What is Expected for the Ethereum (ETH) Price? Analysis Company Warned Not to Fall Below This Level
In its latest technical assessment for Ethereum (ETH), cryptocurrency analysis company MakroVision stated that the price is still moving within the falling trend channel and the consolidation process continues in the short term.
According to the report, ETH is currently trading just above the 0.382 Fibonacci retracement zone at around $3,596. The company argued that maintaining this level is critical for near-term stability.
MakroVision stated that a stable outlook can be maintained as long as the $3,596 support level remains above. However, a break above this level could bring the next significant support level at $3,174 (0.5 Fibonacci level) into focus. It is anticipated that buyer interest in this area could increase again.
According to the analysis, Ethereum could regain strong bullish momentum if $4,290 and the upper boundary of the falling channel are broken. This scenario is considered a key signal for a trend reversal in the medium-term.
MakroVision noted that Ethereum is currently in consolidation mode, with the near-term support at $3,730 looking strong. However, they warned that a dip below this level could deepen the correction.
ETH price is trading at $3,882 at the time of writing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Institutions Move $750 Million into Solana ETFs While Bitcoin and Ethereum ETFs Experience Withdrawals
- Solana ETFs (e.g., Bitwise BSOL) attracted $199.2M inflows in late October 2025, contrasting Bitcoin and Ethereum ETFs' $750M combined outflows. - BlackRock's IBIT offloaded $297.9M BTC while Ethereum ETFs lost $121.9M ETH, driven by institutional capital reallocation. - Analysts attribute Solana's growth to 7% staking yields, new products, and Hong Kong's first approved Solana ETF, signaling institutional adoption. - Bitcoin's $470.7M single-day outflow highlights macroeconomic sensitivity, despite $931
Balancer’s $70 Million Hack Underscores Automation Vulnerabilities in DeFi
- DeFi protocol Balancer lost $70M in exploit, third major hack in five years, exposing AMM security flaws. - Binance partnered with Trump-linked WLFI, boosting stablecoin market cap from $127M to $2.1B post-listing. - Spirit AeroSystems reported $724M Q3 loss, 3D Systems forecasts 17.6% revenue drop amid supply chain issues. - Tether revealed $10B 2025 Q1-3 profits, surpassing Bank of America's $8.9B net income during same period.
Bitcoin News Update: Bitcoin’s Six-Year Bull Run Ends Abruptly in ‘Red October’ Amid Geopolitical Tensions and Increased Leverage-Induced Sell-Off
- Bitcoin fell below $109,000 in Nov 2025, ending a six-year "Uptober" streak due to geopolitical tensions and leveraged trading collapses. - Trump's tariff threats and derivatives liquidations triggered a $1.1T market value loss, with analysts attributing the crash to crowded leveraged bets. - Whale activity and shifting institutional demand highlight evolving market dynamics, as long-term holders exit and new investors face negative unrealized profits. - Despite infrastructure growth and ETF demand, reco
Bitcoin News Update: France’s Cryptocurrency Tax Raises Concerns Over Capital Outflow as Opponents Argue Investors Are Being Punished
- France's National Assembly passed a 1% tax on "unproductive wealth" over €2M, including crypto, to boost productive investments. - The law reclassifies crypto, gold, and art as non-productive assets, raising the wealth threshold from €1.3M to €2M. - Critics warn it penalizes savers seeking stability in Bitcoin, risking forced asset sales and capital flight to EU crypto-friendly zones. - The amendment now awaits Senate approval for 2026 implementation, reflecting France's shift to integrate crypto into tr
Trending news
MoreCrypto prices
More
