Ethereum’s MACD Crossover Sparks Talk of a 2021-Style Rally (But Will It Really?)

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TL;DR

  • Ethereum is trying to pull off its 2020 breakout encore, and everyone’s excited (again).
  • MACD crossover and RSI hint that ETH might have more juice in the tank.
  • ETH is clinging to its 50-day EMA at $4,164, looking mighty strong in the support department.

Ethereum’s Monthly MACD Crossover: Is it a Big Deal or Just a Fancy Line on a Chart?

Well, well, well, look who’s making headlines again! Ethereum (ETH) just printed a fresh MACD crossover on the monthly chart. For those not in the crypto know, that’s a technical indicator that some traders are interpreting as a potential turning point. Merlijn The Trader, a self-proclaimed crypto wizard, calls this move a “monster ignition,” which, let’s be honest, sounds more like something from a superhero movie than a financial analysis. He’s also pretty pumped about Ethereum’s “completion of a multi-year consolidation phase” – whatever that means. 🦸‍♂️

ETHEREUM IS CHARGING THE MONSTER MOVE

Fresh MACD crossover.
3-year squeeze at apex.
Monthly candle screaming bullish.

Break $4,450 and $ETH doesn’t walk… it rips.
Don’t call it hopium. Call it ignition.

– Merlijn The Trader (@MerlijnTrader) September 8, 2025

Now, this MACD crossover is apparently quite the rare bird, especially after a three-year squeeze. The last time this happened? Oh, just before Ethereum went on a massive rally in 2020-2021. Coincidence? Or is history repeating itself? ETH is now playing around $4,450, which, in layman’s terms, is its long-time resistance range’s upper boundary. It’s like your favorite TV show coming back for a second season-will it be as good as the first?

Ethereum’s recent breakout and pullback are almost identical to its price action during that 2020-2021 rollercoaster ride. Back then, ETH broke free from a downward trend, did a little victory lap, and then started climbing like it was on a sugar high.

Merlijn the Trading Guru is all over this pattern. According to him, “2021 gave us the pattern. 2025 gives us the chance.” Sounds dramatic, right? But he’s convinced this might lead to another huge price surge.

ETHEREUM IS REPEATING HISTORY

2021 showed us the pattern.
2025 is showing us the opportunity.

The retest is where legends buy.
The breakout is where fortunes are made.$ETH isn’t done. It’s just getting started.

– Merlijn The Trader (@MerlijnTrader) August 29, 2025

Now, let’s not get too carried away. Just because it looks like the past doesn’t mean Ethereum will simply replay it. Ethereum still has to break above $4,450 before anyone starts popping champagne.

ETH Holds Strong: But Will It Last? 🏋️‍♂️

ETH just did a little bounce from its 50-day exponential moving average (EMA), which now sits at $4,164. This shows that buyers are still active, like kids trying to hold on to their favorite toy before someone else grabs it. And it’s above all the other major EMAs (20, 50, 100, 200), which is like a technical stamp of approval. Staying above these levels is usually a good sign for the bulls, as it means stability and room for a potential rise.

Ethereum Chart

Meanwhile, the RSI (Relative Strength Index) is sitting at a comfortable 52. This means the market’s in balance, with no extreme buying or selling. In past cycles, a similar RSI during an uptrend allowed for steady price increases-no wild rollercoaster drops (fingers crossed). 🤞

As of right now, Ethereum is priced around $4,360, up 1% in the last 24 hours but showing a tiny weekly decline. Trading volume? A modest $30.36 billion, which is still a lot of zeroes, but hey, no one’s complaining.

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2025-09-09 20:13