Ethereum prices have resumed the downtrend, falling below 21 days of SMA support.
Cryptocurrency is between the moving average lines. It is below the 21-day SMA barrier, but exceeds the 50-day SMA.
Ethereum Price Long-Term Analysis: Bearish
The largest altcoin is bearish after reaching a maximum of $4,955.90. The bearish momentum is expected to continue beyond 50 days of SMA support. If 50 days of SMA support is retained, the ether is forced to trade within a narrow range between the moving average lines.
However, if you push a price beyond the 21-day SMA barrier, Ethereum (ETH) will resume uptrends. It rises and returns to its previous high. If the bear violates 50 days of SMA support, the ether will drop to a $3,800 low. In the meantime, ether will continue to trade between moving average lines.
ETH Price Indicator Analysis
Currently, the ether is worth $4,324.90. The largest Altcoin is expected to move within range as it trades below the 21-day SMA barrier but above the 50-day SMA support. The moving average line is upwards, indicating past meetings.
On the 4-hour chart, the price range is below the horizontal moving average line, indicating the sideways of cryptocurrency movement.
Technical indicators:
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Key Resistance Levels – $4,500 and $5,000 -
Key Support Levels – $3.000 and $2,500
ETH/USD Price Daily Chart – September 2, 2025
What’s next in Ethereum?
Ether is currently sideways and bearish. Ether has been bearish and has continued to move sideways since the upward trend stopped at a high of $4,955.90. Altcoin is currently below the $4,000-$4,900 barrier. Ether continues to decline as we approach a critical support level of $4,000.
ETH/USD price 4-hour chart – September 2, 2025
Disclaimer. This analysis and prediction is the author’s personal opinion. The data provided is collected by the authors and is not sponsored by the company or token developers. This is not a recommendation for buying and selling cryptocurrency and should not be considered an approval by Coinidol.com. Readers should do research before investing in funds.
