{"id":92697,"date":"2025-09-01T03:08:40","date_gmt":"2025-09-01T03:08:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92697"},"modified":"2025-09-01T03:08:40","modified_gmt":"2025-09-01T03:08:40","slug":"ethereum-recent-gains-in-danger-could-we-see-another-drop","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92697","title":{"rendered":"Ethereum Recent Gains in Danger \u2013 Could We See Another Drop?"},"content":{"rendered":"

Ethereum price started a fresh decline below the $4,650 zone. ETH is now showing bearish signs and might gain bearish momentum if it drops below $4,340.<\/em><\/p>\n

Ethereum is still struggling to settle above the $4,500 zone.
\nThe price is trading below $4,500 and the 100-hourly Simple Moving Average.
\nThere is a key bearish trend line forming with resistance at $4,460 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could extend losses and dive if there is a close below $4,340 in the near term.<\/p>\n

Ethereum Price Dips Again<\/h2>\n

Ethereum price started a recovery wave after it tested the $4,260 zone, like Bitcoin<\/a>. ETH price was able to climb above the $4,320 and $4,350 resistance levels.<\/p>\n

The price surpassed the 50% Fib retracement level of the key decline from the $4,660 swing high to the $4,261 low. However, the bears remained active near the $4,480 resistance zone. There were two attempts, but the bulls failed to gain strength to clear $4,500.<\/p>\n

The 61.8% Fib retracement level of the key decline<\/a> from the $4,660 swing high to the $4,261 low is acting as a barrier. The price reacted to the downside below $4,450.<\/p>\n

Ethereum price is now trading below $4,450 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance at $4,460 on the hourly chart of ETH\/USD. On the upside, the price could face resistance near the $4,450 level. The next key resistance is near the $4,480 level. The first major resistance is near the $4,500 level.<\/p>\n

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

A clear move above the $4,500 resistance might send the price toward the $4,565 resistance. An upside break above the $4,565 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,650 resistance zone or even $4,720 in the near term.<\/p>\n

More Losses In ETH?<\/h2>\n

If Ethereum fails to clear the $4,500 resistance, it could continue to move down. Initial support on the downside is near the $4,375 level. The first major support sits near the $4,340 zone.<\/p>\n

A clear move below the $4,340 support might push the price toward the $4,320 support. Any more losses might send the price toward the $4,260 support level in the near term. The next key support sits at $4,150.<\/p>\n

Technical Indicators<\/p>\n

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

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

Major Support Level \u2013 $4,340<\/p>\n

Major Resistance Level \u2013 $4,500<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a fresh decline below the $4,650 zone. ETH is now showing bearish signs and might gain bearish momentum if it drops below $4,340. Ethereum is still struggling to settle above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":92698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92697","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\/92697"}],"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=92697"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92698"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}