{"id":7044,"date":"2025-09-17T04:11:05","date_gmt":"2025-09-17T04:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-price-need-breakout-key-hurdles-before-rally-can-continue\/"},"modified":"2025-09-17T04:11:05","modified_gmt":"2025-09-17T04:11:05","slug":"ethereum-price-need-breakout-key-hurdles-before-rally-can-continue","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-price-need-breakout-key-hurdles-before-rally-can-continue\/","title":{"rendered":"Ethereum Price Need Breakout \u2013 Key Hurdles Before Rally Can Continue"},"content":{"rendered":"<p><em>Ethereum price started a fresh decline below $4,620. ETH is now trading below $4,620 and might extend losses if it stays below $4,585.<\/em><\/p>\n<ul>\n<li>Ethereum is now correcting gains below the $4,620 zone.<\/li>\n<li>The price is trading below $4,600 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a bearish trend line forming with resistance at $4,580 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh increase if it settles above $4,580 and $4,620.<\/li>\n<\/ul>\n<h2>Ethereum Price Faces Hurdles<\/h2>\n<p>Ethereum price started a fresh decline after it failed to stay above the $4,650 zone, like Bitcoin. ETH price corrected gains and dipped below the $4,600 support.<\/p>\n<p>There was a move below the 50% Fib retracement level of the upward move from the $4,268 swing low to the $4,765 high. The bears were able to push the price below $4,500 and the 100-hourly Simple Moving Average. Besides, there is a bearish trend line forming with resistance at $4,580 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading below $4,560 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,550 level. The next key resistance is near the $4,580 level and the trend line.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-822960\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/Ethereum_eb41b8.png?resize=1024%2C493\" alt=\"Ethereum Price\" width=\"1024\" height=\"493\" \/><\/p>\n<p>The first major resistance is near the $4,620 level. A clear move above the $4,620 resistance might send the price toward the $4,665 resistance. An upside break above the $4,665 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,720 resistance zone or even $4,740 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $4,580 resistance, it could start a fresh decline. Initial support on the downside is near the $4,480 level. The first major support sits near the $4,450 zone and the 61.8% Fib retracement level of the upward move from the $4,268 swing low to the $4,765 high.<\/p>\n<p>A clear move below the $4,450 support might push the price toward the $4,380 support. Any more losses might send the price toward the $4,320 region in the near term. The next key support sits at $4,250.<\/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 $4,450<\/p>\n<p>Major Resistance Level \u2013 $4,580<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh decline below $4,620. ETH is now trading below $4,620 and might extend losses if it stays below $4,585. Ethereum is now correcting gains below the $4,620 zone. The price is trading below $4,600 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,580&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7045,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[138,148,102,104,105],"class_list":["post-7044","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\/7044","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=7044"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/7045"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=7044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=7044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=7044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}