Ethereum (ETH) Price Prediction for August 23

The price of Ethereum today is around $4,280. It has gone up 1.3% since the last session, but it is still below the $4,355 resistance level. ETH hit a high of about $4,792 earlier this month, but it has been going down inside a descending channel since then. Sellers are protecting the $4,400–$4,450 supply band. Bulls need to show strength by taking back this area, or else they risk going down even more to $4,100.

Ethereum Price Forecast Table: August 23, 2025

Indicator/Zone	Level / Signal
Ethereum price today	$4,280
Resistance 1	$4,400 (channel cap)
Resistance 2	$4,511 (Fib 0.618)
Support 1	$4,135
Support 2	$4,066 / $3,955
RSI (30-min)	46.0 (Neutral to Weak)
MACD / DMI (4H)	Bearish bias, sellers in control
Bollinger Bands (4H)	Mid-band $4,280, lower $4,103
EMA Cluster (20/50/100/200)	Mixed, 20 above but capped below 100
Netflow (Aug 22)	+$138M inflow (bearish pressure)
Short-Term Trend Bias	Neutral to Bearish below $4,400

What’s Happening With Ethereum’s Price?

ETH’s daily chart shows a series of strong break-of-structure moves that pushed the price up from $2,000 in April to $4,700 by early August. But recent candles show a change of…

The post Ethereum (ETH) Price Prediction for August 23 appeared first on Coin Edition.