Ethereum Is Steadily Rising to the $4,600 Mark

Ethereum (ETH) Current Statistics

The current price: $4,565.30
Market Capitalization: $31,440,136,722.6
Trading Volume: $32,286,501,700.74
Major supply zones: $4,500, $4,500, $5,000
Major demand zones: $3,500, $3,000, $2,500

Ethereum (ETH) Price Analysis October 6, 2025

The price of Ethereum rises above the moving average lines as it reaches the $4,600 mark.The biggest altcoin soared to a high of $4,596 before pausing. Sellers halted the positive momentum at $4,600. If buyers can break above the current resistance level, Ether will rise to a high of $4,957. The crypto price is consolidating above the 50-day SMA support, with altcoins facing rejection near their recent high.

On the downside, if the bears violate the 50-day SMA support, Ether will fall to the psychological price level of $4,000. Meanwhile, Ether is trading in a narrow range above the moving average lines but below its high of $4,600. Ether is currently valued $4,536 as of writing.

ETH Technical Indicators Reading

The Ether price bars have rebounded above the moving average lines, indicating that the cryptocurrency will continue to rise. The 50-day SMA is above the horizontal 21-day SMA support. Doji candlesticks have developed as traders remain unsure of the market’s direction.

Conclusion

Ether trades above the moving average lines but below the $4,600 mark. The largest altcoin will try to rise as it trades in the bullish trend zone. Today, the cryptocurrency price is steadily increasing toward its initial barrier of $4,600. If the $4,600 initial barrier is broken, Ether’s upward trend will restart. Ether is expected to reach $4,800, the next barrier.

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