
{"id":91571,"date":"2025-08-27T03:18:35","date_gmt":"2025-08-27T03:18:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91571"},"modified":"2025-08-27T03:18:35","modified_gmt":"2025-08-27T03:18:35","slug":"ethereum-price-eyes-upside-continuation-bulls-preparing-for-fresh-move","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91571","title":{"rendered":"Ethereum Price Eyes Upside Continuation, Bulls Preparing for Fresh Move"},"content":{"rendered":"<p><em>Ethereum price started a fresh decline below the $4,550 zone. ETH is now correcting losses and might aim for a move above the $4,650 zone.<\/em><\/p>\n<p>Ethereum started a fresh upward move from the $4,320 zone.<br \/>\nThe price is trading near $4,580 and the 100-hourly Simple Moving Average.<br \/>\nThere was a break above a key bearish trend line with resistance at $4,450 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could start another increase unless there is a close below $4,460 in the near term.<\/p>\n<h2>Ethereum Price Corrects Losses<\/h2>\n<p>Ethereum price traded to a <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-pulls-back-4550\/\" target=\"_blank\" rel=\"noopener\">new all-time high<\/a> above the $4,950 level before there was a downside correction, unlike <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-recovery-stalls-112k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price started a downside correction below the $4,650 and $4,550 levels.<\/p>\n<p>The price tested the $4,320 zone. A low was formed at $4,310 and the price started a fresh upward move. There was a break above $4,400 and $4,450. The price surpassed the 23.6% Fib retracement level of the recent decline from the $4,956 swing high to the $4,310 low.<\/p>\n<p>Besides, there was a break above a key bearish trend line with resistance at $4,450 on the hourly chart of ETH\/USD. Ethereum price is now trading near $4,580 and the 100-hourly Simple Moving Average.<\/p>\n<p>On the upside, the price could face resistance near the $4,630 level and the 50% Fib retracement level of the recent decline from the $4,956 swing high to the $4,310 low. The next key resistance is near the $4,650 level. The first major resistance is near the $4,720 level.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/Ethereum_ef66e3.png\"><\/a><\/p>\n<p>A clear move above the $4,720 resistance might send the price toward the $4,840 resistance. An upside break above the $4,840 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,950 resistance zone or even $5,000 in the near term.<\/p>\n<h2>Another Drop In ETH?<\/h2>\n<p>If Ethereum fails to clear the $4,630 resistance, it could continue to move down. Initial support on the downside is near the $4,500 level. The first major support sits near the $4,450 zone.<\/p>\n<p>A clear move below the $4,450 support might push the price toward the $4,320 support. Any more losses might send the price toward the $4,220 support level in the near term. The next key support sits at $4,150.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $4,450<\/p>\n<p>Major Resistance Level \u2013 $4,630<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh decline below the $4,550 zone. ETH is now correcting losses and might aim for a move above the $4,650 zone. Ethereum started a fresh upward move from the $4,320 zone. The price is trading near $4,580 and the 100-hourly Simple Moving Average. There was a break above a key bearish [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":91572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91571","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\/91571"}],"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=91571"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91572"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}