Ethereum Bulls Battle Key Resistance – Can They Power Through the Recovery Hurdles?

Ethereum's comeback hits a wall—bulls are grinding against stubborn resistance levels that just won't budge.

Technical Barriers Loom Large

Price action's stuck in a tight range, and every push upward gets smacked down. Traders are watching key moving averages like hawks—break above, and momentum might flip. Break fail, and it's back to range-bound purgatory. Volume's been meek, too—no conviction behind these mini-rallies.

The Whale Factor

Big wallets aren't making dramatic moves yet. Either they're waiting for a clearer signal or just enjoying the staking yields while retail does the heavy lifting. Classic.

Macro Mood Swing

Crypto doesn't trade in a vacuum. Fed whispers, equity wobbles—it all trickles down. If risk-off kicks in, ETH's recovery gets tougher. No coin is an island, even if its maxis pretend it is.

Bottom Line: It’s Doable, But Not Easy

Bulls need volume, momentum, and maybe a little narrative magic. Otherwise, we’re sideways until the next catalyst—or the next crypto CFO 'accidentally' sends funds to a burn address.

Ethereum Price Eyes Steady Increase

Ethereum price started a recovery wave after it tested the $4,220 zone, like Bitcoin. ETH price was able to climb above the $4,280 and $4,320 resistance levels.

The price surpassed the 50% Fib retracement level of the recent decline from the $4,491 swing high to the $4,213 low. A base seems to be forming above the $4,200 level, but the bears might remain active above the $4,400 resistance zone.

Ethereum price is now trading below $4,450 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance at $4,430 on the hourly chart of ETH/USD.

On the upside, the price could face resistance near the $4,385 level or the 61.8% Fib retracement level of the recent decline from the $4,491 swing high to the $4,213 low. The next key resistance is near the $4,400 level and the trend line. The first major resistance is near the $4,430 level.

A clear MOVE above the $4,430 resistance might send the price toward the $4,500 resistance. An upside break above the $4,500 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,550 resistance zone or even $4,580 in the near term.

Another Decline In ETH?

If ethereum fails to clear the $4,430 resistance, it could continue to move down. Initial support on the downside is near the $4,320 level. The first major support sits near the $4,250 zone.

A clear move below the $4,250 support might push the price toward the $4,200 support. Any more losses might send the price toward the $4,160 support level in the near term. The next key support sits at $4,120.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is gaining momentum in the bullish zone.

Hourly RSIThe RSI for ETH/USD is now above the 50 zone.

Major Support Level – $4,250

Major Resistance Level – $4,430