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Reading: Ethereum (ETH) price forecast for August 23rd
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Ethereum

Ethereum (ETH) price forecast for August 23rd

August 26, 2025 1 Min Read
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Based on Coinmarketcap, most cash stay bullish in the beginning of the weekend.

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ETH/USD

Ethereum (ETH) has acquired loads of worth in the present day, shedding greater than 9%.

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On the hourly chart, the ETH fee is in the midst of the native channel, between $4,659 in assist and $4,817 in resistance. As neither facet has management, there may be unlikely to be any sharp actions by tomorrow.

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In a bigger timeframe, it is advisable take note of the closest stage of $4,783. If the primary Altcoin value returns above it, merchants might witness additional development within the psychological $5,000 mark.

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From a medium-term perspective, ETH speeds made a false breakout of the height shaped in November 2021.

If weekly candles shut removed from it, the Bears might seize the initiative. This might result in testing within the $4,500 vary by the top of the month.

Ethereum trades at $4,718 at press time.

See also  Ethereum price is gradually forming a risk pattern
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Reading: Ethereum (ETH) price forecast for August 23rd
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