Key resistance under watch as ETH regains bullish strength
Ethereum (ETH) is once again testing the $4,400 resistance zone, a crucial level that has acted as both support and rejection in past sessions. The renewed push higher comes after ETH defended the $4,000 support range, where buyers stepped in to halt September’s corrective phase.
The chart highlights a sharp rebound from $3,800–$4,000 demand zones, with Ethereum climbing steadily toward the $4,350–$4,400 region. This area is marked by heavy historical trading activity, making it an essential inflection point for the market.
“Ethereum’s ability to reclaim $4,400 would be a strong technical signal, potentially opening the way toward $4,600 and even a retest of the weak high near $4,900,” one of BITX market strategist noted. “But if rejection happens here again, traders should prepare for renewed consolidation.”
Technical to watch
- Immediate resistance: $4,400
- Next resistance: $4,600–$4,900 (weak high zone)
- Support levels: $4,200 and $4,000
The $4,200 level, now turned into short-term support, will be key in determining whether ETH sustains momentum. A strong close above $4,400 on higher volume could attract fresh bullish flows. Conversely, failure to hold this breakout attempt may see ETH slipping back into the $4,200–$4,000 range.
Momentum indicators show Ethereum building strength after weeks of sideways action. Trading volume has picked up compared to earlier in September, adding weight to the current upward move.
Experts remain cautiously optimistic. “Ethereum has been lagging behind Bitcoin’s recent rally, but the structure suggests a breakout is building,” According to BITX analysts. “A confirmed move above $4,400 could shift sentiment and set the stage for ETH to challenge its yearly highs.”
For now, all eyes remain on the $4,400 resistance level. Whether Ethereum breaks through or stalls again will likely shape the next major directional move for the second-largest cryptocurrency.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.