🚀 Ethereum Builds Momentum — Is a Bullish Breakout on the H
koinmilyoner
Updated at: 3 hours ago
{"content":"🚀 Ethereum Builds Momentum — Is a Bullish Breakout on the Horizon?
Ethereum price rose from $4,240. ETH is consolidating and may gain if it breaks $4,400.
Ethereum is seeking a break over $4,400.
The price is above $4,320 and the 100-hour SMA.
The hourly ETH/USD chart broke above a negative trend line with resistance at $4,330.
Above $4,380 and $4,400, the pair might rise again.
Ethereum Price May Rise
Ethereum pricing launched a rebound wave after forming a base above $4,220, like Bitcoin. ETH price broke $4,320 and $4,350 barrier.
Additionally, ETH/USD broke above a negative trend line with resistance around $4,330 on the hourly chart. Before reversing, the pair reached $4,400. The current low around $4,300 is challenging the 50% Fib retracement level of the slide from the $4,450 swing high to the $4,300 low.
Ethereum is over $4,320 and the 100-hour SMA. Price may find resistance at $4,375 on the upside. Next resistance is $4,415, the 76.4% Fib retracement level of the latest slide from $4,450 swing high to $4,300 low.
Near $4,450 is the first substantial resistance. 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 may soar to $4,650 or $4,800 soon.
Another ETH drop?
Ethereum may fall again if it fails to break $4,415 barrier. At $4,335, negative support begins. Near $4,280 is the first big support.
A decisive break below $4,280 might bring the market below $4,240. If losses continue, the price may reach $4,220 support. The next support is $4,160.
Tech Indicators
ETH/USD hourly MACD is losing momentum in the negative zone.
Hourly ETH/USD RSI is over 50.
Major Support—$4,335
Major Resistance: $4,415
#ETHWhaleWatch #AltcoinMarketRecovery #Write2Earn #PPIShockwave $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/11/c2e9bf2e7927472a920b814b2b71e2db.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}