This situation is significant as it indicates Ethereum's potential to regain momentum in the market. Investors are closely watching these resistance levels to gauge future price movements.

Ethereum price started a fresh recovery wave above the $4,350 zone. ETH is now facing hurdles near $4,500 and might struggle to continue higher. Ethereum is still struggling to recover above the $4,500 zone. The price is trading above $4,400 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $4,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,500 level in the near term. Ethereum Price Recovers Further Ethereum price started a recovery wave after it formed a base above the $4,200 zone, like Bitcoin. ETH price was able to climb above the $4,265 and $4,320 resistance levels. The bulls were able to clear the 50% Fib retracement level of the key drop from the $4,660 swing high to the $4,209 low. Besides, there was a break above a key bearish trend line with resistance at $4,385 on the hourly chart of ETH/USD. Ethereum price is now trading above $4,420 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,500 level or the 61.8% Fib retracement level of the key drop from the $4,660 swing high to the $4,209 low. The next key resistance is near the $4,520 level. The first major resistance is near the $4,555 level. A clear move above the $4,555 resistance might send the price toward the $4,620 resistance. An upside break above the $4,620 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,660 resistance zone or even $4,720 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,500 resistance, it could start a fresh decline. Initial support on the downside is near the $4,400 level. The first major support sits near the $4,360 zone. A clear move below the $4,360 support might push the price toward the $4,315 support. Any more losses might send the price toward the $4,260 support level in the near term. The next key support sits at $4,220. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,360 Major Resistance Level – $4,500

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تحاول إيثريوم التعافي فوق 4,350 دولارًا لكنها تواجه مقاومة بالقرب من 4,500 دولار. السعر حاليًا فوق 4,400 دولار وقد كسر خط اتجاه هابط رئيسي. قد يؤدي الإغلاق فوق 4,500 دولار إلى مزيد من المكاسب.

Esta situación es significativa ya que indica el potencial de Ethereum para recuperar impulso en el mercado. Los inversores están observando de cerca estos niveles de resistencia para evaluar futuros movimientos de precios.

Ethereum está intentando recuperarse por encima de $4,350, pero enfrenta resistencia cerca de $4,500. El precio actualmente está por encima de $4,400 y ha roto una línea de tendencia bajista clave. Un cierre por encima de $4,500 podría llevar a más ganancias.

Cette situation est importante car elle indique le potentiel d'Ethereum à retrouver de l'élan sur le marché. Les investisseurs surveillent de près ces niveaux de résistance pour évaluer les mouvements futurs des prix.

Ethereum tente de se redresser au-dessus de 4 350 $, mais fait face à une résistance près de 4 500 $. Le prix est actuellement supérieur à 4 400 $ et a franchi une ligne de tendance baissière clé. Une clôture au-dessus de 4 500 $ pourrait entraîner d'autres gains.

Ethereum is attempting to recover above $4,350 but faces resistance near $4,500. The price is currently above $4,400 and has broken a key bearish trend line. A close above $4,500 could lead to further gains.