{"id":7140,"date":"2025-09-22T04:11:04","date_gmt":"2025-09-22T04:11:04","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-price-dives-can-bulls-step-in-before-more-damage-is-done\/"},"modified":"2025-09-22T04:11:04","modified_gmt":"2025-09-22T04:11:04","slug":"ethereum-price-dives-can-bulls-step-in-before-more-damage-is-done","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-price-dives-can-bulls-step-in-before-more-damage-is-done\/","title":{"rendered":"Ethereum Price Dives \u2013 Can Bulls Step In Before More Damage Is Done?"},"content":{"rendered":"<p><em>Ethereum price started a fresh decline below $4,550. ETH is now consolidating and might decline further if it breaks the $4,250 support zone.<\/em><\/p>\n<ul>\n<li>Ethereum failed to extend gains and declined below the $4,550 zone.<\/li>\n<li>The price is trading below $4,450 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $4,450 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 $4,400 and $4,450.<\/li>\n<\/ul>\n<h2>Ethereum Price Dips Sharply<\/h2>\n<p>Ethereum price failed to continue higher above the $4,650 zone and started a fresh decline, like Bitcoin. ETH price declined below the $4,600 and $4,550 support levels.<\/p>\n<p>The bears even pushed the price below $4,420. A low was formed at $4,264 and the price is now consolidating losses and is well below the 23.6% Fib retracement level of the downward wave from the $4,637 swing high to the $4,264 low.<\/p>\n<p>Ethereum price is now trading below $4,400 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,350 level. The next key resistance is near the $4,400 level.<\/p>\n<p>The first major resistance is near the $4,450 level. Besides, there is a key bearish trend line forming with resistance at $4,450 on the hourly chart of ETH\/USD. A clear move above the $4,450 resistance might send the price toward the $4,500 resistance or the 61.8% Fib retracement level of the downward wave from the $4,637 swing high to the $4,264 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-825009\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/Ethereum_2199ba.png?resize=1024%2C493\" alt=\"Ethereum Price\" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/p>\n<p>An upside break above the $4,500 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,550 resistance zone or even $4,620 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $4,350 resistance, it could start a fresh decline. Initial support on the downside is near the $4,250 level. The first major support sits near the $4,220 zone.<\/p>\n<p>A clear move below the $4,220 support might push the price toward the $4,150 support. Any more losses might send the price toward the $4,120 region in the near term. The next key support sits at $4,050.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish 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 $4,250<\/p>\n<p>Major Resistance Level \u2013 $4,350<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh decline below $4,550. ETH is now consolidating and might decline further if it breaks the $4,250 support zone. Ethereum failed to extend gains and declined below the $4,550 zone. The price is trading below $4,450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7141,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[138,148,102,104,105],"class_list":["post-7140","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\/7140","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=7140"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/7141"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=7140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=7140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=7140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}