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🚀 Ethereum Gears Up for a Comeback — Is the Next Big Rally

Monnie Brunt OkvK

Updated at: 20 hours ago

{"content":"🚀 Ethereum Gears Up for a Comeback — Is the Next Big Rally Just Ahead? 🔥 Ethereum battled above $3,940. ETH is consolidating gains and may shortly reach $4,000. Ethereum rose again over $3,840 and $3,880. The price is over $3,800 and the 100-hour SMA. The hourly ETH/USD chart shows a negative trend line with resistance at $3,840. If supported over $3,725, the pair may rise again. Ethereum Price Supports Ethereum struggled to break $3,940, like Bitcoin. From $3,939 high, ETH fell below $3,900. The price fell below $3,820 support and the 23.6% Fib retracement line of the rise from $3,515 swing low to $3,939 high. The hourly ETH/USD chart shows a negative trend line with resistance at $3,840. However, price remains stable above $3,720 support and the 50% Fib retracement line of the upward advance from $3,515 swing low to $3,939 high. Ethereum is over $3,800 and the 100-hour SMA. Price may find resistance at $3,840 on the upside. Near $3,880 is the next resistance. At $3,940, serious resistance begins. A clean break over $3,940 might push the price above $3,965. Above $3,965 barrier might lead to greater advances in the following sessions. Ether may soar to $4,000 or $4,120 soon. Another ETH Drop? Ethereum may fall if it fails to break $3,840. Around $3,720 is first downside support. Near $3,680 is the first big support. A decisive break below $3,680 might bring the price toward $3,650. If losses continue, the price may reach $3,550 support. Next important support is $3,420. Tech Indicators Hourly MACD - ETH/USD MACD is losing bullish momentum. Hourly RSI: ETH/USD is below 50. Major Support: $3,720 Major Resistance: $3,840 #ETH #EthereumTurns10 #ETHCorporateReserves #ETHReclaims3800 $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/30/bb6ffe01aa634898b2fbfc45da2267d9.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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