🚀 Ethereum Builds a Base — Are the Bulls Ready to Explode H
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Updated at: 3 hours ago
{"content":"🚀 Ethereum Builds a Base — Are the Bulls Ready to Explode Higher?
Below $4,450, Ethereum price fell again. ETH is stabilizing and may rise again if it breaks $4,380.
Ethereum struggles to break $4,400.
The price is below $4,380 and the 100-hour SMA.
The hourly ETH/USD chart shows a negative trend line with resistance at $4,340.
Getting over $4,350 and $4,380 might start a rebound wave.
Ethereum Price Struggles
Ethereum pricing launched a rebound wave after forming a base above $4,260, like Bitcoin. Before bears came, ETH price rose over $4,320 and $4,350 barrier levels.
It struggled to break $4,385 level. After reaching $4,3873, prices fell again. Price fell below $4,320 support. After falling from the $4,387 swing high to the $4,268 low, the price is consolidating losses at the 23.6% Fib retracement level.
Ethereum has fallen below $4,350 and the 100-hour SMA. Price may find resistance at $4,340 on the upside. On the hourly ETH/USD chart, a negative trend line with resistance at $4,340 is formed.
Next resistance is $4,360, the 76.4% Fib retracement level of the latest slide from $4,387 swing high to $4,268 low. Near $4,385 is the first substantial resistance. A clean break over $4,385 might push the price above $4,420. Above $4,420 barrier might lead to greater advances in the following sessions. Ether may soar to $4,500 or $4,550 soon.
More ETH downside?
Ethereum may fall again if it fails to break $4,340. At $4,265, negative support begins. Near $4,220 is the first big support.
A decisive break below $4,220 might bring the market near $4,200. If losses continue, the price may reach $4,160 support. The next support is $4,120.
Tech Indicators
ETH/USD hourly MACD is losing momentum in the negative zone.
Hourly RSI: ETH/USD is approaching 50.
Major Support—$4,260
Major Resistance: $4,385
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#ETH #AltcoinMarketRecovery #AITokensRally $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/10/50920924491f47d086d64aea503e5b6a.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}