ETH/USD quotes are trading at 3684 and continue to move within the correction and bullish channel. Moving averages indicate a short-term upward trend for Ether. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s growth from current levels. As part of the Ethereum forecast for today, we can expect an attempt to develop a correction in the coin’s price and a test of the support level near the 3545 area. From there, we can again expect prices to rebound and Ethereum to continue growing, with a potential target above the 4345 level.
Ethereum Forecast and ETHUSD Analysis for July 23, 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 fall in the value of Ethereum and a breakout of the 3245 level will cancel 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 2775 level. With a breakout of the resistance area and the closing of quotes above the 4085 mark.
Ethereum Forecast and ETHUSD Analysis for July 23, 2025 suggests an attempt at a bearish correction and a test of the support area near the 3545 level. From there, we can expect a rebound and continued growth of the ETH/USD cryptocurrency to the area above the 4345 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 3245 support area will cancel the option of a rise in the digital currency. This will indicate a continuation of the digital currency’s decline with a potential target below the 2775 level.
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