ETH MACD Crossover Sparks Talk of 2021-Style Rally

TL;DR Ethereum repeats its 2020 breakout setup, fueling expectations of a potential major ￰0￱ MACD crossover and RSI near 52 show ETH may have more room to ￰1￱ defends 50-day EMA at $4,164, maintaining strong support across all key moving ￰2￱ Shows Monthly MACD Crossover Ethereum (ETH) has printed a fresh crossover on the monthly MACD indicator, which some market analysts see as a potential turning ￰3￱ trader Merlijn The Trader called the move a “monster ignition” and pointed to the completion of a multi-year consolidation ￰4￱ IS CHARGING THE MONSTER MOVE Fresh MACD crossover. 3-year squeeze at ￰5￱ candle screaming ￰6￱ $4,450 and $ETH doesn’t walk… it rips.

Don’t call it ￰7￱ it ￰8￱ — Merlijn The Trader (@MerlijnTrader) September 8, 2025 Remarkably, the MACD crossover on the monthly chart is considered rare, especially following a three-year ￰9￱ last time this occurred was before the 2020–2021 rally, where Ethereum moved sharply higher over several ￰10￱ is now trading near a key level of $4,450, which marks the top of its long-standing resistance range. Ethereum’s recent breakout and pullback appear similar to its price behavior during the 2020–2021 ￰11￱ then, ETH broke out of a long downtrend, retested its breakout level, and then started a steep climb to new ￰12￱ shared by Merlijn The Trader show that Ethereum has again broken above a downward trendline and returned to test former resistance near $3,650–$4,000.

The trader noted, “2021 gave us the pattern. 2025 gives us the chance,” suggesting that the setup may lead to a repeat of previous price ￰13￱ IS REPEATING HISTORY 2021 showed us the pattern. 2025 is showing us the ￰14￱ retest is where legends ￰15￱ breakout is where fortunes are made. $ETH isn’t done. It’s just getting ￰16￱ — Merlijn The Trader (@MerlijnTrader) August 29, 2025 While comparisons to past cycles offer perspective, Ethereum would still need to confirm strength above $4,450 to open the door for further ￰17￱ Holds Strong as Momentum Builds ETH recently bounced from its 50-day exponential moving average, which is now acting as support around $4,164.

The ability to stay above this level shows that buyers are still active and defending key zones. Notably, the price is also positioned above all other major EMAs (20, 50, 100, and 200), which gives it a strong technical ￰18￱ these levels often reflects trend stability and provides structure for future moves.) sits at ￰19￱ neutral zone shows that the market is balanced, with neither strong buying nor selling ￰20￱ previous market cycles, similar RSI levels during uptrends allowed for gradual price increases without the need for a deep ￰21￱ of press time, Ethereum was priced at around $4,360. It has gained 1% in the last 24 hours, while showing a slight weekly ￰22￱ volume over the past day is $30.36 billion.