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Ethereum (ETH) Price Prediction for August 9

Sat, 9/08/2025 - 12:46
Has price of Ethereum (ETH) accumulated enough strength for continued upward move?
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Ethereum (ETH) Price Prediction for August 9
Cover image via U.Today

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Almost all top 10 coins keep growing today, according to CoinStats.

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Top coins by CoinStats

ETH/USD

Ethereum (ETH) has gained the most value today, rocketing by 7.67%.

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Image by TradingView

On the hourly chart, the rate of ETH has made a false breakout of the formed resistance of $4,238. As most of the daily ATR has been passed, any sharp moves are unlikely to happen by the end of the day. 

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Image by TradingView

On the bigger time frame, the price of the main altcoin is rising after a breakout of the resistance of $3,941.

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If the bar closes with no long wick, the growth may continue to the $4,400 mark shortly.

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Image by TradingView

From the midterm point of view, the picture is also bullish. If the rate remains above the nearest level of $4,093, there might be enough energy for a test of the $4,500 range by the end of the month.

Ethereum is trading at $4,205 at press time.

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