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Ethereum (ETH) Price Analysis for October 22

Wed, 22/10/2025 - 14:53
Can the price of Ethereum (ETH) get back above $4,000 by the end of the week?
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Ethereum (ETH) Price Analysis for October 22
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The market is mainly bearish in the middle of the week, according to CoinMarketCap.

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Top coins by CoinMarketCap

ETH/USD

The rate of Ethereum (ETH) has declined by 0.12% over the last 24 hours.

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Image by TradingView

On the hourly chart, the price of ETH is near the local resistance of $3,889. If the daily bar closes near that mark, there is a chance of seeing a level breakout, followed by further growth to the $4,000 area.

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Image by TradingView

On the longer time frame, the situation is less bullish. The rate of the main altcoin is close to the support level. 

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If a bounce back does not happen, traders should expect a test of the $3,400-$3,600 zone soon.

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Image by TradingView

From the midterm point of view, there are no reversal signals yet. In this case, one should focus on the nearest zone of $4,000. Until the price is below that mark, the ongoing decline remains the most likely scenario.

Ethereum is trading at $3,836 at press time.

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