Ethereum Price Builds a Base Above $4,500 as Bulls Eye Higher Levels
The post Ethereum Price Builds a Base Above $4,500 as Bulls Eye Higher Levels appeared on BitcoinEthereumNews.com.
Ethereum Price Rally Reshapes the Trend The $Ethereum price action since July has been remarkable. From the $3,200 zone, ETH steadily climbed, breaking past $3,530 and converting it into strong support. Once that barrier was cleared, ETH accelerated toward the $4,700 region, showing a clear shift in trend strength. ETH/USD 4-hours chart – TradingView The 200-day SMA ($3,853) remains far below spot levels, highlighting that the broader ETH structure is bullish and well-supported by long-term momentum. Current Ethereum Price Consolidation At the time of writing, the Ethereum price sits near $4,533, slightly above the 50 SMA ($4,442). This moving average has now become an important short-term floor, keeping $ETH stable after its sharp rally. The RSI at 59 confirms a balanced market recovering — not overbought yet, but still favoring buyers. This indicates that ETH is building a base rather than losing steam. ETH/USD 1-hour chart – TradingView Key ETH Levels Traders Should Watch Ethereum price is respecting clear technical levels: Immediate Support: $4,440 (50 SMA). Major Support Zone: $3,850–$3,530. Near-Term Resistance: $4,750–$4,800 cluster. Breakout Level: $5,000 — both a technical and psychological barrier. Will Ethereum Price reach $5,000 Soon? If ETH holds above $4,440, buyers are likely to retest $5,000 soon. Breaking that milestone could trigger a rally into the $5,300–$5,500 range. However, if Ethereum loses $4,440, a pullback into $4,000–3,850 is probable. Such a correction would not break the bullish trend but would reset momentum for another leg higher. Ethereum Price Prediction: How to Trade ETH Coin Today Long Setup: Buy dips near $4,440, target $4,900–$5,000, stop under $4,350. Breakout Play: Enter above $5,000 for a run to $5,300+. Short Setup (high-risk): Fade rejections at $4,750–$4,800, aiming for $4,400. Trade Ethereum on OKX with a Bonus For traders looking to get started, OKX currently offers a bonus of…
Filed under: News - @ August 17, 2025 2:28 pm