After a sharp rejection from the $3,860 mark earlier this week, Ethereum price today is stabilizing just above $3,640. The recent breakdown from its ascending channel has shifted near-term sentiment toward caution, as ETH consolidates beneath several key resistance levels. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) Ethereum recently exited a rising channel that supported its rally from mid-July. After peaking near $3,860, price broke below the channel’s lower boundary and is now retesting prior support as resistance. The 1-hour RSI is recovering slightly near 50.40, suggesting stabilization, but there is still no confirmed trend reversal. ETH price dynamics (Source: TradingView) Weekly Fibonacci levels show ETH facing rejection at the 0.786 retracement level around $3,525. While the higher time frame trend remains bullish, this zone now acts as strong resistance until decisively reclaimed. Why Is The Ethereum Price Going Down Today? ETH price dynamics (Source: TradingView) The primary reason why Ethereum price going down today is the failure to hold above the $3,800 zone, where both horizontal resistance a… The post Ethereum (ETH) Price Prediction for July 25 appeared first on Coin Edition .
