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Ethereum (ETH) Price Prediction for August 7


Ethereum (ETH) Price Prediction for August 7

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After a sharp rally toward $3,900 in July, Ethereum price has entered a consolidation phase that has formed a symmetrical triangle on the 4-hour chart. With price now hovering near the $3,620 zone, Ethereum price today is nearing the apex of this structure, suggesting that a decisive move may be imminent.

Ethereum Price Forecast Table: August 7, 2025

Indicator/ZoneLevel / Signal
Ethereum price today$3,621.71
Resistance 1$3,700
Resistance 2$3,900
Support 1$3,580
Support 2$3,374
RSI (30-min)53.13 (Neutral)
MACD (4H)Flat, No clear momentum
Bollinger Bands (4H)Tightening, volatility incoming
Supertrend (1D)Bullish above $3,338
VWAP (Session)Resistance at $3,636
EMA Cluster (4H)20/50/100/200 Bullish stack
DMI (14)Weak trend, ADX at 38.60
Netflow (August 6)-$43.31M (Bearish pressure)

What’s Happening With Ethereum’s Price?

ETH price dynamics (Source: TradingView)

On the 4-hour chart, ETH is currently compressing between rising and descending trendlines, forming a clean symmetrical triangle. This pattern has historically preceded strong directional moves, and with price trading around $3,620, ETH is approaching the decision point. The top of the triangle sits near $3,700, w…

The post Ethereum (ETH) Price Prediction for August 7 appeared first on Coin Edition.

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Coins

$ 1.79K

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+1.61%

$ 0.0000824

$ 0.00544

$ 0.000207


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