NewsBTC
4 September 2025
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Ethereum Price Recovery Faces Resistance Near $4,500 Level

Ethereum Price Analysis

  • Ethereum is attempting a recovery above $4,350 but faces resistance at $4,500.
  • The price is currently above $4,400 and the 100-hourly Simple Moving Average.
  • A break occurred above a bearish trend line at $4,385 on the hourly chart for ETH/USD.
  • A sustained increase requires a close above the $4,500 level.

Price Movement Details

Ethereum has formed a base above $4,200, successfully surpassing resistance levels of $4,265 and $4,320. The bulls have exceeded the 50% Fibonacci retracement from the drop between $4,660 and $4,209.

Current trading indicates resistance near $4,500, aligning with the 61.8% Fibonacci level of the prior decline. The next resistance thresholds are set at $4,520 and $4,555. An increase past $4,555 may lead to targets of $4,620 or higher.

Ethereum Price

Potential Decline Scenario

If Ethereum does not breach the $4,500 resistance, it risks declining. Initial support is at $4,400, followed by stronger support at $4,360. A drop below $4,360 could see prices fall toward $4,315 and potentially down to $4,260.

Technical Indicators

  • Hourly MACD shows diminishing momentum in the bullish zone.
  • Hourly RSI is above the 50 mark.
  • Major support level stands at $4,360.
  • Major resistance level is at $4,500.