Ethereum Price Prediction: Eyes Resistance at $4,428 and Targets $4,500
Ethereum price prediction for September 5 highlights key technical levels as short-term buying interest returns. ETH/USD rose 0.57% over 24 hours, trading around $4,478. On the hourly chart, Ethereum faces immediate resistance at $4,428; a daily close above this level without a long wick could fuel continuation toward the $4,500 zone by week’s end. On the daily timeframe, a decisive breakout above $4,491 may pave the way for further gains toward $4,600. However, mid-term outlook remains neutral: low trading volume and a lack of clear support and resistance zones suggest that sharp moves are unlikely until volume improves. Traders should watch these levels and volume indicators for confirmation.
Neutral
The article presents short-term bullish signals—potential breakouts above $4,428 and $4,491 could drive ETH toward $4,500–$4,600—mirroring past instances when overcoming key resistance sparked rallies. However, low trading volume and unclear mid-term support levels temper conviction. This balance of bullish technical setups and lackluster volume suggests a neutral overall impact: traders may see limited gains unless volume picks up to sustain momentum.