13 October 2025,05:31
Chart The Market
13 October 2025, 05:31
ETH, H4:
Ethereum experienced significant selling pressure in the prior session, driving its price down to a retest of its August low at the $3,435 level. However, the cryptocurrency demonstrated notable resilience, subsequently recovering to erase approximately half of the initial decline. ETH is currently consolidating near a key liquidity zone around the $4,150 mark, a level critical for determining its near-term directional bias.
The price action has resulted in a technically significant development: a sustained move above the 61.8% Fibonacci retracement level, situated at $4,024. A successful hold above this level often indicates a potent shift in market structure, and in this context, it suggests the prior bearish trend may be invalidating, thereby supporting a constructive near-term outlook.
This potential structural shift is receiving confirmation from momentum oscillators. The Relative Strength Index (RSI) has exited oversold territory, signaling a clear abatement of bearish momentum. Simultaneously, the Moving Average Convergence Divergence (MACD) has exhibited a bullish crossover—a “golden cross”—while below its zero line. This specific configuration typically suggests that, while the broader trend may not yet be conclusively bullish, downward momentum has decisively weakened, laying the groundwork for a potential trend reversal.
Resistance Levels: 4333.00, 4556.00
Support Levels: 4081.00, 3866.00
XAUUSD H4
Gold prices exhibited dynamic action in the recent session, initially rallying to establish a new all-time high (ATH). Following this peak, the precious metal underwent a expected technical pullback, a common occurrence after a significant breakout. This retracement found firm support at a key prior liquidity zone near the $3,953 level. The successful defense of this support was followed by a robust technical rebound, reinforcing the underlying bullish market structure.
The price action has now carried gold back to retest its ATH threshold. A decisive and sustained break above this level would serve as a critical confirmation of the prevailing bullish bias, potentially initiating the next leg of the upward trend.
Momentum indicators align with this constructive outlook. The Relative Strength Index (RSI) continues to hold firmly above its midline, denoting sustained positive momentum. Furthermore, the Moving Average Convergence Divergence (MACD) is poised to generate a bullish crossover (a “golden cross”) above its zero line. This specific signal, when it occurs in this context, is typically interpreted as the emergence of a fresh bullish impulse within an already positive trend.
Resistance Levels: 4510.00, 4820.00
Support Levels:4270.00, 4070.00
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