Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

All Eyes on the Jackson Hole Meeting in Bitcoin and the Markets! What Will Fed Chair Jerome Powell Speak? Here Are the Predictions and…

31/08/2025

Orochi Network Partners with RWA Inc. to Bolster RWA Innovation in Web3

31/08/2025

The great MSTR Ponzi scheme debate

31/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum Price Aims at $5,000 As Exchange Balance Falls To 9-Year Low

    31/08/2025

    The 7 Largest Publicly Traded Ethereum Treasury Firms

    31/08/2025

    How a Hyperliquid Trader Made $30 Million in Just 4 Months

    31/08/2025

    Ethereum Rainbow Chart predicts ETH price for August 31, 2025

    31/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    NFT sales plunge to $129.6m, Pudgy Penguins jump 63%

    31/08/2025

    PENGU token loses 20% in August amid Pudgy Party game launch

    30/08/2025

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    27/08/2025

    Blue chip NFTs sink double digits as ETH retreats from record highs

    26/08/2025

    All Eyes on the Jackson Hole Meeting in Bitcoin and the Markets! What Will Fed Chair Jerome Powell Speak? Here Are the Predictions and…

    31/08/2025

    Orochi Network Partners with RWA Inc. to Bolster RWA Innovation in Web3

    31/08/2025

    The great MSTR Ponzi scheme debate

    31/08/2025

    Thrive XION Unveils Investment Program to Drive Mainstream Blockchain Adoption

    31/08/2025
  • Blockchain

    Orochi Network Partners with RWA Inc. to Bolster RWA Innovation in Web3

    31/08/2025

    Thrive XION Unveils Investment Program to Drive Mainstream Blockchain Adoption

    31/08/2025

    USDC expands reach with native launch on XDC Network 

    31/08/2025

    Tether Provides Update on Transition Plan for Legacy Blockchains

    31/08/2025

    the tokenization of bars is born on the Bitcoin blockchain

    31/08/2025
  • DeFi

    Unpacking the Massive $400M Move from HTX

    31/08/2025

    Sanctum V2 expands to Solana’s transaction delivery layer

    31/08/2025

    Decentralized Auction Platform AI-Auctions Partners with ArtGis Finance to Power Web3 Auction in DeFi

    31/08/2025

    Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration

    31/08/2025

    Complete Guide to Cross-Chain Trading

    30/08/2025
  • Metaverse

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025
  • Regulation

    All Eyes on the Jackson Hole Meeting in Bitcoin and the Markets! What Will Fed Chair Jerome Powell Speak? Here Are the Predictions and…

    31/08/2025

    The great MSTR Ponzi scheme debate

    31/08/2025

    WisdomTree RWA Fund Surges Over 700% Since May to $931M

    31/08/2025

    Bullish market momentum fails to sway global fund managers toward crypto, survey shows

    31/08/2025

    Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization

    31/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    On-chain data has revealed a surge in stablecoin inflows to Binance exceeding $1.5B

    30/08/2025

    Thailand Taps KuCoin as First Global Exchange for Tokenized Bond Program

    30/08/2025

    MEXC Responds to The White Whale’s $3 Million Allegations

    30/08/2025

    Webull offers crypto trading in Australia days after US re-launch

    30/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

    29/08/2025

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    28/08/2025

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    28/08/2025

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    28/08/2025

    A Remarkable 89.2 BTC Mined in Seven Days

    31/08/2025

    Bitcoin Miners Make a Sextillion Hashes per Second the New Standard

    30/08/2025

    Bitcoin Hashrate Rockets to New Heights, Smashing Through 980 EH/s Barrier

    30/08/2025

    Auto Giant Unveils Impressive 153 BTC Haul

    30/08/2025

    Tether CEO Paolo Ardoino And Advisor Bo Hines Discuss U.S. Stablecoins

    30/08/2025

    India Intensifies Tax Scrutiny on Past Crypto Activity and Unreported Assets

    30/08/2025

    Bank of Russia prepares stricter rules for crypto operations

    30/08/2025

    Japan Reveals 2026 Tax Reform, Including Crypto Measures

    30/08/2025

    All Eyes on the Jackson Hole Meeting in Bitcoin and the Markets! What Will Fed Chair Jerome Powell Speak? Here Are the Predictions and…

    31/08/2025

    Orochi Network Partners with RWA Inc. to Bolster RWA Innovation in Web3

    31/08/2025

    The great MSTR Ponzi scheme debate

    31/08/2025

    Thrive XION Unveils Investment Program to Drive Mainstream Blockchain Adoption

    31/08/2025
  • MarketCap
NBTC News
Home»Ethereum»Ethereum (ETH) Price Prediction for July 8
Ethereum

Ethereum (ETH) Price Prediction for July 8

NBTCBy NBTC11/07/2025No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


After a sharp climb last week, Ethereum price today is stabilizing just below the $2,600 mark. The short-term structure is forming a tight range as buyers attempt to hold key moving averages while watching volume signals for a potential breakout above local resistance.

