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Ethereum, the second largest cryptocurrency, has returned to $4,000 following a drop in the week just concluded amid a decline in risk sentiment.

At the time of writing, ETH was up 0.43% in the last 24 hours to $4,008, but down 10.07% weekly.

Ethereum fell for five straight days from Sept. 20 to reach a low of $3,825, its weakest level in nearly seven weeks, before paring the drop.

The major cryptocurrency rebounded to a high of $4,071 on Friday following the release of the PCE report, regarded as the Fed's favored inflation gauge, but this traction was short-lived.

This is as Ethereum's momentum paused, with price showing little to no change in the last 24 hours. ETH's price remains tightly locked between $3,974 and $4,040, with the market awaiting its next move.

Three key levels crucial to watch

While traders watch out for where ETH trends next, whether to the upside or downside, crypto analyst Ali highlights three key levels to watch for the ETH price in the event of an upside move.

Ali stated in a tweet that the three resistance levels to watch for Ethereum are $4,158, $4,307 and $4,505, with a breach of these key levels ultimately leading ETH to the $5,000 target.

In a recent tweet, Dr Martin Hiesboeck, Uphold's head of research, stated that confidence in Ethereum is rising. Institutional investor BitMine recently increased its stake to 2.42 million ETH, now holding over 2% of the total supply. This accumulation matches major traditional finance moves: REX Shares is launching its REX-Osprey ETH staking ETF, and Morgan Stanley is adding support for ETH trading on E*Trade, offering millions of clients direct access. Further strengthening the market, ETHZilla raised another $350 million specifically to buy more ETH.

Ethereum's scaling efforts are also hitting milestones, with the network achieving a new record of six blobs per block, signifying heavy utilization of the data-availability layer by Layer 2s and confirming the success of the Dencun upgrade.

TL;DR

The Week Ahead for XRP

September is almost over, and although it started on a positive note, it has been mostly downhill for most of the cryptocurrency market in the past ten days or so. XRP, for example, stood close to $3.20 during its monthly peak after the US Fed reduced the key interest rates for the first time in 2025.

However, it failed there and quickly retested the $3 support, which actually didn’t put up much of a fight. The bears kept the pressure on, and once it cracked, XRP experienced another leg down that drove it to $2.70. This level holds significant importance in determining the asset’s future price trajectory, as many analystsbelieveXRP can quickly rebound as long as it remains above it.

When we asked the 3 AIs (ChatGPT, Grok, and Gemini) about their take on what the next week holds for XRP, OpenAI’s solution answered in a somewhat worrisome manner. It noted that the asset is a “strong sell” on multiple websites, such as investing.com, due to the current technical setup.

Grok agreed with the analysts cited above that as long as XRP holds above $2.70, the bulls might remain calm. However, it also noted that the asset needs to quickly reclaim the $2.83 resistance if it wants to challenge $3 next.

Gemini said the current trading volume doesn’t support a big move upward, and it warned that a break above the coveted $3 line seems unlikely at the moment.Something for the Bulls?

All three AIs agreed that after such a volatile and violent trading week, a period of consolidation is to be expected. As such, they noted that Ripple’s token is likely to remain sideways at around $2.7-$2.9 for the next week (maybe even a bit longer).

However, they also admitted that one major announcement, such as a positive macro event or an approval of spot XRP ETFs in the US, could send the underlying asset flying. Recall that there are over a dozen Ripple ETF filings sitting on the SEC’s desk and most of their deadlines are set for October.

TL;DR

The Week Ahead for XRP

September is almost over, and although it started on a positive note, it has been mostly downhill for most of the cryptocurrency market in the past ten days or so. XRP, for example, stood close to $3.20 during its monthly peak after the US Fed reduced the key interest rates for the first time in 2025.

However, it failed there and quickly retested the $3 support, which actually didn’t put up much of a fight. The bears kept the pressure on, and once it cracked, XRP experienced another leg down that drove it to $2.70. This level holds significant importance in determining the asset’s future price trajectory, as many analystsbelieveXRP can quickly rebound as long as it remains above it.

When we asked the 3 AIs (ChatGPT, Grok, and Gemini) about their take on what the next week holds for XRP, OpenAI’s solution answered in a somewhat worrisome manner. It noted that the asset is a “strong sell” on multiple websites, such as investing.com, due to the current technical setup.

Grok agreed with the analysts cited above that as long as XRP holds above $2.70, the bulls might remain calm. However, it also noted that the asset needs to quickly reclaim the $2.83 resistance if it wants to challenge $3 next.

Gemini said the current trading volume doesn’t support a big move upward, and it warned that a break above the coveted $3 line seems unlikely at the moment.Something for the Bulls?

All three AIs agreed that after such a volatile and violent trading week, a period of consolidation is to be expected. As such, they noted that Ripple’s token is likely to remain sideways at around $2.7-$2.9 for the next week (maybe even a bit longer).

However, they also admitted that one major announcement, such as a positive macro event or an approval of spot XRP ETFs in the US, could send the underlying asset flying. Recall that there are over a dozen Ripple ETF filings sitting on the SEC’s desk and most of their deadlines are set for October.

Over the last week, XRP slipped below the psychological $3 support level as it lost about 7.02% of its price value. Since then, the altcoin has maintained a steady price consolidation around the $2.78-$2.79 region, without retesting the newly formed resistance level. Meanwhile, recent on-chain data has provided some cautionary market insights, highlighting a key support zone.

