{"id":108221,"date":"2025-10-28T03:08:19","date_gmt":"2025-10-28T03:08:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=108221"},"modified":"2025-10-28T03:08:19","modified_gmt":"2025-10-28T03:08:19","slug":"ethereum-supported-on-dips-buyers-build-strength-for-next-leg-higher","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=108221","title":{"rendered":"Ethereum Supported On Dips \u2014 Buyers Build Strength For Next Leg Higher"},"content":{"rendered":"

Ethereum price started a decent increase above $4,000. ETH is consolidating gains and could aim for more gains above the $4,220 resistance.<\/em><\/p>\n

Ethereum started a fresh upward move above $4,000 and $4,120.
\nThe price is trading above $4,080 and the 100-hourly Simple Moving Average.
\nThere is a bullish trend line forming with support at $4,055 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could continue to move up if it trades above $4,200.<\/p>\n

Ethereum Price Holds Gains<\/h2>\n

Ethereum price started a steady upward move above the $3,880 zone, like Bitcoin<\/a>. ETH price surpassed the $4,000 and $4,120 levels to enter a short-term positive zone.<\/p>\n

The price even spiked above $4,200. A high was formed at $4,252 and the price is now consolidating gains<\/a>. There was a minor decline below the 23.6% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high.<\/p>\n

Ethereum price is now trading above $4,080 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $4,055 on the hourly chart of ETH\/USD.<\/p>\n

<\/a><\/p>\n

On the upside, the price could face resistance near the $4,180 level. The next key resistance is near the $4,200 level. The first major resistance is near the $4,250 level. A clear move above the $4,250 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,480 resistance zone or even $4,500 in the near term.<\/p>\n

Another Pullback In ETH?<\/h2>\n

If Ethereum fails to clear the $4,200 resistance, it could start a fresh decline. Initial support on the downside is near the $4,080 level. The first major support sits near the $4,050 zone and the trend line.<\/p>\n

A clear move below the $4,050 support might push the price toward the $3,980 support or the 50% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high. Any more losses might send the price toward the $3,840 region in the near term. The next key support sits at $3,780.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n

Hourly RSI \u2013 <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n

Major Support Level \u2013 $4,050<\/p>\n

Major Resistance Level \u2013 $4,200<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a decent increase above $4,000. ETH is consolidating gains and could aim for more gains above the $4,220 resistance. Ethereum started a fresh upward move above $4,000 and $4,120. The price is trading above $4,080 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,055 […]<\/p>\n","protected":false},"author":0,"featured_media":108222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-108221","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\/108221"}],"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=108221"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/108221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/108222"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=108221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=108221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=108221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}