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💥 Ethereum Tests $4,250 Support as Market Braces for Next M

koinmilyoner

Updated at: 2 hours ago

{"content":"💥 Ethereum Tests $4,250 Support as Market Braces for Next Move Ethereum began a decline below $4,550. ETH may fall to $4,120 due to pessimistic indications. Ethereum fell again below $4,550 and $4,420. The price is below $4,450 and the 100-hour SMA. The hourly ETH/USD chart shows a negative trend line with resistance at $4,450. If it breaks $4,200, the pair may fall further. Ethereum Drops Again Ethereum, like Bitcoin, fell below $4,650. ETH fell below $4,450. Bears pushed the price below $4,350. Last, the price tested $4,220. Price has fallen to $4,228 and is trying to rebound. Price moved beyond the 23.6% Fib retracement level of the latest fall from $4,581 swing high to $4,228 low. Ethereum has fallen below $4,450 and the 100-hour SMA. Price may find resistance at $4,375 on the upside. Around $4,400 is the next major resistance. It is around the 50% Fib retracement level of the latest slide from $4,581 swing high to $4,228 low. Near $4,450 is the first substantial resistance. The hourly ETH/USD chart shows a negative trend line with resistance at $4,450. A clean break above $4,450 might push the price above $4,550. Above $4,550 barrier might lead to greater advances in the following sessions. Ether might grow to $4,650 or $4,720 in the short future. More ETH losses? Ethereum may fall if it fails to break $4,400. At $4,220, downward support begins. First significant support is around $4,200. A decisive break below $4,200 might bring the price around $4,150. If losses continue, the price may reach $4,050 support. The next support is $4,000. Tech Indicators The negative MACD for ETH/USD is growing. Hourly RSI: ETH/USD is below 50. Major Support—$4,200 Major Resistance: $4,400 #ETH #ETH🔥🔥🔥🔥🔥🔥 $ETH #PowellWatch #AltcoinSeasonLoading ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/19/38d287e38ffc4f29ae70f96490a17bb6.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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