Sep 24, 2025
12 0
Ethereum Risks Further Decline Below $4,125 Amid Resistance Challenges
Ethereum Price Analysis
- Ethereum price declined below $4,220 and is consolidating near this level.
- The price is trading under the 100-hourly Simple Moving Average, signaling a bearish trend.
- A bearish trend line is forming with resistance at $4,370 on the hourly ETH/USD chart.
Potential Movements
- For an upward move, Ethereum needs to break through resistance levels at $4,280 and $4,320.
- If successful, the price could target the $4,370 resistance level.
- An upside break above $4,370 might lead to further gains towards $4,450 or even $4,550.
Risk of Decline
- If Ethereum fails to surpass the $4,215 resistance, a fresh decline could occur.
- Initial support lies at $4,125, with major support at $4,050.
- A decline below $4,050 may push the price toward the $4,000 mark, with further risks down to $3,880 and $3,750.
Technical Indicators
- MACD is gaining momentum in the bearish zone.
- RSI is below 50, indicating potential downward pressure.
- Major Support Level: $4,125
- Major Resistance Level: $4,320
