Ethereum (ETH) price forecast for September 18th

Today’s Ethereum Price is trading nearly $4,513, and is stable after a sharp pullback from last week’s peak of $4,850. Buyers defend support at $4,490, while sellers continue to make profits near the $4,665 resistance cluster. The current key tension is whether the influx and bullish cycle patterns can move the ETH to new highs.

Ethereum Price defends key levels of support

The four-hour chart shows ETH holding ETH above the upward trend that led the rally since early August. Clustered between $4,500 and $4,510, 20 and 50 Emmas are now acting as immediate resistance. Strong closures above these levels will allow us to return to $4,665 and $4,850.

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Failing to $4,490 could expose your ETH to a deeper retracement zone at $4,465 and $4,358, with 200-EMA offering the next cushion: The RSI is located at 46 and signals neutral momentum after cooling from conditions that were over-acquired earlier this month.

On-chain data refers to the update of accumulation

Exchange data recorded a net inflow of $25.7 million on September 17th. This is one of the bigger daily moves this month. While the money coming in may suggest short-term sales pressure, analysts point out that much of this activity indicates a shift towards derivatives markets and structured products prior to critical resistance testing.

Overall exchange balances remained historically low, indicating that investors continue to remain independent of ETH. This supply drain has been a consistent bullish driver since mid-year, suggesting that the wider accumulation trend is intact.

Cycle patterns suggest a possible breakout

Market commentators have drawn similarities between the current ETH setup and the 2021 breakout. Analyst Crypto Rover highlighted that the structure of the 2025 Ethereum closely reflects the wedge-to-abdominal pattern seen four years ago, preceding the surge to record highs.

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This comparison promoted optimism that ETH may be preparing for another large breakout. The $4,600-$4,700 zone serves as a launchpad for the transition to $5,000. However, technical traders warn that confirmations should be required through a $4,665 clean break before momentum is re-appearing.

Macros and celebrity support burns emotions

In addition to the bullish narrative, Eric Trump commented that he believes Ethereum could reach $8,000, citing institutional adoption and the strength of the cycle. This support is not a traditional market driver, but it contributes to growing retail and media attention that can amplify short-term volatility.

This coincides with the broader macro sentiment that provides a supportive background for Altcoin performance, while Bitcoin remains stable above $108,000.

Technical outlook for Ethereum prices

Ethereum’s short-term forecast depends on retrieving the $4,600 medium-term zone.

• Upside Level: $4,665, $4,850, $5,000.
• Disadvantage level: $4,490, $4,465, $4,358.
• Trend Support: If sales pressure escalates, $4,100 remains a deeper line of defense.

Outlook: Will Ethereum rise?

Whether buyers can regain momentum above $4,665 will shape Ethereum’s short-term orientation. Although data on the chain shows continuous accumulation, cycle analysis and well-known support add to bullish cases.

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If ETH clears $4,665, traders expect a quick push towards $4,850, or in some cases $5,000. However, if you don’t hold $4,490, the structure will weaken and the slide risk will be $4,358. For now, Ethereum remains in the integration phase, with the next breakout attempt likely to determine the trajectory for September.