Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Solana Might Be Winning the “GENIUS Era” Says Bitwise Analyst 

October 7, 2025

Can Bitcoin Rival Gold? VanEck Predicts $644K Bitcoin by 2028

October 7, 2025

Starknet price spikes 20% amid Bitcoin bullish setup

October 7, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Ethereum Price Bounce Looks Promising – But Is This Rally Actually Real?

0
By Aggregated - see source on September 29, 2025 Bitcoin
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum price started a recovery wave above $4,050. ETH is now consolidating and might aim for more gains if it clears the $4,170 resistance.

  • Ethereum remained stable above $3,820 and started a recovery wave.
  • The price is trading above $4,050 and the 100-hourly Simple Moving Average.
  • There was a break above a key bearish trend line with resistance at $4,000 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could continue to move up if it settles above $4,170 and $4,200.

Ethereum Price Recovers

Ethereum price remained supported above the $3,820 level and started a recovery wave, like Bitcoin. ETH price was able to recover above the $3,880 and $4,000 resistance levels.

There was a clear move above the 50% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low. Besides, there was a break above a key bearish trend line with resistance at $4,000 on the hourly chart of ETH/USD.

Ethereum price is now trading above $4,050 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,150 level. The next key resistance is near the $4,170 level or the 76.4% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low.

Source: ETHUSD on TradingView.com

The first major resistance is near the $4,200 level. A clear move above the $4,200 resistance might send the price toward the $4,250 resistance. An upside break above the $4,250 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,320 resistance zone or even $4,350 in the near term.

Another Decline In ETH?

If Ethereum fails to clear the $4,200 resistance, it could start a fresh decline. Initial support on the downside is near the $4,050 level. The first major support sits near the $4,000 zone.

A clear move below the $4,000 support might push the price toward the $3,920 support. Any more losses might send the price toward the $3,880 region in the near term. The next key support sits at $3,820.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

Major Support Level – $4,050

Major Resistance Level – $4,200

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Solana Might Be Winning the “GENIUS Era” Says Bitwise Analyst 

October 7, 2025

Can Bitcoin Rival Gold? VanEck Predicts $644K Bitcoin by 2028

October 7, 2025

Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?

October 7, 2025
Leave A Reply Cancel Reply

What's New Here!

Solana Might Be Winning the “GENIUS Era” Says Bitwise Analyst 

October 7, 2025

Can Bitcoin Rival Gold? VanEck Predicts $644K Bitcoin by 2028

October 7, 2025

Starknet price spikes 20% amid Bitcoin bullish setup

October 7, 2025

Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?

October 7, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.