$ETH August 12, 2025
The asset has been trading in an uptrend for a long time, remaining above the 50/200 EMA, with RSI on the 4h/1d/1w timeframes partially overheated. The 1m RSI still has potential for continued growth, which is also confirmed by the Ichimoku indicator.
Key support and resistance zones:
Support:
The 3,827 – 4,085 range was a key support level, which has been broken, and the price has firmly consolidated above this price range.
Pullbacks to retest support in this range are possible. If it breaks back below, the price may return to the 3,200 level, after which a correction to the upside (LONG) is highly likely. However, on a global scale, this could also signal a reversal of the positive trend and open the possibility for ETH to move toward its ATH.
Resistance:
The global resistance is the ATH zone, specifically 4,570 – 4,845.
Based on the 1m timeframe chart, the accumulation potential suggests that if this level is broken (unlikely on the first attempt), ETH could reach $5,642 per token.