Connect with us

Ethereum

Strong Bullish Case for ETH Above $4,220 (Ethereum Price Analysis)

Ethereum is currently trapped between strong higher-timeframe support and heavy resistance left behind by the recent breakdown.

Bulls must defend the $3.9K base to keep the broader uptrend intact, while reclaiming the $4.2K resistance band would provide confirmation for a continuation move toward the previous highs.

By Shayan

The Daily Chart

On the daily timeframe, ETH has pulled back from its recent peak into a critical support confluence, including the 100-day moving average and the ascending channel’s lower boundary around $3.8K. Despite the recent sell-off, the cryptocurrency remains above the 200-day moving average, which continues to serve as a longer-term bullish anchor.

The rejection from the order block near $4,600–$4,700 has left the market vulnerable to short-term downside pressure. However, as long as the price holds above $3.8K–$3.9K, there remains scope for recovery. A sustained daily close back above the order block would likely trigger renewed bullish momentum.

eth_price_chart_2909252
Source: TradingView

The 4-Hour Chart

On the 4-hour chart, Ethereum sharply declined into the $3,800–$3,900 demand region, which overlaps with the channel’s lower boundary, and quickly attracted buyers. This bounce has lifted the price toward the $4,200 zone, where short-term resistance is now being tested.

Above this level, the $4,300–$4,400 range stands out as the next critical resistance, aligning with the decision point (DP) and key Fibonacci retracements.

A failure to reclaim momentum above $4,200 could force ETH into further consolidation, or even another retest of the $3,800 demand block. Conversely, a clean breakout would pave the way for ETH to revisit higher resistance zones, ultimately targeting the $4,600–$4,700 order block.

eth_price_chart_2909251
Source: TradingView

By Shayan

The liquidation heatmap highlights that Ethereum’s recent decline triggered a long squeeze, wiping out a dense cluster of overleveraged positions just below $3,900 before rebounding.

Currently, ETH is pressing against the $4,200 resistance, where another dense liquidity cluster has formed. This zone represents both a hurdle and a magnet for price action. If Ethereum successfully breaks above this area and clears the liquidity overhead, the next major concentration lies above the $4,700 swing highs.

This makes a liquidity sweep of those highs increasingly likely, as the market tends to gravitate toward such pools. In short, while buyers must first absorb the supply at $4,200, the larger liquidity resting above $4,700 suggests Ethereum’s path of least resistance remains tilted upward.

eth_liquidation_heatmap_chart_2909251
Source: Coinglass
SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Read More

Ethereum

Ethereum Foundation Converts 1,000 ETH to Stablecoins in a $4.46M Cowswap Maneuver

This week, the Ethereum Foundation decided to mix things up, cashing out 1,000 ether for stablecoins through Cowswap to bankroll research, development, and grants. The foundation pulled off the swaps over the past day, slicing the conversions into four clean, calculated transactions. Ethereum Foundation Turns $4.46M in ETH Into Stablecoins On Friday…
Read More

Continue Reading

Ethereum

Ethereum Whispers ‘Breakout’—But Will It Scream Past $4,600?

Ethereum’s holding steady at a confident $4,500, with a market cap of $543 billion and a crisp 24-hour trading volume of $36.86 billion. But don’t get too relaxed—its intraday range from $4,446 to $4,583 shows this crypto’s still got some tricks up its sleeve to keep traders on edge…
Read More

Continue Reading

Ethereum

Crypto Price Analysis October-03: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

Ethereum had an excellent week after its price rallied by 14%. This allowed it to move close to $4,500, which may offer the required support to re-test the key resistance at $5,000. With sellers exhausted, buyers are back in control.

Bitcoin also made sustained gains this week, which primed the market for higher levels. This can boost the momentum of Ethereum, which is turning bullish again. 

Looking ahead, a clear breakout above $5,000 would place ETH in price discovery and allow it to run much higher quickly. Should that happen, key targets are found at $6,000 and $7,300. 

Ripple (XRP)

XRP closed the week 11% higher, which took the price above $3. This is a psychological level that can act as support in the future and provide a base for new highs with key targets at $3.2 and $3.6.  

To capitalize on this momentum, the bulls will have to push this cryptocurrency to make higher highs. That would imply a price level of $3.2 and above. 

Looking ahead, XRP appears to be finishing its consolidation between $2.7 and $3 and is ready for higher levels. If so, the ATH at $3.6 could be a major magnet for buyers in the last quarter of 2025.

Cardano (ADA)

Cardano also had a good week after it managed to hold above the support at $0.77 and closed with an 11% gain. This puts buyers back in charge, but their biggest test awaits at the $0.90 resistance.

The bullish momentum is not quite there yet to break the key resistance, but if the overall market remains bullish, a breakout is only a matter of time. If successful later, then ADA has a real chance to trade above $1 again. 

Looking ahead, October started with a bang as most cryptocurrencies are in green. Cardano also appears poised for new highs if buyers can push it beyond $0.90.

Binance Coin (BNB)

Binance Coin appears unstoppable after it made a new price record at over $1,100. This allowed it to close the week with a 16% gain, making it one of the strongest digital assets in 2025. 

The most important resistance, at this time, is found at $1,200, and the price could easily reach that in the coming days if this bullish momentum is sustained. That’s only an 8% price increase at the time of this post. 

Looking ahead, this cryptocurrency is well-positioned to capitalize on the enthusiasm across the market that appears to be forming in the last quarter of the year. If $1,200 is broken later, look towards $1,500 next. 

Hype (HYPE)

This week, HYPE finally completed its correction and managed to briefly visit $50 after a sustained rally that saw its price increase by 15%. With sellers gone, this cryptocurrency has already recovered most of its recent losses.

To be confident in this rally, HYPE has to claim $50 and defend it as support. If successful, then it has a real shot at revisiting its all-time high at $60.

Looking ahead, despite the volatility, the price continues to show a lot of strength. Even if attention was briefly directed towards other decentralized exchanges, this did not last, and liquidity returned to Hyperliquid, which is now reflected in its token price as well.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Read More

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.