Ethereum’s rally shows no sign of slowing as Ethereum price today trades around $4,674 after a sharp upside break this week. The move has pushed ETH to its highest point since early 2022, just below the $4,869 resistance zone that is seen on the weekly chart. Traders are keeping an eye on the bulls to see if they can keep this run going or if the rally will stop for a while to settle down.
Ethereum Price Forecast Table: August 14, 2025
What’s Happening with Ethereum’s Price?
ETH price dynamics (Source: TradingView)
When Ethereum broke above the $4,092 resistance level on the daily chart, it caused a clear “Change of Character” (CHoCH) in Smart Money Concepts terms, which confirmed a bullish shift. The price has shot up to a “Weak High” at $4,869, which is a level that gets tested again when momentum is this strong.
ETH price dynamics (Source: TradingView)
The Supertrend indicator on the 4-hour chart shows a steady rise, and it stays bullish with its flip level at $4,386.31. The Directional Movement Index (DMI) shows that +DI is at 45.66, which is much higher than –DI at 9.87. This means that buyers have strong control over the direction.
ETH price dynamics (Source: TradingView)
Weekly volume profile highlights the $4,869 to $4,870 band as a high-volume resistance area. The next significant liquidity gap is above this zone, which suggests a breakout could accelerate the move.
Why Ethereum Price Going up Today?
ETH price dynamics (Source: TradingView)
Both technical and market flow factors are driving Ethereum’s strength. On the intraday 30-minute chart, ETH broke free from a consolidation triangle on August 12 and cleared the $4,400 supply zone with an explosive move. VWAP readings show $4,656.09 (upper band) and $4,626.03 (midline), with price now holding above both, a clear sign of intraday bullish control.
ETH price dynamics (Source: TradingView)
RSI (14) in this timeframe is at 76.14, indicating overbought conditions, but in strong trends, such readings often persist for longer. The rise also coincides with a jump in derivatives activity.
ETH Derivative Analysis (Source: Coinglass)
Coinglass data for August 13 shows open interest up 13.83 percent to $64.36B, while options volume spiked 43.29 percent to $3.79B. Long/short ratios remain positive, with Binance top trader positions heavily skewed long at 3.11.
EMA Cluster and Keltner Channels Confirm Momentum
ETH price dynamics (Source: TradingView)
On the 4-hour chart, Ethereum trades above all major EMAs. EMA20 is at $4,357.01, EMA50 at $4,125.27, EMA100 at $3,922.84, and EMA200 at $3,640.32. This stacked configuration supports sustained upside.
Keltner Channels (KC 20,2) show the upper band at $4,540.95, with ETH comfortably trading above it. This indicates strong momentum. Typically, such moves are followed by either continuation surges or brief pullbacks toward the upper channel before resuming trend.
Volume profile on the weekly chart also shows ETH has broken above the $4,092 high-volume node, leaving limited resistance before the $4,869 top.
Ethereum Price Prediction: Short-Term Outlook (24h)
If ETH sustains above $4,656, bulls could make a direct push toward $4,750 and then $4,869. A breakout above $4,869 would put $5,000 in view, especially with derivatives positioning strongly favoring longs.
If profit-taking sets in, first support lies at $4,540 (Keltner upper band) followed by $4,386 (Supertrend support). A drop below $4,386 would be the first sign that short-term momentum is fading, with deeper support at $4,092.
Given the combination of strong trend structure, rising open interest, and bullish EMAs, the bias for the next 24 hours remains bullish, with traders watching the $4,869 level closely.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
