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/Zone | Level / 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?
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…
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