The post Ethereum (ETH) Holds Above $4,500 as Citigroup Projects Conservative Year-End Target appeared on BitcoinEthereumNews.com.

Timothy Morano
Sep 17, 2025 13:04

ETH trades at $4,506 with bullish technical momentum while Citigroup sets cautious $4,300 year-end target amid growing network activity and institutional interest.

Quick Take • ETH currently trading at $4,506.39 (+0.12% in 24h) • Ethereum’s RSI at 54.44 signals neutral momentum with bullish MACD crossover • Citigroup sets conservative $4,300 year-end target while network activity surges What’s Driving Ethereum Price Today? Ethereum continues to demonstrate resilience around the $4,500 level despite mixed market signals from institutional analysts. Most recently, Citigroup projected a year-end price target of $4,300 for Ether, citing increased investor demand and growing interest in Ethereum-based applications like stablecoins and tokenization. While this represents institutional confidence in Ethereum’s utility, the target sits notably below current ETH price levels, suggesting cautious optimism rather than aggressive bullishness. The more encouraging development came earlier in the week when Ethereum held steady around $4,300 with a notable surge in active addresses and daily trading volume. This network activity increase indicates genuine user engagement rather than speculative trading, providing fundamental support for current price levels. The combination of growing network utilization and institutional recognition of Ethereum’s expanding ecosystem creates a mixed but generally positive backdrop for ETH price action. ETH Technical Analysis: Neutral Momentum with Bullish Undertones Ethereum’s technical picture presents a cautiously optimistic scenario based on current Binance spot market data. The ETH RSI reading of 54.44 places Ethereum in neutral territory, avoiding both overbought and oversold conditions that often precede sharp reversals. This positioning allows for potential upward movement without immediate technical resistance from momentum indicators. The MACD indicator tells a more bullish story for Ethereum, with the main line at 71.6379 crossing above the signal line at 70.7129, creating a positive histogram reading of 0.9249. This…

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Filed under: News - @ September 18, 2025 12:33 am