Skip to main content

ETH Update – August 3, 2025

Ethereum (ETH) is currently trading around $3,470 and seems to be moving sideways for now. 

ETH Chart (Source Coingecko)

Here’s what’s happening in simple terms:

Trading Below EMA50

On the 4-hour chart, ETH is sitting below the EMA50, which shows that short-term momentum is a bit weak. It doesn't mean a crash, just that ETH is taking a breather.

RSI Looks Weak

The RSI is showing bearish momentum, meaning buyers are not very active right now. ETH might need more strength to push higher.

MACD Still Positive

While RSI is weak, the MACD is still positive. This shows there’s still some hidden buying power in the background, and ETH could turn bullish again if volume increases.

ETH Moving in a Range

Right now, ETH is stuck in a range between $3,350 (support) and $3,530 (resistance). It’s been bouncing between these levels for a while.

Breakout Level to Watch

The key level to watch is $3,675. If ETH breaks above this, it could make a strong move toward $4,000 or more. If not, it might stay in this range a bit longer.

Final Words

ETH is calm for now, but it’s building energy. A strong move could be coming soon. Watch the $3,675 level — it could be the breakout point!

Stay alert and trade wisely!

Looking for reliable Crypto & Forex signals?

Join my Telegram channel now for daily updates & setups.

Link: https://t.me/bwtinternational

Comments

Post a Comment

Popular post

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 
Post a Comment
Read more

Ethereum Heading Towards $4,000:

Big Potential Ahead! Ethereum is close to hitting $4,000, following a strong rising trend. Experts believe that if ETH breaks its past high of $4,500, it could reach $5,000–$5,500 in the next bull run. Some even predict ETH could hit $6,000–$7,000 if it continues to rise. Hold tight—big gains could be coming!
Post a Comment
Read more

🚀 XRP Price Update – Is a Breakout Coming?

XRP is trading at $2.81, up 1.89% in the last 24 hours.  With strong resistance at $3.00,  a breakout could push XRP toward $3.20 or its ATH $3.38+! Key levels to watch: 🔹 Resistance : $3.00 - $3.20 (Break = 🚀) 🔹 Support : $2.50 - $2.20 (Pullback zone) 🔹 Sentiment : Bullish, but Fear & Greed Index at 50 (Neutral) A breakout above resistance will confirm further upside momentum.
Post a Comment
Read more