Ethereum tried to “ghost” the $4,050 resistance zone but got caught red-handed… again. Now it’s slinking back below $4,000 like a crypto ex who forgot their wallet. 🤷♀️
- Ethereum’s “recovery” started at $3,880, which is basically the crypto equivalent of showing up to a date in sweatpants. 🛌
- Currently trading below $3,950 and the 100-hourly SMA-because why not make Fibonacci feel lonely? 🤝
- Broke below a bullish trend line at $3,960 on Kraken. Congrats, ETH. You’re now the main character in a tragic drama nobody wants to watch. 🎬
- If it drops below $3,840, prepare for a sequel. Bonus points if it brings a sassy narrator. 🎶
Ethereum tried to “get cute” above $3,800, like a desperate Tinder profile. It hit $3,880, $3,980, and even flirted with the 50% Fib retracement. But the bears? Total players. They shut it down at $4,080 like a parent confiscating a glow stick. 👩🏫
ETH’s latest move? A face-palm-worthy drop below $4,000. The trend line? Broken. The 100-hourly SMA? Ignored. Now it’s stuck in the “meh” zone between $3,960 and $3,980. If this were a reality show, they’d cut to a commercial already. 📺
If ETH ever cracks $4,080, it’ll probably just ask for a glass of water and a standing ovation. But let’s be real-it’s more likely to trip over its own feet and crash into $3,840. 🚪
Downside Break In ETH?
If Ethereum can’t charm $3,980, it’ll start a freefall to $3,840. First stop: $3,860. Then $3,840. Then $3,820. This is like watching a magician fail to pull a rabbit out of a hat… but the hat’s on fire. 🔥
If it breaks $3,840, get ready for a spiral into $3,680 and $3,620. The technical indicators? Also sad. MACD is in the bearish zone with the energy of a deflated balloon. RSI is below 50-because why not throw shade at the entire market? 🧨
Hourly MACD – The MACD is giving off “sad trombone” energy in the bearish zone. 🎺
Hourly RSI – Now below 50. It’s like the RSI just got a C- on a pop quiz and is crying in the corner. 😭
Major Support Level – $3,840. Because nothing says “hope” like a number with four digits.
Major Resistance Level – $4,050. ETH’s ex. Don’t talk to it. 💬
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2025-10-21 07:37