XRP Bulls Must Avoid Crash Below $2.73 – Here’s Why

In an X post on September 27, crypto analyst Ali Martinez revealed the existence of a price gap sitting between the $2.73 and $2.51 price levels. Central to Martinez’s revelation is the UTXO Realized Price Distribution (URPD) metric, which specifies how much XRP was last transacted at different price levels, but in relation to its all-time high. 

As an extension of its primary function, the indicator quantifies trading activity across different price levels, therefore highlighting potential support and resistance zones. According to the chart shared by Martinez, there is considerable trading activity across several XRP’s price zones. However, there is a price range closest to its current value at $2.78, within which there has been very little trading activity.

This price range, set between $2.51 and $2.73, comprises relatively less market activity, creating what Martinez describes as a price gap, where little support or resistance exists. The higher boundary of the price gap is at the $2.73 level, where about 1.60 billion XRP were transacted. A fall below this price floor would likely result in a straight decline towards $2.51, as any little support lies between both price regions. Notably, XRP last touched $2.51 in July.

XRP Price Outlook

As of this writing, XRP is valued at about $2.78 despite a modest 0.78% gain in the last day. Meanwhile, the altcoin’s daily trading volume is down by 58.95% and valued at $3.02 billion.

According to CoinCodex, XRP is currently facing bearish sentiment, with traders showing caution amid subdued market conditions. Meanwhile, the Fear and Greed Index sits at 33, signaling fear and a lack of strong buying momentum. Over the past 30 trading sessions, XRP has recorded 13 red days, underscoring the weakness in recent performance

Despite this, price predictions suggest little volatility ahead, with no significant change expected in the next five days or over the coming month. This indicates that XRP may remain range-bound as investors await clearer market signals or catalysts. With sentiment leaning negative, short-term traders may exercise caution, while long-term holders continue to monitor for potential shifts in broader crypto market dynamics.

The run is over. Bitcoin spot ETFs saw huge net outflows of $903 million at the end of the trading week of Sept. 22-26, following four weeks of net inflows. Weeks of consistent accumulation are erased by the reversal, which also indicates a change in investor sentiment, as the cryptocurrency market is impacted by profit-taking and macro pressures.

Everyone takes hit

It was not just Bitcoin that was hurting. With all nine funds reporting redemptions for the week, Ethereum spot ETFs also saw significant outflows of $796 million. After months of resiliency, this coordinated withdrawal from the two top digital assets points to a general cooling in institutional crypto products, indicating that risk appetite is waning. Chart by TradingView">

In terms of price, Bitcoin lost traction with its short-term moving averages and traded close to $109,000. The next important support zone is the 200-day EMA, which is around $106,200. The breakdown below the 100-day EMA, which is around $112,800, confirmed weakness. Bitcoin’s long-term defense line has historically been the 200 EMA, whether bulls can hold it will determine how much deeper the correction gets.

ETFs bleeding

ETF and on-chain data now present a cautious picture. The weekly ETF flows chart reveals the biggest withdrawal in months, where billions of net assets have been lost. While weekly net inflows fell to almost -$903 million, total net assets across Bitcoin ETFs fell to $143 billion. Bitcoin volumes surged during the decline, and such sharp withdrawals frequently result in selling pressure on the spot market.

With $796 million leaving ETFs in a single week, Ethereum’s story is similar to Bitcoin’s decline. The coordinated withdrawal from both assets shows that institutional players are removing their entire, at least temporarily, exposure to cryptocurrency rather than just moving their money around.

The stability of Bitcoin above $106,000 to $108,000 will be critical in the future. Losses could reach the psychological threshold of $100,000 if this zone is not maintained. Even after weeks of consistent institutional accumulation, the most recent ETF outflow data demonstrates how quickly sentiment can shift, even though long-term fundamentals are still sound.

During a recent appearance on "The Master Investor Podcast" with veteran business reporter Wilfred Frost, Ark Invest Cathie Wood stated that she favors Bitcoin over Ethereum. 

According to Wood, Bitcoin is "the global monetary system," which is alone "a very big idea." 

The famed stock picker is also bullish on Bitcoin because of its superior technology, noting that the layer-1 blockchain has never been hacked. "The other blockchains cannot say that," she added. 

Lastly, Bitcoin is also viewed as a new asset class. The largest cryptocurrency is currently the ninth biggest asset with a market cap of roughly $2.2 trillion.

Warming up to ETH 

With that being said, Wood has also noted that Ethereum plays "a very important role" within the decentralized finance (DeFi) ecosystem. 

She has added that a lot of the fees are going to layer-2s of the likes of Coinbase's Base. They, according to Wood, are getting a "disproportionate" amount of fees, and the question is whether or not competing layer-2s will confer more importance to the layer-1. Ark Invest thinks that this could be possible, which is why the Florida-based investment firm is betting on ETH. 

Bullish price prediction 

Ark Invest, which made its first publicly disclosed Bitcoin bet back in 2017, has been bullish on Bitcoin for years. It has both direct and indirect exposure to the leading cryptocurrency by holding the shares of such companies as Strategy (MSTR).

The investment firm has predicted that the price of the leading cryptocurrency could surge to as high as $2.4 million by the end of the decade.