Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum Falls Below 4-Hour SMA: Impact Analysis
ETHEREUM NEWS

Ethereum Falls Below 4-Hour SMA: Impact Analysis

By Crypto FlexsJune 9, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Falls Below 4-Hour SMA: Impact Analysis
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum (ETH), the second largest cryptocurrency by market capitalization, recently saw its price fall below its 4-hour simple moving average (SMA). The 4-hour SMA is often used to measure short-term market momentum, so this technical development is noteworthy for traders and investors.

If the price of a cryptocurrency falls below this moving average, it could be a sign that market sentiment is likely to change from bullish to bullish. bearish. This could mean selling pressure increases and the downtrend may continue. The implications of these price movements extend beyond technical analysis, as broader market conditions, investor behavior, and fundamentals will play a significant role in shaping Ethereum’s future trajectory.

In this article, we will look at the potential price action of ETH with the help of technical indicators.

Ethereum price conditions on 4-hour chart

First, we can see that the 4-hour ETH price has been trading sideways for a while and then fell below the 100-day SMA. It is important to note that when an asset falls below its SMA, in most cases this can mean: Short-term or long-term movement in that direction.

Additionally, the Relative Strength Index (RSI) indicator confirms that Ethereum may move in a downward direction for some time, as the RSI line may cross below 50% and show a bearish trend for some time.

Looking at the daily chart, we can see that Ethereum is attempting to rise towards its 100-day SMA after dropping a bearish candle the previous day. At this point, one could suggest that ETH moves lower to test the 100-day SMA before rising again.

Ethereum

Lastly, the RSI indicator’s RSI line is currently falling towards 50% of overbought territory, which indicates that ETH still has room to fall.

ETH price outlook

Ethereum is currently attempting a downward move towards its daily SMA, if it falls below it will continue its downward move towards the $2,865 support level. Additionally, a drop below the aforementioned level could lead to a further drop to test the $2,147 support level.

However, if ETH price touches the SMA and then bounces, it will head higher towards the $4,099 resistance level. Additionally, if it falls below this resistance line, it will continue to rise and test the $4,863 level. ETH A rise above the $4,863 level could lead to a new high.

At the time of writing, ETH was trading at around $3,694, up 0.41% with a market capitalization of over $443 billion and 24-hour trading volume of over $18 billion. The previous day’s market capitalization decreased by 2.97%, while trading volume increased by 39.28%.

Ethereum
ETH trading at $3,685 on 1D chart | Source: ETHUST on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Ethereum Future is an execution of stablecoins and tokenized assets -then you need to know:

October 2, 2025

Ether Lee’s fusaka upgrade promises 60 million gas limit boosts.

September 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Free bitcoin.in app withdrawal request My satoshi

October 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025
Most Popular

LiFi Protocol Loses Over $8 Million in Cyber ​​Attack

July 17, 2024

Bitcoin Price Prediction: The learning cryptocurrency is heading towards $1 million as Arthur Hayes sees a possible bull market in the $1.4 trillion US liquidity boost.

April 27, 2024

Ether Leeum World Fair Announcement

September 24, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.