Ethereum ($ETH ) Bullish Outlook – August 28, 2025
Current Price: $4,593.69
24h Move: -0.25%
Market Snapshot :
Ethereum is holding strong at $4,553.94, maintaining its position above all major EMAs (7, 25, 99) – a clear signal of ongoing bullish momentum.
7-day EMA ($4,542): Acting as immediate support – recent dip = healthy correction.
25-day EMA ($4,309): Strong secondary support.
99-day EMA ($3,452): Confirms medium-term strength.
What Indicators Reveal :
Momentum: RSI is neutral (stable trend). Stochastic RSI = oversold → bounce likely.
Volume: Recent dip on low volume = no panic selling. Cooling off before next leg up.
Key Levels to Watch :
Resistance: $4,663 – breakout above this = rally continuation.
Support: $4,542 (immediate) and $4,309 (major).
$ETH Price Forecast :
Short-Term (24–48h): Bounce toward $4,663–$4,950 highly probable.
Medium-Term: Dips toward $4,309 = potential buying zone.
Simple Trading Plan :
1. Buy the Dip (Aggressive)
Entry: $4,470–$4,550
Stop Loss: $4,450
Take Profit: $4,660 → $4,800–$4,850
2. Breakout Play (Conservative)
Entry: After close above $4,664
Stop Loss: $4,550
Target: $4,950 zone
> Shorting not advised unless price breaks below $4,309.
Pro Trading Habits :
Always use a stop-loss.
Risk only 1–2% per trade.
Confirm signals on multiple timeframes.
Conclusion :
$ETH remains in a powerful uptrend. The current pullback = healthy correction. As long as key support holds, the path of least resistance is UP.