ETH/USD quotes are trading at 3641 and continue to move within the growth and bullish channel. Moving averages indicate a short-term upward trend for Ether. Prices have broken through the area between the signal lines upwards, indicating pressure from buyers and a potential continuation of the asset’s growth from current levels. As part of the Ethereum forecast for today, we should expect an attempt to develop a correction in the coin’s rate and a test of the support level near the 3215 area. From there, we should again expect prices to rebound upward and Ethereum to continue growing, with a potential target above the 4465 level.
Ethereum Forecast and ETH/USD Analysis for August 5, 2025
An additional signal in favor of the growth of ETH/USD quotes will be a test of the bullish trend line on the relative strength indicator. The second signal will be a rebound from the lower border of the bullish channel. A decline in the value of Ethereum and a break below the 3025 level will negate the cryptocurrency’s growth scenario. This will indicate a breakout of the support area and a continuation of the decline in ETH/USD quotes to the 2645 level. With a breakout of the resistance area and quotes closing above the 4105 mark.
Ethereum Forecast and ETH/USD Analysis for August 5, 2025 suggests an attempt at a bearish correction and a test of the support area near the 3215 level. From there, we can expect a rebound and continued growth of the ETH/USD cryptocurrency to an area above the 4465 level. An additional signal in favor of Ethereum’s growth will be a test of the trend line on the relative strength indicator. A breakout of the support area of 3025 will cancel the option of a rise in the digital currency. This will indicate a continuation of the decline in the digital currency with a potential target below the level of 2645.
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