{"id":9107,"date":"2025-08-28T10:19:05","date_gmt":"2025-08-28T10:19:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/eth-price-prediction-ethereum-trades-7-below-new-ath-chances-for-new-highs-soon\/"},"modified":"2025-08-28T10:19:20","modified_gmt":"2025-08-28T10:19:20","slug":"eth-price-prediction-ethereum-trades-7-below-new-ath-chances-for-new-highs-soon","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/eth-price-prediction-ethereum-trades-7-below-new-ath-chances-for-new-highs-soon\/","title":{"rendered":"ETH price prediction: Ethereum trades ~7% below new ATH, chances for new highs soon"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">This month has been an exciting ride for Ethereum investors, as the crypto surged to new heights not once, but twice.<\/p>\n<p>Riding waves of optimism around spot ETFs and a strong market push, Ethereum (ETH) first climbed to $4,845. Then, just a few days later on August 24, it broke records again, reaching a fresh all-time high of $4,953.<\/p>\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\">\n<p>Table of Contents<\/p>\n<nav>\n<ul>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#current-eth-price-scenario\">Current ETH price scenario<\/a><\/li>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#key-signs-eth-may-slide-below-4-2-k\">ETH price prediction: Key signs ETH may rise toward $5,790<\/a><\/li>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#eth-price-prediction-based-on-recent-liquidations\">ETH price prediction based on the recent situation<\/a><\/li>\n<\/ul>\n<\/nav>\n<\/div>\n<div id=\"cn-block-summary-block_2f1504d1d4fc76de36fe3cc63d2c3c64\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ethereum hit two new highs this month, peaking at $4,953 on August 24, before pulling back to around $4,587 on August 28 \u2014 approximately 7% below its ATH.<\/li>\n<li>Key support at $3,900 is holding firm, acting as a critical level for maintaining bullish momentum and signaling potential for further gains.<\/li>\n<li>Positive catalysts include increased optimism around spot ETF approvals, strong network fundamentals, and institutional demand fueling renewed buying interest.<\/li>\n<li>Technical analysis suggests a bullish setup, with higher highs, strong volume support, and a Fibonacci-based upside target of $5,790.<\/li>\n<li>If ETH maintains support above $3,900, analysts expect a potential rally toward $5,790; a breakdown below this level could trigger a deeper correction.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\" id=\"current-eth-price-scenario\">Current ETH price scenario<\/h2>\n<p>As of August 28, Ethereum is hovering around $4,587, roughly 7% below its fresh all-time high.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">ETH 1-day chart, August 2025 | Source: crypto.news<\/figcaption><\/figure>\n<p>Right now, it\u2019s catching its breath just below that peak, with solid support holding strong around $3,900. This level is a crucial checkpoint for keeping the bulls in charge.<\/p>\n<p>If Ethereum can defend this zone, we could see it gain momentum and push toward the next major target near $5,790, according to the Fibonacci levels.<\/p>\n<h3 class=\"wp-block-heading\">Catalysts: ETH near $4,620, up ~2% on the day<\/h3>\n<p>Ethereum\u2019s getting a lift from some strong tailwinds. Spot ETFs look more likely to get the green light, the network itself is healthy, and institutions are still showing plenty of interest. All these factors are helping spark fresh buying energy, which fits right in with the positive price trends we\u2019re seeing for Ethereum across the market.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The $3,900 support level, previously a resistance barrier, has flipped into a key support zone. Holding this level validates the recent breakout above the previous all-time high and signals a strong bullish structure.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"574\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1756376345_591_ETH-price-prediction-Ethereum-trades-7-below-new-ATH-chances.png\" alt=\"ETH price prediction: Ethereum trades ~7% below new ATH, chances for new highs soon - 2\" class=\"wp-image-14409734\"><figcaption class=\"wp-element-caption\">Ethereum price support established at $3,900 on 1D chart | source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/Ej5RRC0H\/?symbol=BITSTAMP%3AETHUSD\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>Traders are watching this support closely, as a successful retest here will reinforce the market\u2019s confidence in Ethereum\u2019s upward trend, a vital component in many Ethereum crypto price prediction models.<\/p>\n<h2 class=\"wp-block-heading\" id=\"key-signs-eth-may-slide-below-4-2-k\">ETH price prediction: Key signs ETH may rise toward $5,790<\/h2>\n<p>Ethereum looks ready for another upward run, based on some key technical indicators. Traders and analysts are watching closely for certain signals that could confirm the next rally phase. Check out the main signs that could push ETH toward $5,790.<\/p>\n<h3 class=\"wp-block-heading\">Sign 1<\/h3>\n<p>Ethereum\u2019s market structure remains decisively bullish, characterized by higher highs and higher lows. This shows that buyers are in control and suggests there\u2019s room for the price to keep moving up, which backs up the positive Ethereum price forecast.<\/p>\n<h3 class=\"wp-block-heading\">Sign 2<\/h3>\n<p>Volume confirmation during consolidation phases supports the idea that demand is holding steady at key support levels. A volume-backed retest of $3,900 will signal strength to traders.<\/p>\n<h3 class=\"wp-block-heading\">Sign 3<\/h3>\n<p>Looking at recent swings and Fibonacci levels, $5,790 is the next target on the radar. As long as ETH keeps its momentum and demand doesn\u2019t fade, reaching that number seems more and more achievable.<\/p>\n<h2 class=\"wp-block-heading\" id=\"eth-price-prediction-based-on-recent-liquidations\">ETH price prediction based on the recent situation<\/h2>\n<p>Ethereum\u2019s breakout above its prior all-time high has shifted market dynamics strongly bullish. Currently, ETH is consolidating with critical support near $3,900. If this support holds, the path is clear for a potential rally toward the $5,790 Fibonacci extension target.<\/p>\n<p>However, if Ethereum fails to hold $3,900, momentum could weaken, and a deeper correction might unfold, delaying or derailing the next leg up. This scenario would adjust the broader Ethereum projection and require reassessment of current ETH price forecasts.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>This month has been an exciting ride for Ethereum investors, as the crypto surged to new heights not once, but twice. Riding waves of optimism around spot ETFs and a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=9107"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9107\/revisions"}],"predecessor-version":[{"id":9108,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9107\/revisions\/9108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4890"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=9107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=9107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=9107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}