Ethereum Defies Gravity—Bulls Charge Toward New Highs in 2025
Ethereum isn't just holding its ground—it's priming for another leg up as bullish momentum builds. Here's why traders are doubling down.
Price Action: The ETH Rally Isn't Done Yet
Ethereum's price refuses to buckle, staying stubbornly elevated despite whispers of overextension. Traders are betting this is just the warm-up before a bigger move—because when has crypto ever listened to 'overbought' warnings?
Market Sentiment: Greed Meets Gas Fees
The crowd's all-in, from retail degens to institutional bag-holders (sorry, 'long-term investors'). Even Layer 2 solutions can't compress the fee frenzy when ETH starts running. Classic.
What's Next: The $10K Psychological Magnet
Every chartist and their uncle sees the path to five digits—assuming the SEC doesn't try to 'protect' us into a 50% correction first. Onward, upward, and occasionally downward. Welcome to crypto.
Ethereum Price Aims Fresh Increase Above $3,800
Ethereum price started a fresh increase above the $3,660 zone, outperforming Bitcoin. ETH price gained pace for a move above the $3,720 resistance zone to remain in a positive zone.
The bulls even pumped the price above $3,800. Finally, it tested the $3,860 zone. A high was formed at $3,859 and the price recently corrected some gains. There was a MOVE below the 50% Fib retracement level of the upward move from the $3,481 swing low to the $3,859 high.
The price tested the 61.8% Fib retracement level of the upward move from the $3,481 swing low to the $3,859 high. ethereum price is now trading above $3,650 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,670 on the hourly chart of ETH/USD.
On the upside, the price could face resistance NEAR the $3,770 level. The next key resistance is near the $3,800 level. The first major resistance is near the $3,850 level. A clear move above the $3,850 resistance might send the price toward the $3,920 resistance.
An upside break above the $3,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,000 resistance zone or even $4,200 in the near term.
Are Downsides Supported In ETH?
If ethereum fails to clear the $3,770 resistance, it could start a downside correction. Initial support on the downside is near the $3,670 level. The first major support sits near the $3,650 zone.
A clear move below the $3,620 support might push the price toward the $3,550 support. Any more losses might send the price toward the $3,450 support level in the near term. The next key support sits at $3,320.
Technical Indicators
Hourly MACDThe MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSIThe RSI for ETH/USD is now above the 50 zone.
Major Support Level – $3,670
Major Resistance Level – $3,800