Ethereum Falls to $4,600 Amid Volatility as Analysts Suggest Possible Long-Term Target Near $15,650

  • ETH fell to $4,603 on high-volume rejection; daily volume rose 121% to $62B.

  • Historical fractal and 3.618 Fibonacci extension suggest a long-term target of $15,650.

  • Indicators: RSI at 59.78 (neutral) and MACD gap 1.37, signaling fading bullish momentum.

Ethereum price update: ETH price drops to $4,603 amid high volume; read analysis, targets, and key indicators — track developments on COINOTAG now.




Ethereum drops to $4,600 amid volatility while analysts cite historical patterns for a long-term price target of $15,650.

  • Ethereum slipped to $4,603 after facing resistance at $4,775 with a 121% spike in trading volume.
  • A historical fractal suggests ETH could rally to $15,650, aligning with the 3.618 Fibonacci extension level.
  • Technical indicators show neutral momentum with RSI at 59.78 and a narrow MACD gap of 1.37 points.

Ethereum fell to $4,603 after facing resistance near $4,775 over the weekend. This marked a 3.72% pullback in the past 24 hours. The correction followed intense trading activity, with daily volume surging 121% to $62 billion. The high-volume rejection indicates strong profit-taking pressure shortly after Ethereum reached a new all-time high.

What is the current Ethereum price outlook?

The Ethereum price outlook is mixed short term and bullish long term: immediate momentum is neutral with downside risk to $4,400, while historical fractals and Fibonacci extensions point to targets as high as $15,650 over an extended cycle.

How does the historical fractal support a $15,650 target?

Analyst observations reference a 2021 fractal where ETH rallied roughly 211% after breaking its prior ATH and peaked near the 3.618 Fibonacci extension. If a similar pattern unfolds, the 3.618 extension aligns with a $15,650 level. This projection assumes cycle repetition and broad market participation.

Why are conservative targets nearer $7,500?

Conservative technical scenarios use the 1.618 Fibonacci extension, which places ETH around $7,500. That level often represents a strong intermediate target for momentum-driven advances and can act as confirmation before higher extensions become realistic.

#Ethereum is going to $15,650 ?
Last cycle when ETH broke above its previous ATH it went up by +211% and peaked at 3.618 fib extension level.
ETH has finally broken above its ATH again for the first time in this cycle and 3.618 fib extension level is sitting at $15,650.
Even… pic.twitter.com/F7TBijmyqw

— Mags (@thescalpingpro) August 25, 2025

Recent market indicators suggest Ethereum may be entering a phase of consolidation. The Relative Strength Index (RSI) dropped to 59.78 from highs above 70 earlier in the week. This shift brings the RSI back into neutral territory and indicates that bullish momentum is cooling. A further drop below the 50 mark could signal increasing bearish pressure.

The Moving Average Convergence Divergence (MACD) shows a narrow gap between the MACD line at 252.30 and the signal line at 250.93. The close range of 1.37 points reflects fading bullish energy. A bearish crossover may lead Ethereum to test support around $4,400. However, any renewed buying interest could push prices back toward the $4,900 resistance.

When could ETH test the $4,400 support?

Short-term price action and a MACD bearish crossover would likely precipitate a test of $4,400. Watch daily closes and volume: failing to hold $4,600 on rising sell volume increases the probability of a $4,400 retest within days to weeks.

Frequently Asked Questions

What is the most likely short-term range for ETH?

Short-term range: $4,400 support to $4,900 resistance, driven by momentum indicators and volume. A decisive break either way will set the next directional bias.

How reliable is the 3.618 Fibonacci extension for long-term targets?

The 3.618 Fibonacci extension is a historical technical marker that has aligned with prior cycle peaks for Ethereum, but it should be considered alongside macro liquidity, on-chain metrics, and risk factors.

Can technicals alone justify a $15,650 target?

Technicals provide a conditional path; they do not guarantee outcomes. The $15,650 target is scenario-based and requires sustained bullish participation and macro resilience.

Key Takeaways

  • High-volume rejection: Daily volume rose 121% to $62B, signaling profit-taking.
  • Neutral momentum: RSI at 59.78 and MACD gap 1.37 indicate cooling bullish energy.
  • Targets: Conservative 1.618 Fib near $7,500; extended 3.618 Fib scenario near $15,650.

Conclusion

Ethereum’s short-term picture is neutral after a high-volume rejection at $4,775, with immediate risk around $4,400. Longer-term technical patterns and Fibonacci extensions present bullish scenarios up to $15,650, but these outcomes require confirmation through on-chain strength and macro stability. Follow updates and data-driven coverage from COINOTAG for ongoing analysis.


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