Coinidol.com: Ethereum’s price is currently moving within a range above the $3,750 support and below the moving average lines.
Ethereum price long-term analysis: ranging
Since the price drop on October 10, the largest altcoin has traded within a narrow band. On October 13, buyers failed to keep the price above the 21-day SMA, allowing bears to continue selling during modest rallies, as Coinidol.com reported previously. The extended candlestick wicks indicate strong selling pressure at recent highs.
On the downside, if bears break the $3,750 support, Ether could fall to its previous low of $3,510. Conversely, if bulls break above the 21-day SMA, they will gain an advantage, and Ether could advance to the next resistance level at $4,559.00. As of this writing, Ether is trading at $3,952.
ETH indicator analysis
The moving average lines are horizontal, and the price bars fluctuate below them. The cryptocurrency is leaving long candlestick wicks and tails as it continues its range-bound movement. On the 4-hour chart, the price bars are above the horizontal moving averages.
ETH/USD daily chart – September 24, 2025
What is the next direction for ETH?
The 4-hour chart shows Ethereum’s price moving in a range above the $3,750 support. Ether is trading above the $3,750 support but below the $4,300 high. Upward price movements are resisted at the recent peak. The cryptocurrency is lingering above the moving average lines, awaiting rejection near the $4,000 level.
ETH/USD 4-hour chart – September 24, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/eth-range-above/
