Ethereum ended the trading week with strong growth at 3613 and continues to move within the growth range. Moving averages indicate a bullish trend for ETH/USD. Prices broke through the area between the signal lines upwards, indicating pressure from cryptocurrency buyers and a potential continuation of growth from current levels. At the moment, we should expect an attempt at a bearish price correction and a test of the support level near the 3035 area. From there, we should again expect an upward rebound and a continuation of the growth of the Ethereum exchange rate and value, with a potential target above the 4925 level.
Ethereum Weekly Forecast ETH/USD August 4 — 8, 2025
An additional signal in favor of growth in ETH/USD quotes for the current trading week of August 4-8, 2025 will be a test of the support line on the relative strength indicator. The second signal will be a rebound from the lower border of the bullish channel. A fall and breakout of the 2605 level will cancel the option of growth in the value of the cryptocurrency during the current trading week. This will indicate a breakout of the support area and a continuation of the decline in ETH/USD quotes with a potential target below the 2035 level. Confirmation of the growth of the Ethereum cryptocurrency will be a breakout of the resistance area and the closing of quotes above the 4045 level, which will indicate a breakout of the upper border of the bearish channel.
Ethereum Weekly Forecast ETH/USD August 4 — 8, 2025 suggests an attempt to develop a bearish correction and test the support area near the 3035 level. From there, we can expect an upward rebound and continued growth of the cryptocurrency to an area above the 4925 level. An additional signal in favor of the rise in the Ethereum rate will be the test of the trend line on the relative strength indicator. A fall and breakout of the 2605 area will cancel the growth scenario. In this case, we should expect a continuation of the decline with a target below the 2035 area.
