The largest altcoin reached a high of $4,560 before pausing. Ethereum price analysis by Coinidol.com.
Ethereum price long-term analysis: bullish
Ethereum price has risen after breaking and closing above the moving average lines. The upward trend is facing an initial obstacle at the $4,600 resistance level. Over the past 24 hours, bullish momentum has stalled below the $4,600 high. If buyers break above this barrier, Ether could rise to $4,804. The bullish momentum may then continue to $4,958.
Today, Ether is retracing after breaking the initial barrier at $4,600. Meanwhile, ETH is expected to fluctuate above the moving average lines but below the $4,600 high until the trend is confirmed. Ether is currently at $4,476.
Technical Indicators:
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Key Resistance Levels – $4,500 and $5,000 -
Key Support Levels – $3.000 and $2,500
Ethereum indicator analysis
The moving average lines are horizontal as Ether maintains its sideways trend between the $3,800 support and the $4,800 high. The price bars are above the moving average lines, indicating potential gains for the cryptocurrency. On the 4-hour chart, the previously downward-sloping moving average lines have turned upward. The 21-day SMA has crossed above the 50-day SMA, signalling an uptrend.
ETH/USD daily chart – October 3, 2025
What is the next direction for Ethereum?
Ether has resumed a positive trend after breaking above the moving average lines.
However, the bullish trend was short-lived, encountering resistance at $4,600. The altcoin is now retracing towards the moving average lines. The bullish trend will resume if it retraces and remains above the moving average lines. The current trend will cease if the price falls below the moving average lines.
ETH/USD 4-hour chart – October 3, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.