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Forecast update for Ethereum -04-08-2025
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Forecast update for Ethereum -04-08-2025
Aug 4, 2025 6:57 AM

The price of (ETHUSD) kept rising in its last intraday trading, despite the emergence of the negative signals on the (RSI) after reaching overbought levels, amid the continuation of the negative pressure that comes from its trading below EMA50, besides the dominance of the bearish correctional trend on the short-term basis. This rise has been caused by the price attempt to recover some of its previous losses before it returns to decline.

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