The Ethereum worth has been probably the greatest 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. Beneath are the crucial help ranges to observe for ought to a deeper correction happen, based on the newest on-chain information.
Is $3,500 The Subsequent Cease For ETH Worth?
In a September 27 put up on the X platform, common crypto analyst Ali Martinez identified three main help ranges to observe if the Ethereum worth additional declines over the subsequent 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 appears to be like at a worth degree’s capability to behave as an on-chain help or resistance zone, which usually is determined by the variety of buyers with their price foundation on the given degree. An investor’s price foundation refers back to the unique worth at which they purchased a crypto asset (Ether, on this situation).
Based mostly on the associated fee foundation principle, main help zones are sometimes round worth ranges—with significant buying activity—under the present spot worth. Having bought their property at these costs, a number of buyers are likely to double down and buy extra property when the value returns to their price foundation, thereby maintaining the costs afloat.
In line with information highlighted by Martinez, the subsequent main help ranges for the Ethereum worth lie round $3,515, $3,020, and $2,772. As noticed within the chart under, if the value of ETH doesn’t have a sustained shut above $4,000, its subsequent instant help cushion is round $,3,515, the place almost 1.39 billion cash had been bought.
In a case the place the “king of altcoins” fails to cease bleeding, the UTXO Realized Price Distribution metric reveals that the subsequent main help is at $3,020, the place nearly 2.65 billion cash had been purchased. Now, the final important 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 value of ETH stands at round $3,994, reflecting no important motion up to now 24 hours. Whereas the most important altcoin by market cap appears to be hanging on to the key $4,000 degree, its efficiency over the previous week remains to be fairly worrying. In line with 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