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Ethereum (ETH) Price Prediction for August 6


Ethereum (ETH) Price Prediction for August 6

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After reclaiming the $3,600 level in a sharp two-day recovery, the Ethereum price today is holding near $3,634.40. The rebound, however, stalled near $3,720, where ETH encountered both Bollinger Band resistance and the 20 EMA cap. With on-chain outflows mounting and intraday momentum softening, traders are watching closely to see whether ETH can hold the $3,590 to $3,624 support zone.

Ethereum Price Forecast Table: August 6, 2025

Indicator / ZoneLevel / Signal
Ethereum price today$3,634.40
Resistance 1$3,720 (Bollinger upper band)
Resistance 2$3,850 (supply zone)
Support 1$3,624 (50 EMA)
Support 2$3,576 (100 EMA)
Support 3$3,360 (200 EMA)
RSI (30-min)43.73 (bearish divergence)
Supertrend (4H)Bullish above $3,497
VWAP (Session)$3,660.77 (neutral)
DMI ADX (14)18.96 (weak trend forming)
Netflow (Aug 5, 05:30)-$122.70M (heavy exchange outflows)
Monthly Fib 0.236 Level$3,496.72 (macro resistance zone)

What’s Happening With Ethereum’s Price?

ETH price dynamics (Source: TradingView)

On the 4-hour chart, Ethereum price action shows a clean bounce from below $3,400, supported by a dynamic cluster of EMAs (100 EMA at $3,576, 200 EMA at $3,360). The bullish move reclaimed the …

The post Ethereum (ETH) Price Prediction for August 6 appeared first on Coin Edition.

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Coins

$ 1.90K

-0.22%

$ 0.0587

+5.37%

$ 0.0145

$ 0.0000824

$ 0.035


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