Coin Edition
2025-08-05 11:28:12

Ethereum (ETH) Price Prediction for August 6

After reclaiming the $3,600 level in a sharp two-day recovery, the Ethereum price today is holding near $3,634.40. The rebound, however, stalled near $3,720, where ETH encountered both Bollinger Band resistance and the 20 EMA cap. With on-chain outflows mounting and intraday momentum softening, traders are watching closely to see whether ETH can hold the $3,590 to $3,624 support zone. Ethereum Price Forecast Table: August 6, 2025 Indicator / Zone Level / Signal Ethereum price today $3,634.40 Resistance 1 $3,720 (Bollinger upper band) Resistance 2 $3,850 (supply zone) Support 1 $3,624 (50 EMA) Support 2 $3,576 (100 EMA) Support 3 $3,360 (200 EMA) RSI (30-min) 43.73 (bearish divergence) Supertrend (4H) Bullish above $3,497 VWAP (Session) $3,660.77 (neutral) DMI ADX (14) 18.96 (weak trend forming) Netflow (Aug 5, 05:30) -$122.70M (heavy exchange outflows) Monthly Fib 0.236 Level $3,496.72 (macro resistance zone) What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 4-hour chart, Ethereum price action shows a clean bounce from below $3,400, supported by a dynamic cluster of EMAs (100 EMA at $3,576, 200 EMA at $3,360). The bullish move reclaimed the … The post Ethereum (ETH) Price Prediction for August 6 appeared first on Coin Edition .

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