{"id":6423,"date":"2025-08-15T05:00:27","date_gmt":"2025-08-15T05:00:27","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-corrects-lower-could-it-trigger-another-buying-spree\/"},"modified":"2025-08-15T05:00:27","modified_gmt":"2025-08-15T05:00:27","slug":"ethereum-price-corrects-lower-could-it-trigger-another-buying-spree","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-corrects-lower-could-it-trigger-another-buying-spree\/","title":{"rendered":"Ethereum Price Corrects Lower, Could It Trigger Another Buying Spree?"},"content":{"rendered":"<p><em>Ethereum price started a downside correction from the $4,780 zone. ETH is again rising from $4,480 and might attempt a steady increase.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh increase above the $4,520 and $4,550 levels.<\/li>\n<li>The price is trading above $4,550 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a bullish trend line forming with support at $4,500 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move up if it remains supported above the $4,500 zone in the near term.<\/li>\n<\/ul>\n<h2>Ethereum Price Dips Remains Attractive<\/h2>\n<p>Ethereum price started a fresh increase above the $4,600 support zone, beating Bitcoin. ETH price was able to climb above the $4,650 and $4,700 resistance levels.<\/p>\n<p>The bulls even pushed the price above the $4,720 resistance zone. Finally, the price tested the $4,780 resistance zone. A high was formed at $4,782 and the price recently corrected gains below the 23.6% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 high.<\/p>\n<p>However, the bulls were active near the $4,480 support. They protected the 50% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 high. The price is again rising and showing positive signs.<\/p>\n<p>Ethereum price is now trading above $4,550 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $4,500 on the hourly chart of ETH\/USD. On the upside, the price could face resistance near the $4,640 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-805124\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/Ethereum_e8f87a.png?resize=1024%2C493\" alt=\"Ethereum Price\" width=\"1024\" height=\"493\" \/><\/p>\n<p>The next key resistance is near the $4,680 level. The first major resistance is near the $4,720 level. A clear move above the $4,720 resistance might send the price toward the $4,780 resistance. An upside break above the $4,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,880 resistance zone or even $5,000 in the near term.<\/p>\n<h2>Another Pullback In ETH?<\/h2>\n<p>If Ethereum fails to clear the $4,700 resistance, it could start a downside correction. Initial support on the downside is near the $4,550 level. The first major support sits near the $4,500 zone.<\/p>\n<p>A clear move below the $4,500 support might push the price toward the $4,400 support. Any more losses might send the price toward the $4,315 support level in the near term. The next key support sits at $4,250.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $4,500<\/p>\n<p>Major Resistance Level \u2013 $4,700<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a downside correction from the $4,780 zone. ETH is again rising from $4,480 and might attempt a steady increase. Ethereum started a fresh increase above the $4,520 and $4,550 levels. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6424,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-6423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=6423"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/6424"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}