
{"id":108920,"date":"2025-10-30T03:08:57","date_gmt":"2025-10-30T03:08:57","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=108920"},"modified":"2025-10-30T03:08:57","modified_gmt":"2025-10-30T03:08:57","slug":"ethereum-forecast-lack-of-conviction-keeps-eth-trapped-below-4k","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=108920","title":{"rendered":"Ethereum Forecast: Lack Of Conviction Keeps ETH Trapped Below $4K"},"content":{"rendered":"<p><em>Ethereum price started a downside correction below $4,120. ETH is moving lower below $4,000 and might decline further if it trades below $3,880.<\/em><\/p>\n<p>Ethereum started a downside correction below $4,050 and $4,000.<br \/>\nThe price is trading below $4,000 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bearish trend line forming with resistance at $4,000 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could continue to move down if it trades below $3,880.<\/p>\n<h2>Ethereum Price Dips Further<\/h2>\n<p>Ethereum price failed to stay in a positive zone and started a fresh decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-faces-rejection-116k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price declined below $4,120 and $4,050 to enter a bearish zone.<\/p>\n<p>There was a clear move below the 61.8% Fib retracement level of the upward move from the $3,708 swing low to the $4,252 high. Besides, there is a bearish trend line forming with resistance at $4,000 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading below $4,000 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-turns-lower-4k\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. If there is another increase, the price could face resistance near the $4,000 level and the trend line. The next key resistance is near the $4,030 level and the 100-hourly Simple Moving Average.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Ethereum_62a7a9.png\"><\/a><\/p>\n<p>The first major resistance is near the $4,080 level. A clear move above the $4,080 resistance might send the price toward the $4,120 resistance. An upside break above the $4,120 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,200 resistance zone or even $4,220 in the near term.<\/p>\n<h2>More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $4,000 resistance, it could start a fresh decline. Initial support on the downside is near the $3,880 level. The first major support sits near the $3,840 zone and the 76.4% Fib retracement level of the upward move from the $3,708 swing low to the $4,252 high.<\/p>\n<p>A clear move below the $3,840 support might push the price toward the $3,750 support. Any more losses might send the price toward the $3,700 region in the near term. The next key support sits at $3,650 and $3,620.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish 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 $3,880<\/p>\n<p>Major Resistance Level \u2013 $4,000<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a downside correction below $4,120. ETH is moving lower below $4,000 and might decline further if it trades below $3,880. Ethereum started a downside correction below $4,050 and $4,000. The price is trading below $4,000 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,000 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":108921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-108920","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\/108920"}],"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=108920"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/108920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/108921"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=108920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=108920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=108920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}