Ethereum Price Increase Potential: Is It the Right Time to Invest?

Jakarta, Pintu News – Ethereum (ETH) has recently shown a significant price increase, breaking through the $4,700 mark. After peaking at $4,765, Ethereum (ETH) is now experiencing a correction. However, technical analysis suggests that there is potential for further price increases if it can break certain resistances.

Ethereum Market Dynamics

Ethereum (ETH) has embarked on a fresh price rise after successfully establishing a strong base above the $4,350 zone, similar to Bitcoin (BTC). This rise was fueled by the breakout through several key resistance levels, including $4,550 and $4,650. This momentum took Ethereum (ETH) past $4,700, signaling the potential start of a broader bullish trend.

Also Read: 5 Shocking Facts about BNB Almost Penetrating Rp15 Million: CZ’s Call to the World Banks!

Technical Analysis: Further Upside Potential

After reaching a high of $4,765, Ethereum (ETH) experienced a minor correction and dropped below the 23.6% Fibonacci retracement level of the upside move from $4,268 to $4,765. In addition, there was also a break of an important bullish trend line with support at $4,660 on the hourly chart of ETH/USD. Despite the decline, Ethereum (ETH) is still trading above $4,550 and the 100-hourly simple moving average. On the upside, Ethereum (ETH) may face resistance near $4,650. The next key resistance is at $4,685. If Ethereum (ETH) manages to break the $4,700 resistance, it could trigger an advance towards $4,750. A break above $4,750 could open up opportunities for further gains towards the resistance zone of $4,820 or even $4,880 in the short term.

Possible Price Drop

If Ethereum (ETH) fails to break the $4,685 resistance, there is a possibility of a new price drop. Initial support lies near $4,550. The first major support is at the $4,520 zone and the 50% Fibonacci retracement level of the upside move from $4,268 to $4,765.

A drop below $4,520 support could push the price towards $4,420 support. A further decline could direct the price towards the $4,350 pivot level in the short term, with the next key support at $4,270.

Conclusion: Investment Opportunities in Ethereum

Taking into account the current dynamics and technical analysis, investors and traders should monitor the mentioned resistance and support levels to take informed investment decisions. Ethereum (ETH) shows potential fueled not only by market sentiment but also by the wider adoption of blockchain technology.

Also Read: 5 Surprising Monero (XMR) Actions After Breaking Rp4.9 Million Despite the Reorg!

Follow us on target="_blank" rel="noreferrer noopener" href="https://news.google.com/u/2/publications/CAAqBwgKMKXoywsw1YPjAw?hl=id&gl=ID&ceid=ID%3Aid">Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app through Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Ethereum Price Pullback to $4550 is Imminent, Bulls Must Defend This Level. Accessed on September 16, 2025