NewsBTC
Aug 26, 2025
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Ethereum Price Declines Below $4,550 Amid Bitcoin Correction

Ethereum price is declining from a recent high of $4,950, currently trading below $4,550.

  • ETH experienced a decline after reaching an all-time high.
  • The price is under $4,550 and below the 100-hourly Simple Moving Average.
  • A bearish trend line is forming with resistance at $4,510 on the hourly chart.
  • ETH may rise unless it closes below $4,250 soon.

Price Correction Details

After hitting above $4,950, ETH started correcting downwards. The price fell below $4,800 and $4,750, breaching the $4,650 support level and the 50% Fibonacci retracement of its previous increase.

Currently, ETH is trading below $4,550. Resistance levels are at $4,500 and the trend line, with significant resistance near $4,620. A move above $4,620 could lead to further gains towards $4,750, potentially reaching the $4,880 or $5,000 zones.

Ethereum Price

Potential Downward Movement

If ETH does not surpass the $4,550 resistance, it may continue declining. Initial support is around $4,350, followed by major support near $4,280 and the 76.4% Fibonacci retracement level. A drop below $4,280 could push the price toward $4,150 and then $4,120, with key support at $4,065.

Technical Indicators

  • Hourly MACD indicates decreasing momentum in the bullish zone.
  • Hourly RSI is below 50.
  • Major Support Level is $4,280.
  • Major Resistance Level is $4,550.