{"id":6101,"date":"2025-07-30T04:11:06","date_gmt":"2025-07-30T04:11:06","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-price-poised-for-a-comeback-is-another-rally-on-the-horizon\/"},"modified":"2025-07-30T04:11:06","modified_gmt":"2025-07-30T04:11:06","slug":"ethereum-price-poised-for-a-comeback-is-another-rally-on-the-horizon","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-price-poised-for-a-comeback-is-another-rally-on-the-horizon\/","title":{"rendered":"Ethereum Price Poised for a Comeback \u2013 Is Another Rally on the Horizon?"},"content":{"rendered":"<p><em>Ethereum price struggled to continue higher above the $3,940 zone. ETH is now consolidating gains and might soon aim for a move toward $4,000.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh increase above the $3,840 and $3,880 levels.<\/li>\n<li>The price is trading above $3,800 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a bearish trend line forming with resistance at $3,840 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh increase if it remains supported above the $3,725 zone in the near term.<\/li>\n<\/ul>\n<h2>Ethereum Price Holds Support<\/h2>\n<p>Ethereum price struggled to extend gains above the $3,940 level, like Bitcoin. ETH price started a downside correction from the $3,939 high and traded below $3,900.<\/p>\n<p>The price traded below the $3,820 support level and settled below the 23.6% Fib retracement level of the upward move from the $3,515 swing low to the $3,939 high. Moreover, there is a bearish trend line forming with resistance at $3,840 on the hourly chart of ETH\/USD.<\/p>\n<p>However, the price is steady above the $3,720 support and the 50% Fib retracement level of the upward move from the $3,515 swing low to the $3,939 high. Ethereum price is now trading above $3,800 and the 100-hourly Simple Moving Average.<\/p>\n<p>On the upside, the price could face resistance near the $3,840 level. The next key resistance is near the $3,880 level. The first major resistance is near the $3,940 level. A clear move above the $3,940 resistance might send the price toward the $3,965 resistance.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-795702\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/Ethereum_1341c7.png?resize=1024%2C479\" alt=\"Ethereum Price\" width=\"1024\" height=\"479\" \/><\/p>\n<p>An upside break above the $3,965 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 $4,120 in the near term.<\/p>\n<h2>Another Drop In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,840 resistance, it could start a downside correction. Initial support on the downside is near the $3,720 level. The first major support sits near the $3,680 zone.<\/p>\n<p>A clear move below the $3,680 support might push the price toward the $3,650 support. Any more losses might send the price toward the $3,550 support level in the near term. The next key support sits at $3,420.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $3,720<\/p>\n<p>Major Resistance Level \u2013 $3,840<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price struggled to continue higher above the $3,940 zone. ETH is now consolidating gains and might soon aim for a move toward $4,000. Ethereum started a fresh increase above the $3,840 and $3,880 levels. The price is trading above $3,800 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6102,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[138,148,102,104,105],"class_list":["post-6101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/6101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=6101"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/6101\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/6102"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=6101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=6101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=6101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}