20 October 2025
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Ethereum Price Recovers Above $3,880, Eyes $4,050 Resistance Break
Ethereum Recovery and Potential Upside
- Ethereum price recovered above $3,880 and is now trading over $3,920.
- The price broke a bearish trend line at $3,940, with resistance on the ETH/USD hourly chart.
- There is potential for further gains if the price surpasses the $4,050 resistance.
Resistance Levels and Future Moves
- Key resistance levels are at $4,050, $4,120, and $4,220.
- A move above $4,220 could push the price to $4,320, potentially reaching $4,440 or $4,500.
Potential Downside Risks
- If Ethereum fails to break $4,050 resistance, a decline could occur.
- Support levels to watch are $3,940, $3,880, and $3,820.
- A drop below $3,820 might lead to a decline toward $3,680 or $3,620.
Technical Indicators
- Hourly MACD is gaining momentum in the bullish zone.
- Hourly RSI is above the 50 mark.
Ethereum investors should monitor these levels for potential price movements.