Ethereum Price Approaches Support at $4,133, Potential Test of $4,100 Ahead

• ETH/USD shows 2.18% daily gain, approaching $4,133 support on hourly charts.

• Longer-term view indicates bearish pressure with low volume signaling sideways movement.

• Midterm trading likely between $4,100 and $4,400, with current price at $4,132 as per TradingView analysis.

Ethereum price analysis reveals a 2.18% uptick today, yet risks testing $4,100 support. Stay informed on ETH trends and explore investment strategies for 2025 market growth.

What is the Current Ethereum Price and Market Trend?

Ethereum price stands at $4,132, marking a 2.18% increase since yesterday amid broader market growth on the first day of the week, as reported by CoinStats. This upward movement reflects renewed investor interest in the leading altcoin, though technical indicators suggest caution due to proximity to key support levels. On hourly charts, ETH approaches $4,133, with potential for further declines if support breaks.

The market keeps growing on the first day of the week, according to CoinStats.

ETH chart by CoinStats

ETH/USD

The price of Ethereum (ETH) has increased by 2.18% since yesterday.

Image by TradingView

On the hourly chart, the rate of ETH is on its way to the local support of $4,133. If its breakout occurs, the fall may continue to test the $4,100 range.

Image by TradingView

On the longer time frame, the price of the main altcoin is looking bearish as the candle is about to close far from its peak. 

If buyers cannot seize the initiative, one can expect a test of the $4,050-$4,100 area soon.

Image by TradingView

From the midterm point of view, the rate of ETH is far from the key levels. The volume is low, which means none of the sides is ready for a sharp move. In this case, sideways trading in the zone of $4,100-$4,400 is the most likely scenario.

Ethereum is trading at $4,132 at press time.

How Does Ethereum’s Technical Analysis Indicate Future Movements?

Ethereum’s technical analysis, drawing from data on TradingView, highlights a bearish tilt on longer time frames where the price candle nears closure well below its recent high, signaling waning bullish momentum. Supporting this, trading volume remains subdued, reducing the likelihood of immediate volatility; experts from financial analytics platforms note that such patterns often precede consolidation phases lasting several days to weeks. In the midterm, ETH’s distance from pivotal resistance at $4,400 suggests a balanced range-bound scenario, allowing traders to prepare for potential entries near $4,100 support with stop-losses to mitigate downside risks to $4,050.

Beyond immediate charts, Ethereum’s network fundamentals bolster its resilience. As the backbone for decentralized applications and smart contracts, ETH continues to see adoption in DeFi and NFTs, with on-chain metrics from sources like Glassnode showing steady active addresses despite price fluctuations. This underlying strength, combined with Ethereum’s shift to proof-of-stake via The Merge upgrade, positions it favorably against competitors, though macroeconomic factors such as interest rate decisions could influence broader crypto sentiment.

Market observers emphasize the importance of monitoring key indicators like the Relative Strength Index (RSI), which currently hovers near neutral territory on daily charts, avoiding overbought conditions that plagued earlier 2024 rallies. If ETH holds above $4,100, a rebound toward $4,300 becomes plausible, supported by historical data where similar support tests led to 5-10% recoveries in under 48 hours.

Frequently Asked Questions

What Factors Are Driving the Recent Ethereum Price Increase of 2.18%?

The 2.18% rise in Ethereum price stems from overall market growth reported by CoinStats, fueled by positive sentiment in altcoins and institutional interest in layer-2 scaling solutions. Key drivers include increased staking rewards post-proof-of-stake implementation and growing Ethereum ETF inflows, which have added liquidity without direct speculation, maintaining a stable uptrend as of early 2025.

Will Ethereum Price Drop Below $4,100 in the Coming Days?

Based on current TradingView charts, Ethereum could test $4,100 if hourly support at $4,133 breaks, though low volume suggests limited downside conviction. Voice search users should note that sideways trading between $4,100 and $4,400 is more probable in the midterm, offering opportunities for range-bound strategies rather than sharp declines.

Key Takeaways

• Daily Gain Holds Steady: Ethereum’s 2.18% increase to $4,132 reflects market-wide positivity, but proximity to $4,133 support warrants vigilance.
• Bearish Longer-Term Signals: Candles closing far from peaks on extended charts indicate potential tests of $4,050-$4,100, per TradingView patterns.
• Midterm Sideways Outlook: Low volume points to consolidation in $4,100-$4,400; investors should consider dollar-cost averaging for long-term holds.

Conclusion

In summary, Ethereum price analysis today underscores a 2.18% gain to $4,132, yet bearish elements on longer charts and low volume signal a likely midterm range of $4,100-$4,400, as observed in TradingView data and CoinStats reports. With Ethereum’s robust ecosystem driving sustained adoption, future upgrades promise enhanced scalability. Traders and investors are encouraged to monitor support levels closely and diversify portfolios to navigate 2025’s evolving crypto landscape effectively.