{"content":"🔥 ETH Refuses to Dip — Are Bulls Gearing Up for the Next Leg? Ethereum kept rising beyond $3,880. ETH is consolidating gains and may shortly reach $4,000. Ethereum rose again over $3,820 and $3,880. The price is at $3,800 and the 100-hour SMA. The hourly ETH/USD chart broke below a positive trend line with support at $3,800. If supported over $3,720, the pair may rise again. Ethereum Retraces Gains Ethereum price stayed over $3,720 and rose like Bitcoin. ETH traded over $3,800 and $3,850 barrier. Price rose beyond $3,880. The price approached $3,920. After reaching $3,939, the price is correcting. The $3,515 swing low to $3,939 high upward advance fell below the 23.6% Fib retracement line. Additionally, ETH/USD's hourly chart broke below a bullish trend line with support at $3,800. Ethereum is reaching $3,800 and the 100-hour SMA. Price may find resistance at $3,820 on the upside. Around $3,840 is the next major resistance. At $3,880, serious resistance begins. A clean break over $3,880 might push the price above $3,940. Above $3,940 barrier might lead to greater advances in the following sessions. Ether may soar to $4,000 or $4,120 soon. Another ETH Drop? Ethereum may fall if it fails to break $3,820. Around $3,720 is first downside support. First significant support is around $3,700. A decisive break below $3,700 might bring the price below $3,650. If losses continue, the price may reach $3,550 support. Next important support is $3,420. Tech Indicators Hourly MACD - ETH/USD MACD is losing bullish momentum. Hourly RSI: ETH/USD is below 50. Major Support: $3,720 Major Resistance: $3,820 #ETH #ETHReclaims3800 $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/29/4b1f793175fb4f61b2b97e3dc56e226b.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}