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FX.co ★ Ethereum has the potential to strengthen today, heading towards its nearest resistance level. Friday, August 22, 2025.

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Crypto Analysis:::2025-08-22T04:49:34

Ethereum has the potential to strengthen today, heading towards its nearest resistance level. Friday, August 22, 2025.

[Ethereum] – [Friday, August 22, 2025]

Although the two EMAs are still crossing the Death Cross, the RSI is already at the Neutral Bullish level, accompanied by the appearance of a Bullish Divergence, indicating that Ethereum has the potential to strengthen in the near future.

Key Levels

1. Resistance 2: 4446.81.

2. Resistance 1: 4343.34.

3. Pivot: 4273.70.

4. Support 1: 4170.23.

5. Support 2: 4100.59.

Tactical Scenario

Positive Reaction Zone: If Ethereum breaks through and closes above 4273.70, the cryptocurrency has the potential to continue strengthening to 4343.34.

Momentum Extension Bias: If level 4343.34 is successfully broken through and closes above it, Ethereum could test the next resistance level at 4446.81.

Invalidation Level / Bias Revision

Upside bias weakens if the price suddenly falls to break through and closes below 4100.59.

Technical Summary

EMA(50): 4261.70.

EMA(200): 4289.61.

RSI(14): 54.70.

Economic News Release Agenda:

There are no economic data releases from the United States today, but there will be a speech by Powell,Chairman of the Fed, at 21:00 WIB, and US President Donald Trump will speak at 23:00 WIB.

Ethereum has the potential to strengthen today, heading towards its nearest resistance level. Friday, August 22, 2025.

Analyst InstaForex
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