{"id":7323,"date":"2025-10-01T04:11:05","date_gmt":"2025-10-01T04:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-pushes-higher-will-bulls-overcome-resistance-and-extend-the-rally\/"},"modified":"2025-10-01T04:11:05","modified_gmt":"2025-10-01T04:11:05","slug":"ethereum-pushes-higher-will-bulls-overcome-resistance-and-extend-the-rally","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-pushes-higher-will-bulls-overcome-resistance-and-extend-the-rally\/","title":{"rendered":"Ethereum Pushes Higher \u2013 Will Bulls Overcome Resistance And Extend The Rally?"},"content":{"rendered":"<p><em>Ethereum price started a recovery wave above $4,175. ETH is now consolidating and might aim for more gains if it clears the $4,240 resistance.<\/em><\/p>\n<ul>\n<li>Ethereum remained stable above $4,100 and started a recovery wave.<\/li>\n<li>The price is trading above $4,160 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a connecting bullish trend line forming with support at $4,120 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move up if it settles above $4,220 and $4,240.<\/li>\n<\/ul>\n<h2>Ethereum Price Eyes Upside Break<\/h2>\n<p>Ethereum price remained supported above the $4,050 level and started a recovery wave, like Bitcoin. ETH price was able to recover above the $4,150 and $4,200 resistance levels.<\/p>\n<p>The price even spiked toward $4,240 before there was a minor pullback. The price is again rising from $4,095 and trading near the 50% Fib retracement level of the recent decline from the $4,237 swing high to the $4,093 low. Besides, there is a connecting bullish trend line forming with support at $4,120 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading above $4,160 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,200 level and the 76.4% Fib retracement level of the recent decline from the $4,237 swing high to the $4,093 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-829987\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Ethereum.png?resize=1024%2C493\" alt=\"Ethereum Price \" width=\"1024\" height=\"493\" \/><\/p>\n<p>The next key resistance is near the $4,240 level. The first major resistance is near the $4,280 level. A clear move above the $4,280 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,450 resistance zone or even $4,500 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $4,200 resistance, it could start a fresh decline. Initial support on the downside is near the $4,120 level and the trend line. The first major support sits near the $4,095 zone.<\/p>\n<p>A clear move below the $4,095 support might push the price toward the $4,020 support. Any more losses might send the price toward the $3,920 region in the near term. The next key support sits at $3,840.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $4,120<\/p>\n<p>Major Resistance Level \u2013 $4,240<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a recovery wave above $4,175. ETH is now consolidating and might aim for more gains if it clears the $4,240 resistance. Ethereum remained stable above $4,100 and started a recovery wave. The price is trading above $4,160 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7324,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[138,148,102,104,105],"class_list":["post-7323","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\/7323","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=7323"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/7324"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=7323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=7323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=7323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}