
{"id":105143,"date":"2025-10-16T03:08:05","date_gmt":"2025-10-16T03:08:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=105143"},"modified":"2025-10-16T03:08:05","modified_gmt":"2025-10-16T03:08:05","slug":"ethereum-price-consolidates-below-resistance-breakout-or-breakdown-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=105143","title":{"rendered":"Ethereum Price Consolidates Below Resistance \u2014 Breakout Or Breakdown Next?"},"content":{"rendered":"<p><em>Ethereum price is still struggling to settle above $4,220. ETH is now consolidating in a range and might decline sharply if there is a move below $3,880.<\/em><\/p>\n<p>Ethereum started a recovery wave above the $4,000 and $4,020 levels.<br \/>\nThe price is trading below $4,050 and the 100-hourly Simple Moving Average.<br \/>\nThere is a short-term contracting triangle forming with support at $3,950 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could continue to move up if it trades above $4,075.<\/p>\n<h2>Ethereum Price Dips To Support<\/h2>\n<p>Ethereum price struggled to settle above $4,200 and corrected most gains, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-under-pressure-116k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price declined below the $4,050 and $4,000 levels.<\/p>\n<p>It even tested the $3,940 zone. A low was formed at $3,932 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the recent decline from the $4,216 swing high to the $3,932 low.<\/p>\n<p>Besides, there is a short-term contracting triangle forming with support at $3,950 on the hourly chart of ETH\/USD. Ethereum price is now trading below $4,050 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-looks-ready-4000\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>.<\/p>\n<p>On the upside, the price could face resistance near the $4,075 level. The next key resistance is near the $4,150 level and the 76.4% Fib retracement level of the recent decline from the $4,216 swing high to the $3,932 low. The first major resistance is near the $4,200 level.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Ethereum_687e54.png\"><\/a><\/p>\n<p>A clear move above the $4,200 resistance might send the price toward the $4,250 resistance. An upside break above the $4,250 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,350 resistance zone or even $4,420 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $4,150 resistance, it could start a fresh decline. Initial support on the downside is near the $3,950 level and the triangle\u2019s trend line. The first major support sits near the $3,880 zone.<\/p>\n<p>A clear move below the $3,880 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,750 region in the near term. The next key support sits at $3,640.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $3,950<\/p>\n<p>Major Resistance Level \u2013 $4,150<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price is still struggling to settle above $4,220. ETH is now consolidating in a range and might decline sharply if there is a move below $3,880. Ethereum started a recovery wave above the $4,000 and $4,020 levels. The price is trading below $4,050 and the 100-hourly Simple Moving Average. There is a short-term contracting [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":105144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-105143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105143"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105143"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/105144"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}