📉 ETH on the Edge — Price Struggles to Stay Afloat A new r
koinmilyoner
Updated at: 7 hours ago
{"content":"📉 ETH on the Edge — Price Struggles to Stay Afloat
A new rebound wave over $4,350 failed for Ethereum. ETH is suffering and may go below $4,270.
Ethereum struggles to break $4,400.
The price is below $4,350 and the 100-hour SMA.
The hourly ETH/USD chart broke below a positive trend line with support around $4,290.
If it falls below $4,220, the pair may fall sharply.
Ethereum Price May Fall
Ethereum pricing launched a rebound wave after forming a base above $4,220, like Bitcoin. Before bears emerged, ETH price rose over $4,300 and $4,320 barrier levels.
Price battled to break $4,400. After reaching $4,383, the price fell. Price fell below $4,320 support. Price fell below the 50% Fib retracement line of the latest climb from $4,234 swing low to $4,383 high.
Additionally, ETH/USD's hourly chart broke below a bullish trend line with support around $4,290. Ethereum has fallen below $4,320 and the 100-hour SMA.
Price may find resistance at $4,320 on the upside. Around $4,360 is the next major resistance. Near $4,400 is the first significant obstacle. A clean break over $4,400 might push the price above $4,440. Above $4,440 barrier might lead to greater advances in the following sessions. Ether may soar to $4,500 or $4,550 soon.
More ETH downside?
Ethereum may fall again if it fails to break $4,360. At $4,270, downward support begins. Near $4,220 is the first big support.
A decisive break below $4,220 might bring the market near $4,200. If losses continue, the price may reach $4,160 support. The next support is $4,120.
Tech Indicators
The negative MACD for ETH/USD is growing.
Hourly RSI: ETH/USD is below 50.
Major Support—$4,220
Major Resistance: $4,360
#ETH #AltcoinMarketRecovery #BTCvsETH $XRP $ETH $BNB ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/09/78403b9d1cdf45df8ce25815a5dedb10.png"],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}