The second-largest cryptocurrency has again defended its broader green uptrend line, while the multiple purple support zone around the 38% Fibonacci retracement acted as additional support. This has allowed Ethereum to continue outperforming Bitcoin (BTC) in 2025. Interest in the ecosystem is further supported by strong growth in real-world assets (RWA). At the same time, open interest on CME and centralized exchanges remains elevated.
As long as ETH trades above the green uptrend line near $4,440, the focus remains on last week’s high. A breakout above the horizontal resistance at $4,605 would shift attention back to the green resistance zone between $4,782–$4,864. A failure at the 38% Fibonacci retracement around $4,349 would signal further downside, with a close below this purple support opening the way toward $4,229.
Ethereum: Bullish price forecast targets for the coming weeks
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$4,605
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$4,782–$4,865
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$5,135
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$5,444
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$5,769–$5,948
Buyers used the dip toward $4,349 for renewed entries, lifting ETH back to $4,605. Reclaiming this level is key to targeting last week’s highs again. The area between $4,797–$4,865 remains a crucial threshold for a trend continuation. Only a clear breakout above this resistance would increase the likelihood of a move toward the 138% Fibonacci projection at $5,135.
If ETH stabilizes above the green resistance, an extension to $5,444 is possible, followed by the maximum bullish target between $5,769–$5,948, derived from broader Fibonacci extensions.
Ethereum: Bearish price forecast targets for the coming weeks
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$4,388–$4,349
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$4,229
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$4,074
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$4,023–$3,945
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$3,875–$3,849
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$3,723
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$3,549–$3,500
The push toward $5,000 failed over the weekend due to insufficient trading volume, leading to a rejection back to the 20-day EMA. Sellers then defended the $4,605 resistance. Unless ETH can close above this level, bears may target the uptrend line around $4,440. A breakdown there would bring $4,229 back into play, with further downside risk toward $4,074 or the blue support zone between $4,023–$3,945.
If weakness extends into September, ETH could revisit the $3,875–$3,849 zone, and potentially even the $3,549–$3,500 area — the maximum bearish target for the next month.
Ethereum: Indicator view
The daily RSI remains above neutral, keeping a technical buy signal intact, but without reclaiming its 14-day average at 60, momentum for a push back to recent highs is limited. On the weekly chart, RSI is slightly lower but the uptrend remains intact. On the monthly horizon, Ethereum still has room for further gains.