What’s Happening With Ethereum’s Price?

ETHUSD price dynamics (Source: TradingView)

On the 30-minute and 4-hour charts, Ethereum price has been consolidating between $2,560 and $2,590 after a sharp breakout on July 6. Price is riding along the mid-line of Bollinger Bands while staying above the VWAP and Parabolic SAR flip levels near $2,572 and $2,565, respectively. This suggests ongoing buyer interest despite a lack of immediate momentum.

ETHUSD price dynamics (Source: TradingView)

The 4-hour Bollinger Bands have slightly expanded, allowing ETH to stretch higher without immediate rejection. Notably, the price is holding above the 20, 50, 100, and 200 EMAs, which are now stacked in a bullish alignment between $2,541 and $2,497. This dynamic cluster reinforces support and hints at a potential continuation setup.

Why Ethereum Price Going Up Today?

ETHUSD price dynamics (Source: TradingView)

The mild upward bias in Ethereum price today is supported by a favorable mix of momentum and derivatives positioning. On the 30-minute chart, RSI holds at 56.2, indicating moderate bullish momentum without being overbought. MACD is near a neutral crossover, suggesting consolidation rather than active selling.

ETHUSD price dynamics (Source: TradingView)

From a Smart Money Concepts (SMC) view, ETH has held above its most recent BOS (break of structure) and internal CHoCH levels near $2,540, while forming equal highs around $2,600. This offers a bullish context if price can reclaim and close above $2,590.

ETH Derivative Analysis (Source: Coinglass)

In the derivatives market, Coinglass data shows a 128% surge in ETH trading volume to $48.49B, with open interest up by nearly 5% and options volume jumping 72%. Binance top trader long/short ratios are significantly skewed (3.17), reflecting long-heavy positioning and confidence in upside continuation.

ETH Price Indicators Signal Compression Breakout Potential

ETHUSD price dynamics (Source: TradingView)

The daily chart highlights ETH consolidating above the Bull Market Support Band ($2,194–$2,407), which it reclaimed in June. This historically acts as a macro trend guide, and price holding above it adds confidence to the current bullish setup.

ETHUSD price dynamics (Source: TradingView)

Meanwhile, Fibonacci pivot levels on the daily chart show ETH trading near PF1 0.5 S support (~$2,582), within a rising channel. If this base holds, a move toward R3 ($2,697) and R4 ($2,908) becomes increasingly likely.

ETHUSD price dynamics (Source: TradingView)

From a longer-term perspective, the monthly chart reveals ETH is battling a key intersection of trendlines near $2,550. A monthly close above this zone would confirm a macro breakout and unlock upside toward $3,284 and $4,089, the next major liquidity pockets.

ETH Price Prediction: Short-Term Outlook (24H)

Ethereum price is now entering a squeeze zone between $2,565 and $2,595, with several intraday wicks attempting to break higher. A successful breakout with volume above $2,600 could open the door toward $2,697 (R3) and $2,745, where prior supply remains thick.

On the downside, failure to hold $2,560 may prompt a retest of the EMA cluster around $2,540 and $2,514. Below that, a deeper pullback could target the $2,475–$2,500 support zone, which aligns with prior VWAP levels and mid-Bollinger support.

Given the tightening range, bullish derivatives bias, and macro support reclaim, ETH appears to be coiling for a move. Traders should watch for volume expansion and a breakout above the $2,600 level to confirm continuation.

Ethereum Price Forecast Table: July 8, 2025

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.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Ethereum Price Aims at $5,000 As Exchange Balance Falls To 9-Year Low

31/08/2025

The 7 Largest Publicly Traded Ethereum Treasury Firms

31/08/2025

How a Hyperliquid Trader Made $30 Million in Just 4 Months

31/08/2025

Ethereum Rainbow Chart predicts ETH price for August 31, 2025

31/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

All Eyes on the Jackson Hole Meeting in Bitcoin and the Markets! What Will Fed Chair Jerome Powell Speak? Here Are the Predictions and…

31/08/2025

Orochi Network Partners with RWA Inc. to Bolster RWA Innovation in Web3

31/08/2025

The great MSTR Ponzi scheme debate

31/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.