Technical analysis prediction for $ETH 's next move, including key levels and stop-loss
As of August 8, 2025, Ethereum ($ETH) is trading around $3,912.80, reflecting a 6.28% increase over the previous close.
Technical Analysis Overview
ETH has demonstrated strong recovery momentum, trading above key moving averages:
EMA(25): $3,452.90
EMA(99): $2,866.92
It is currently testing resistance near the EMA(7) at $3,576.96 and the 24-hour high of $3,576.07, indicating a potential breakout. Binance
Key Support and Resistance Levels
Support Zones
$3,546
$3,484
Resistance Zones
$3,605
$3,694
A daily close above $3,605, accompanied by an RSI above 50 and trading volume exceeding 500K ETH, could confirm a breakout.
Momentum Indicators
Relative Strength Index (RSI): Neutral at 53.13, suggesting neither overbought nor oversold conditions.
MACD (4H): Flat, indicating a lack of clear momentum.
Bollinger Bands (4H): Tightening, which often precedes a volatility expansion.
Trade Strategy Recommendations
Bullish Scenario
Entry Point: Upon a confirmed breakout above $3,605 with strong volume.
Stop-Loss: $3,580
Take-Profit Targets:
TP1: $3,694
TP2: $3,941
Bearish Scenario
Entry Point: If ETH closes below $3,484 with increasing volume.
Stop-Loss: $3,510
Take-Profit Targets:
TP1: $3,329
TP2: $3,000
Market Sentiment and Outlook
The current market sentiment for Ethereum is cautiously optimistic. Analysts suggest that if Ethereum surpasses and consolidates above the $4,000 resistance, it could rapidly advance to $6,000, with the $8,000 mark potentially in sight. However, a decisive daily close above $4,000 is necessary to confirm this upward trajectory.
Institutional interest, robust fundamentals following the Dencun upgrade, and growth in Layer 2 solutions are contributing to this bullish outlook. Nevertheless, traders should remain vigilant for any signs of bearish divergence or breakdowns below key support level.
⚠️ Risk Management Guidelines
Position Sizing: Limit to a maximum of 4% of your trading capital.
Leverage: Use up to 5x leverage only for confirmed breakout scenarios; avoid leverage in sideways markets.
Monitoring: Keep an eye on Ethereum gas fees, staking flows, Bitcoin correlation, and any news related to $ETH ETFs.
Ethereum's Potential Surge: Analysts Eye $8,000 Target.
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