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Forecast update for Ethereum -08-08-2025
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Forecast update for Ethereum -08-08-2025
Aug 8, 2025 7:01 AM

The price of (ETHUSD) rose in its last intraday trading, amid its attempts to breach the critical resistance level at$3,900, supported by its continuous trading above EMA50, under the dominance of the main bullish trend and its trading alongside a supportive bias line for this trend on the short-term basis, and its trading alongside a supportive bias line for the trend on the short-term basis, this rise comes after its success in its previous trading in offloading some of its clear overbought conditions on the (RSI).

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