Ethereum acknowledges hourly death cross; anticipated developments in ETH's market value.
In the dynamic world of cryptocurrencies, Ethereum (ETH) is making headlines once again. After a strong bull run in July, the second-largest digital asset is currently trading near $3,600, facing some critical resistance levels.
The recent performance of Ethereum has been volatile, with the cryptocurrency dropping from a July 31 high of $3,878 to an intraday low of $3,563 before rebounding to trade near $3,633. This volatility follows a major sell-off on the crypto market, resulting in $758 million in liquidations over the last 24 hours.
One of the key resistance levels Ethereum is up against is the $4,000 mark. This level has served as resistance in March 2024 and throughout the 2020-2021 cycle. Interestingly, the last time Ethereum climbed this much in a single month was in July 2022, during its recovery from the crypto downturn triggered by high-profile implosions.
Current price predictions for Ethereum suggest a short-term range of approximately $3,900 to $4,500, with key resistance levels around $4,200 to $4,500. If ETH breaks above this resistance, prices could advance significantly, potentially reaching $6,000 to $10,000 or higher by the end of 2025 according to leading analysts.
However, the short-term technical indicators such as RSI near oversold levels and bearish MACD crossover suggest some downside risk. Unless Ethereum recovers above resistance levels at about $3,784 (Bollinger median) and $3,899 (Supertrend flip), a failure to hold these supports could lead to deeper retracements toward $3,300.
Looking beyond the short term, medium-term forecasts for Q4 2025 are more bullish, with predictions ranging from $6,000 to $20,000. For instance, Fundstrat projects $15,000 supported by growing institutional adoption and tokenization on Ethereum’s network. Analysts like Tom Lee and Colin Talks Crypto foresee possible peaks between $10,000 and $20,000. This optimism is underpinned by Ethereum powering over 60% of tokenized real-world assets and nearly 30% of its supply staked, limiting circulating supply and potentially driving price appreciation.
However, it's worth noting that a breakout above the $4,500 level might indicate market euphoria and increased risk of structural instability. Glassnode identifies ETH's +1σ Active Realized Price band, currently around $4,500, as a key upside threshold for the current surge.
In conclusion, Ethereum's near-term resistance zones at $4,200–$4,500 are critical for its bullish continuation. Breaking these could lead to strong rallies later in the year, while failing to hold key supports near $3,600 may result in further short-term declines. As always, investors are advised to conduct their own research and consider their risk tolerance before making investment decisions.
Sources: [1] https://www.coindesk.com/markets/2025/07/31/ethereum-climbs-48-in-july-its-best-monthly-performance-in-three-years/ [2] https://www.coindesk.com/markets/2025/08/01/ethereum-hourly-chart-death-cross-as-crypto-market-approaches-quiet-period/ [3] https://www.coindesk.com/markets/2025/08/02/ethereum-price-analysis-3600-is-support-or-resistance-as-eth-faces-key-levels/
- The current market cap of Ethereum, the second-largest digital asset, is significantly high due to its price trading near $3,600.
- Known as a 'whale' in the crypto world, anyone holding a large amount of Ethereum could potentially impact its price prediction.
- Investing in cryptocurrencies, such as Ethereum, requires careful analysis of technology trends and finance, especially in light of its volatile price fluctuations.
- Trading in Ethereum, or any other cryptocurrency, involves understanding and respecting key resistance and support levels, like the $4,200–$4,500 range in Ethereum's case.
- The technology driving Ethereum, particularly its role in powering tokenized real-world assets and staking, could contribute to long-term price predictions of $6,000 to $20,000 by the end of 2025, as suggested by leading analysts.
