{"id":7581,"date":"2025-10-15T04:11:05","date_gmt":"2025-10-15T04:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-looks-ready-key-support-holds-as-bulls-aim-fresh-upside-push\/"},"modified":"2025-10-15T04:11:05","modified_gmt":"2025-10-15T04:11:05","slug":"ethereum-looks-ready-key-support-holds-as-bulls-aim-fresh-upside-push","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-looks-ready-key-support-holds-as-bulls-aim-fresh-upside-push\/","title":{"rendered":"Ethereum Looks Ready \u2013 Key Support Holds As Bulls Aim Fresh Upside Push"},"content":{"rendered":"<p><em>Ethereum price started a fresh recovery above $4,050. ETH is now showing positive signs and might rise further toward the $4,350 level.<\/em><\/p>\n<ul>\n<li>Ethereum started a recovery wave above the $4,000 and $4,020 levels.<\/li>\n<li>The price is trading above $4,050 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a key bullish trend line forming with support at $3,980 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move up if it trades above $4,200.<\/li>\n<\/ul>\n<h2>Ethereum Price Holds Support<\/h2>\n<p>Ethereum price started a recovery wave above the $3,950 level, like Bitcoin. ETH price formed a base and was able to recover above the $4,000 level.<\/p>\n<p>The price cleared the 50% Fib retracement level of the recent decline from the $4,290 swing high to the $3,890 low. The bulls were able to push the price above the $4,120 pivot level. Besides, there is a key bullish trend line forming with support at $3,980 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading above $4,100 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,140 level. The next key resistance is near the $4,200 level and the 76.4% Fib retracement level of the recent decline from the $4,290 swing high to the $3,890 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-838313\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Ethereum_db77c7.png?resize=1024%2C493\" alt=\"Ethereum Price \" width=\"1024\" height=\"493\" \/><\/p>\n<p>The first major resistance is near the $4,290 level. A clear move above the $4,290 resistance might send the price toward the $4,380 resistance. An upside break above the $4,380 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 $4,000 level and the trend line. The first major support sits near the $3,880 zone.<\/p>\n<p>A clear move below the $3,880 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,750 region in the near term. The next key support sits at $3,640.<\/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 $4,000<\/p>\n<p>Major Resistance Level \u2013 $4,200<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh recovery above $4,050. ETH is now showing positive signs and might rise further toward the $4,350 level. Ethereum started a recovery wave above the $4,000 and $4,020 levels. The price is trading above $4,050 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7582,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[147],"tags":[138,148,102,104,105],"class_list":["post-7581","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\/7581","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=7581"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/7582"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=7581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=7581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=7581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}