This weekend, Ethereum (ETH) is in an interesting consolidation zone, and many analysts are watching for a possible strong move. Here’s a summary of what to expect:

🤑 Current market status 🤑

Current price: around $3,620 USD

Key resistances: $3,700 and $3,900

Key supports: $3,580 and $3,374

Technical indicators:

RSI at 53 (neutral)

MACD flat (no clear momentum)

Bollinger Bands narrow (imminent volatility)

Daily supertrend: bullish above $3,338

🔮 Prediction for the weekend

ETH is expected to rise to $4,034 by August 12, which represents an increase of 9.84%

The current technical pattern (symmetrical triangle) suggests that the price is close to a decisive breakout, either upward or downward

The general sentiment is bullish, although with downward pressure due to capital outflows in recent days

🧠 What to watch for?

If it breaks $3,700 with volume, we could see a quick rise towards $3,900 or more.

If it loses the support of $3,580, it could retrace to $3,374.

Bitcoin's behavior will also influence: if BTC rises, $ETH ETH will likely follow.

The information about Ethereum that I shared with you comes from several reliable sources of technical analysis and market predictions. Here are the main links where you can check the details:

📈 CoinCodex: Ethereum price prediction for August 12, 2025 — Estimates that ETH could reach $4,034.33, with an increase of 9.84%.

📊 CoinEdition: Technical analysis for August 7, 2025 — Details the symmetrical triangle pattern and key support and resistance levels.

📉 Coingape: Statistics and technical analysis of Ethereum — Provides a broader view of ETH's behavior in August and its bullish potential.