ETH MACD Crossover Sparks Talk of 2021-Style Rally

TL;DR

• Ethereum repeats its 2020 breakout setup, fueling expectations of a possible main rally.
• Month-to-month MACD crossover and RSI close to 52 present ETH might have extra room to climb.
• ETH defends 50-day EMA at $4,164, sustaining robust assist throughout all key transferring averages.

Ethereum Reveals Month-to-month MACD Crossover

Ethereum (ETH) has printed a contemporary crossover on the month-to-month MACD indicator, which some market analysts see as a possible turning level. Crypto dealer Merlijn The Dealer referred to as the transfer a “monster ignition” and pointed to the completion of a multi-year consolidation part.

ETHEREUM IS CHARGING THE MONSTER MOVE

Contemporary MACD crossover.
3-year squeeze at apex.
Month-to-month candle screaming bullish.

Break $4,450 and $ETH doesn’t stroll… it rips.
Don’t name it hopium. Name it ignition. pic.twitter.com/kKgug4l34p

— Merlijn The Dealer (@MerlijnTrader) September 8, 2025

Remarkably, the MACD crossover on the month-to-month chart is taken into account uncommon, particularly following a three-year squeeze. The final time this occurred was earlier than the 2020–2021 rally, the place Ethereum moved sharply greater over a number of months. ETH is now buying and selling close to a key degree of $4,450, which marks the highest of its long-standing resistance vary.

Ethereum’s latest breakout and pullback seem much like its worth conduct through the 2020–2021 cycle. Again then, ETH broke out of an extended downtrend, retested its breakout degree, after which began a steep climb to new highs.

Charts shared by Merlijn The Dealer present that Ethereum has once more damaged above a downward trendline and returned to check former resistance close to $3,650–$4,000. The dealer famous, “2021 gave us the sample. 2025 provides us the prospect,” suggesting that the setup might result in a repeat of earlier worth conduct.

ETHEREUM IS REPEATING HISTORY

2021 confirmed us the sample.
2025 is exhibiting us the chance.

The retest is the place legends purchase.
The breakout is the place fortunes are made.$ETH isn’t achieved. It’s simply getting began. pic.twitter.com/81TVrNlp70

— Merlijn The Dealer (@MerlijnTrader) August 29, 2025

Whereas comparisons to previous cycles supply perspective, Ethereum would nonetheless want to verify power above $4,450 to open the door for additional upside.

ETH Holds Robust as Momentum Builds

ETH lately bounced from its 50-day exponential transferring common, which is now appearing as assist round $4,164. The power to remain above this degree exhibits that consumers are nonetheless lively and defending key zones.

Notably, the value can also be positioned above all different main EMAs (20, 50, 100, and 200), which supplies it a strong technical base. Holding these ranges usually displays development stability and supplies construction for future strikes.

In the meantime, the day by day Relative Power Index (RSI) sits at 52. This impartial zone exhibits that the market is balanced, with neither robust shopping for nor promoting strain. In earlier market cycles, related RSI ranges throughout uptrends allowed for gradual worth will increase with out the necessity for a deep correction.

As of press time, Ethereum was priced at round $4,360. It has gained 1% within the final 24 hours, whereas exhibiting a slight weekly decline. Buying and selling quantity over the previous day is $30.36 billion.