Forecast for Ethereum (ETH) Price on August 13
Ethereum Hovering Around $4,300-$4,500 as Market Hits New Peaks
The cryptocurrency market is setting new peaks today, according to CoinStats, but Ethereum (ETH) appears to be taking a more cautious approach. Based on an analysis by Denys Serhiichuk on U.Today, the predicted Ethereum price by the end of August 2025 is expected to trade in a sideways range between $4,300 and $4,500.
As of August 21, Ethereum was approaching a local resistance of $4,336. If this resistance is breached, the price could push to around $4,400 shortly. However, the market shows low volume and sideways movement, suggesting no strong trend to immediately push prices beyond this range.
In the short term, if Ethereum breaks local resistance at $4,336, there is a potential for growth toward the $4,400 level. On the other hand, if the daily bar closes with a long wick and below $4,639, it could give bears the initiative, potentially leading to a test of the support by tomorrow.
Looking at the midterm, if support at $4,093 holds and the weekly candle closes strongly above it, further growth toward the $4,800-$5,000 area is possible. If the weekly candle closes around current prices, a test of the vital $5,000 area is expected by the end of the month.
At press time, Ethereum is trading at $4,656, a 4.74% increase over the last 24 hours. However, on the hourly chart, the rate of Ethereum is decreasing after a false breakout of the local resistance of $4,712.
In contrast, the price of Dogecoin (DOGE) is currently declining, but no specific prediction for Dogecoin's price beyond a potential drop to $4,300 and a potential test of the $5,000 area for Ethereum is provided. No reversal signals have been observed yet from a midterm point of view.
In summary, for the end of August, the immediate expectation is Ethereum to hover around $4,300–$4,500, with a cautiously optimistic midterm outlook depending on weekly price action.
- With the predicted price for Ethereum by August 2025 hovering between $4,300 and $4,500, investors in the crypto finance sector are closely watching the trading of Ethereum in the technology-driven market.
- As the cryptocurrency market sets new peaks, experts have predicted a sideways range for Ethereum's price, booking a potential growth toward the $4,400 level if the local resistance at $4,336 is broken.
- Denys Serhiichuk's analysis on U.Today suggests that the midterm outlook for Ethereum remains cautiously optimistic, with a possible test of the $4,800-$5,000 area if support at $4,093 holds and the weekly candle closes strongly above it.
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