETH Technical Analysis Jan 27 appeared on BitcoinEthereumNews.com.

ETH is consolidating around 2917$, with intraday critical support and resistance levels in traders’ focus. Downward pressure seems dominant in the next 24-48 hours. Short-Term Market Outlook ETH is currently trading at 2917.70$ and showed a slight 0.56% increase in the last 24 hours. The daily range stayed between 2875.77$ – 2957.04$, with volume at a moderate 15.34 billion$. The short-term trend continues downward; price is positioned below EMA20 (2924.13$) and the Supertrend indicator is giving a bearish signal, with resistance set at 3062.12$. RSI at 45.77 is in the neutral zone, but although the MACD histogram has positive bars, overall momentum is weak. In higher timeframes (1D/3D/1W), 15 strong levels were identified: 3 supports/2 resistances on 1D, 2 supports/3 resistances on 3D, and 3 supports/2 resistances on 1W. There are no significant developments in the news flow, so technical levels are in the foreground. Volatility may increase in the next 24-48 hours, especially triggered by BTC movements. Intraday Critical Levels Nearby Support Zones Immediate supports: 2915.72$ (score 60/100) and 2857.21$ (score 66/100). If price loses 2915.72$, a rapid drop could be triggered, accelerating momentum toward 2857$. These levels should be monitored as quick invalidation points; breaks below trigger stop-losses and create scalping opportunities. In a broader context, 2875$ could hold strong as the intraday low. Nearby Resistance Zones Immediate resistances: 2923.56$ (score 87/100, most critical), 2965.95$ (score 67/100), and 3089.50$ (score 66/100). Strong volume is required to break 2923$; otherwise, rejection and downward reversal is expected. These levels offer quick targets for swing trades but carry high risk. Momentum and Speed Analysis Short-term momentum is mixed: MACD shows positive histogram bars but RSI at 45.77 is away from overbought/oversold zones, with neutral dominant. Supertrend is bearish and price below EMA20, speed analysis shows downward acceleration. No significant volume increase,…

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Filed under: News - @ January 27, 2026 9:21 am