$ETH Current situation of ETH (Ethereum)
Price around 3,557.62 USD, drop of ~60 USD (~1.7%) since yesterday.
Daily range: 3,490–3,658 USD.
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🔍 Forecast for today
1. Technical analysis & indicators
Investing/TradingView: technical rating for ETH is 'strong buy' for today and in the outlook of the week/month.
Bitget: 13 MA indicators signal buy, 17 generally buy – daily signal: 'Strong buy'.
Oscillators are mixed – RSI is high (~84), MACD buy, but some Stochastics and Williams%R suggest temporary overbought.
Conclusion: growth advantage, but overbought signals may undervalue the potential for an intraday jump.
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2. Short-term forecasts
CoinLore: forecast for tomorrow: 3,561 USD, and for the week 3,571 USD.
Traders Union: +1.36% → 3,608 USD tomorrow, +2.6% → 3,653 USD in 48h; in a week +17.7% → 4,189 USD.
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3. Fundamental and market sentiment
Brave New Coin (today): ETH is rising due to institutional investments, ETF development, and DeFi. Currently in an upward trend, with potential to reach 8,000 USD — although this is rather a medium-term scenario.
Changelly: clear signal – +2.5% tomorrow → 3,728 USD (July 20).
InvestingHaven: average price 2025: ~2,960 USD, but with an influx of institutions, the level of 4,950 USD is realistic.
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🎯 Key price levels
Level Meaning
Support: 3,490–3,550 USD daily, crucial for price adherence.
Resistance barriers: ~3,650–3,700 USD if broken, could push ETH towards ~3,800–4,000 USD.
Potential targets: 3,700–3,750 USD (1–2 days), 4,100–4,200 USD (week) if momentum continues.
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✅ Summary for today
Sentiment: positive, 'buy' signals dominate.
Intraday: movement limited to rises around 3,650–3,700 USD, with possible correction during the day at RSI.
Short-term (2-3 days): possible breakthrough at 3,700 USD → testing around 3,800–4,000 USD.
Medium term: with stable capital inflow, possible levels of 4,100–4,200 USD in a week or two.
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📌 What to watch today
Overbought according to RSI – time for a short correction.
Breakthrough of intraday resistance at 3,650 USD.
Information about ETFs and institutional purchases (larger orders may push the price).
