Ethereum’s price journey has seen significant fluctuations this year, with July marking a notable rally that pushed prices toward $3,900. As we transition into August, Ethereum has shifted into a consolidation phase, characterized by the formation of a symmetrical triangle on the 4-hour chart. This pattern signals a potential major move ahead, with the price now hovering around the $3,620 region, close to the triangle’s apex.
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?
The Ethereum market currently finds itself in a period of compression, reflected in the symmetrical triangle pattern on the 4-hour chart. Historically, such patterns have been known to precede sharp price movements. As Ethereum trades around $3,620, it is nearing a critical juncture, potentially leading to significant volatility. The triangle’s upper boundary is positioned near $3,700, a pivotal resistance level that could dictate the future price direction.
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