NewsBTC
Sep 23, 2025
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Ethereum Price Falls Below $4,250; Key Support at $4,120

Ethereum Price Analysis

  • Ethereum's price declined below $4,250 and is now consolidating.
  • The price trades below $4,280 and the 100-hourly Simple Moving Average.
  • A bearish trend line is forming with resistance at $4,360 on the hourly chart (via Kraken).
  • The price might increase if it surpasses $4,250 and $4,320.

Current Market Situation

  • After failing to sustain above $4,550, Ethereum dropped below $4,450 and $4,350 support levels.
  • The price hit a low of $4,000 and is currently consolidating.
  • It is trading below $4,300, facing resistance around $4,220 and $4,250.
  • A move above $4,320 could push ETH towards $4,360 resistance.

Ethereum Price

Potential Scenarios

  • An upward break past $4,360 may lead to gains toward $4,450 or $4,550.
  • If ETH fails to clear $4,220 resistance, it may decline further.
  • Support levels to watch: $4,120, $4,050, and potentially $3,880 or $3,750.

Technical Indicators

  • Hourly MACD is gaining momentum in the bearish zone.
  • Hourly RSI is below the 50 level.
  • Major Support Level: $4,120
  • Major Resistance Level: $4,360