#Ethereum Price Signal – August 9, 2025
#Ethereum✅ (ETH) is currently trading at $3,918, with technical indicators signaling a continuation of bullish momentum. Below is a breakdown of key market metrics and trend signals:
🔹 $ETH Price Levels
Resistance Zones:
R1: $3,950
R2: $4,100
Key Fibonacci Resistance: $4,106
Support Zones:
S1: $3,800
S2: $3,749
🔹 Trend Indicators
Exponential Moving Averages (4H):
EMA20: $3,749
EMA50: $3,686
EMA100: $3,623
Bullish alignment across short- and mid-term EMAs
Bollinger Bands (4H):
Expanded, indicating sustained volatility and trend continuation
Supertrend (1D):
Bullish above $3,387, reinforcing medium-term upward bias
🔹 Momentum & Volume Metrics
Relative Strength Index (30-min):
59.7, cooling from overbought territory—suggests healthy consolidation
MACD (30-min):
Positive histogram with mild contraction—momentum remains intact
VWAP (30-min):
$3,918, aligning with spot price—serving as a short-term pivot
Open Interest:
$52.69B (+11.98%)
Significant increase with a long bias, indicating growing investor confidence
#Ethereum #ETHETFsApproved #ETH🔥🔥🔥🔥🔥🔥
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Disclaimer: This list is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
(*) This data could be outdated. Research done on: 08-08-2025
Source : TradingView