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Sohrab Khawas
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- Aug 20, 2025 08:11 UTC
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Ethereum Holds Strong at $4,200 — Traders Eye Make or Break Movement For ETH
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ETH $ 4,279.28 (-1.94%) 
Ethereum defends $4,200 support, sparking trader optimism for potential continuation toward $4,950.
Veteran trader Matthew Dixon highlights $4,150–$4,200 as Ethereum’s most critical near-term zone.
On flip side, losing $4,150 support could expose Ethereum to deeper correction, testing $3,850–$3,500 ranges.
Ethereum (ETH) is once again the center of attention in the crypto markets as it hovers around the $4,200 mark. Veteran trader Matthew Dixon has outlined possible scenarios for ETH’s next move. Backed by a detailed price chart, his post has sparked new discussions among traders who are trying to decode what comes next.
The Key Level: $4,200 Support
Unlike the usual hype-driven analysis often seen in crypto circles, Dixon’s approach carries the weight of years of financial trading experience. Dixon’s says that all eyes are on the $4,200–$4,150 zone. As long as this support holds, traders remain optimistic that Ethereum could extend its rally.
A defense of this range could fuel another retest of $4,580, and if buyers push through, the next leg higher could stretch toward $4,860–$4,950.
This move would align with the broader uptrend that began when ETH bounced from the $3,000 level earlier this year.
Room For ETH To Consolidate
If ETH doesn’t break higher immediately, a period of sideways action is also possible. Dixon pointed out that Ethereum may “chop” between $4,150 and $4,580, allowing the market to consolidate before making its next big move.
The Relative Strength Index (RSI), which measures momentum, is currently at 55, signaling neutral, neither overbought nor a clear trend signal.
The Risk Scenario
On the flip side, Dixon sees a loss of $4,150 could trigger a sharper drop. In that case, sellers may push ETH down toward the $3,850–$3,800 area.
A deeper dip could even test the $3,500 zone, which lines up with the 61.8% Fibonacci retracement level, a common area where buyers often step back in.
As of now, the ETH price is trading around $4205, reflecting a drop of 2.6% in the last 24 hours, with a market cap hitting $507 billion.
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FAQs
As per our Ethereum price forecast 2025, the ETH price could reach a maximum of $5,925.
According to our Ethereum Price Prediction 2030, the ETH coin price could reach a maximum of $15,575 by 2030.
As per our Ethereum price prediction 2040, Ethereum could reach a maximum price of $123,678.
By 2050, a single Ethereum price could go as high as $255,282.
Yes 
No 
