📊 Ethereum Technical Analysis | August 8, 2025
Ethereum has shown a strong bullish reaction after bouncing from the key $3,893 support zone, confirming the move with a solid bullish candle. If this support holds and further bullish signals appear, the next upside targets will be:
$4,088
$4,140
And potentially $4,291.
🔻 However, if the $3,893 support fails and price closes below it, the next important support to watch is around $3,757, which could act as a barrier against deeper declines.
📌 Summary:
Holding above $3,893 keeps the bullish scenario alive for Ethereum, while losing this level may increase selling pressure. Mark these key levels on your chart to make more precise trading decisions.
Ethereum has shown a strong bullish reaction after bouncing from the key $3,893 support zone, confirming the move with a solid bullish candle. If this support holds and further bullish signals appear, the next upside targets will be:
$4,088
$4,140
And potentially $4,291.
🔻 However, if the $3,893 support fails and price closes below it, the next important support to watch is around $3,757, which could act as a barrier against deeper declines.
📌 Summary:
Holding above $3,893 keeps the bullish scenario alive for Ethereum, while losing this level may increase selling pressure. Mark these key levels on your chart to make more precise trading decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.