The Ethereum worth has been among the finest performers within the cryptocurrency market within the third quarter, reaching a brand new all-time excessive on the finish of August. Nevertheless, the second-largest cryptocurrency has struggled to construct on this record-setting momentum in September.
With September and the third quarter of 2025 nearly accomplished, the Ethereum worth seems to be struggling to reclaim the psychological $4,000 help degree. Under are the crucial help ranges to observe for ought to a deeper correction happen, in response to the most recent on-chain information.
Is $3,500 The Subsequent Cease For ETH Worth?
In a September 27 put up on the X platform, well-liked crypto analyst Ali Martinez recognized three main help ranges to observe if the Ethereum worth additional declines over the following few weeks. This on-chain remark revolves across the UTXO Realized Worth Distribution (URPD) metric, which estimates the quantity of a particular cryptocurrency acquired at a sure worth degree.
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This indicator seems at a worth degree’s capability to behave as an on-chain help or resistance zone, which usually is dependent upon the variety of traders with their price foundation on the given degree. An investor’s price foundation refers back to the authentic worth at which they purchased a crypto asset (Ether, on this state of affairs).
Primarily based on the associated fee foundation principle, main help zones are sometimes round worth ranges—with vital shopping for exercise—beneath the present spot worth. Having bought their property at these costs, a number of traders are inclined to double down and buy extra property when the worth returns to their price foundation, thereby holding the costs afloat.
In response to information highlighted by Martinez, the following main help ranges for the Ethereum worth lie round $3,515, $3,020, and $2,772. As noticed within the chart beneath, if the worth of ETH doesn’t have a sustained shut above $4,000, its subsequent rapid help cushion is round $,3,515, the place almost 1.39 billion cash have been bought.
In a case the place the “king of altcoins” fails to cease bleeding, the UTXO Realized Worth Distribution metric reveals that the following main help is at $3,020, the place nearly 2.65 billion cash have been purchased. Now, the final vital help for the Ethereum worth lies round $2,772, which is the associated fee foundation of greater than 2.64 billion Ether tokens.
Ethereum Worth At A Look
As of this writing, the worth of ETH stands at round $3,994, reflecting no vital motion previously 24 hours. Whereas the most important altcoin by market cap appears to be hanging on to the main $4,000 degree, its efficiency over the previous week remains to be fairly worrying. In response to information from CoinGecko, the Ethereum worth is down by greater than 10% within the final seven days.
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Featured picture from Shutterstock, chart from TradingView
