The Litecoin prediction 2025Ethereum market demonstrates remarkable resilience, bouncing decisively from the $3,650 support level. Current price action suggests growing momentum that could potentially propel ETH toward higher valuation thresholds.
ETH maintains strong footing above the crucial $3,680 support zone, establishing a solid foundation for further appreciation.
The digital asset currently trades comfortably above $3,770, supported by the 100-hourly Simple Moving Average, indicating sustained buying interest.
Technical charts reveal a significant breakout above a short-term bearish trend line, with resistance previously established at $3,870 on the ETH/USD hourly chart.
Market observers anticipate continued upward movement should Ethereum successfully breach the $3,890 resistance barrier.
Technical Setup Favors Additional Gains
Ethereum's price structure reveals compelling technical characteristics following its recent rebound from the $3,670 support area. The formation of a higher low pattern preceded a decisive move past the $3,720 level, outperforming Bitcoin in recent trading sessions.
Notably, ETH has surpassed the 50% Fibonacci retracement level derived from the recent swing high at $3,956 to the $3,680 trough. This development, coupled with the breach of the $3,870 resistance trend line, strengthens the case for continued upward trajectory.
The cryptocurrency currently maintains position above both the $3,780 level and the 100-hourly SMA. Immediate resistance appears near $3,890, coinciding with the 76.4% Fib retracement level of the previous downward move.
Primary resistance emerges near the $3,950 threshold, with more substantial barriers forming around $3,980. Successful penetration of these levels could potentially open the path toward testing the psychologically significant $4,000 mark. Such a breakout might catalyze additional buying pressure, possibly driving ETH toward the $4,050-$4,120 range in subsequent trading periods.
Potential Retracement Scenarios
Should Ethereum encounter rejection at the $3,890 resistance zone, traders might anticipate a corrective phase. Initial downside support appears near $3,820, followed by more substantial buying interest around $3,775.
A decisive break below the $3,775 support could trigger further downside momentum, potentially testing the $3,720 level. Extended weakness might see ETH retreat toward the $3,650 support area, with additional protection near $3,620.
Technical Indicators
Hourly MACD – The Moving Average Convergence Divergence indicator shows strengthening bullish momentum for ETH/USD.
Hourly RSI – The Relative Strength Index currently resides above the neutral 50 level, supporting the bullish case.
Key Support Level – $3,775
Critical Resistance Level – $3,890
