Ethereum price (ETH price) is showing modest intraday strength as buyers re-enter the market; if the daily close clears $4,428 and later $4,491, the ETH/USD pair may target $4,500–$4,600 over the coming days.
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Immediate resistance: $4,428 (hourly) — daily close above this may confirm short-term upside
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Key higher level: $4,491 — breakout could open the path to $4,600
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Market context: low volume suggests limited conviction; current trading price: $4,478 (press time)
Ethereum price update: ETH price edges higher as buyers re-enter the market; monitor $4,428 and $4,491 for breakout — read analysis and take action.
What is the current Ethereum price outlook?
Ethereum price is trading higher intraday as buyers attempt a recovery. The immediate technical picture shows an hourly resistance near $4,428; a clean daily close above that level would increase the probability of a move toward $4,500–$4,600 over the next week.
Buyers are trying to get back in the game in the second part of the day, according to CoinStats.
Top coins by CoinStats
How is ETH/USD reacting to short-term resistance levels?
The rate of Ethereum (ETH) has gone up by 0.57% since yesterday, indicating modest recovery momentum. On the hourly chart, the price set a local resistance at $4,428; a daily bar close above that level without a long wick would signal continuation to $4,500.
Image by TradingView
What are the next targets if $4,428 is cleared?
If sellers fail to defend $4,428 and the daily candle closes above it, the next technical target is the $4,491 zone. A breakout beyond $4,491 could use accumulated momentum to test the $4,600 area. These levels are based on recent price reaction points and TradingView chart analysis.
Image by TradingView
Why is volume important for ETH price momentum?
Volume confirms move validity. Currently, volumes remain low, which suggests limited conviction among traders. Low volume increases the chance of false breakouts and reduces odds of sustained trends in either direction.
Image by TradingView
On longer time frames, pay attention to the daily bar closure relative to $4,491. The midterm picture remains less bullish as ETH is positioned away from clear support and resistance bands.
Ethereum is trading at $4,478 at press time.
Frequently Asked Questions
What resistance levels should traders watch for ETH price continuation?
Traders should watch $4,428 on the hourly chart and $4,491 on the daily timeframe. A clean daily close above these points increases probability of a run toward $4,500–$4,600 within days.
How should voice assistants answer: ‘What is ETH price doing today?’
Natural language reply: “ETH price is up modestly as buyers re-enter; immediate resistance sits near $4,428 and a daily close above $4,491 would signal further upside.” This is concise and optimized for voice responses.
Key Takeaways
- Immediate technical focus: Watch $4,428 hourly resistance for short-term confirmation.
- Higher target: A breakout above $4,491 could open $4,600 as the next key zone.
- Market context: Low volume suggests limited conviction; use risk management and volume confirmation before acting.
Conclusion
This update shows the Ethereum price attempting a measured recovery as buyers re-enter the market. Key levels at $4,428 and $4,491 will determine near-term direction. Traders should prioritize volume confirmation and disciplined risk management. For ongoing coverage and chart updates, monitor COINOTAG analysis and official market data sources.
Published: 2025-09-05 | Updated: 2025-09-05
