The post Ethereum Price Retreats to $4,473 Despite Strong Weekly Gains – ETH Technical Analysis appeared on BitcoinEthereumNews.com.

Terrill Dicki
Sep 20, 2025 06:17

ETH trades at $4,473.20 (-1.41% daily) after hitting $4,759.96 this week. Citigroup’s $4,300 year-end target creates resistance as technical indicators show mixed signals.

Quick Take • ETH currently trading at $4,473.20 (-1.41% in 24h) • Ethereum’s RSI sits neutral at 51.82 while MACD shows bearish divergence • Citigroup’s conservative $4,300 price target contrasts with recent bullish momentum What’s Driving Ethereum Price Today? The ETH price is experiencing a minor pullback today despite strong weekly performance that saw Ethereum surge to $4,759.96 earlier this week. This represents a significant 9.62% weekly gain that reinforced Ethereum’s market dominance at 25.25%. However, today’s 1.41% decline appears influenced by profit-taking following Citigroup’s announcement of a year-end price target of $4,300 for Ether. The investment bank’s projection, while citing increased investor interest in Ethereum-based applications like stablecoins and tokenization, sits below current trading levels and may be creating psychological resistance. The timing of Citigroup’s conservative outlook has introduced some caution into the market, with traders potentially reassessing positions after the strong weekly rally. Despite this short-term pressure, the underlying fundamentals driving Ethereum adoption remain intact, including growing institutional interest and expanding use cases in decentralized finance. ETH Technical Analysis: Mixed Signals Create Trading Uncertainty The current Ethereum technical analysis reveals a complex picture for traders. Ethereum’s RSI of 51.82 sits firmly in neutral territory, indicating neither overbought nor oversold conditions. This neutral positioning suggests the recent pullback may be healthy consolidation rather than a trend reversal. However, the MACD indicator presents a more cautious view. With the MACD line at 61.60 and the signal line at 70.50, the negative histogram of -8.90 indicates bearish momentum is building for ETH. This divergence between price strength and momentum often precedes short-term corrections. Ethereum’s…

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Filed under: News - @ September 20, 2025 7:28 pm