Ethereum (ETH), the world’s second-biggest crypto, is sitting near a big price level: $3,720. This is a key spot traders are watching closely. If ethereum price usd pushes above this level with good strength and volume, it could spark a 10% price jump, sending ETH up to around $4,100 soon.
Why $3,720 Is a Big Deal
$3,720 isn’t random, it’s a price where sellers often step in to stop ETH’s climb. Think of it like a door that needs to open for buyers to flood in. If ETH Price USD breaks through, expect buying pressure to boost the price quickly. Fail the break, and ETH may just chill or dip a little.
This level also lines up with important technical signals traders watch:
- Moving averages (like EMA7 and EMA25) show strong support between $3,600-$3,620, helping bulls hold the line.
- The Relative Strength Index (RSI) is around 46, meaning ETH isn’t overbought and has room to climb.
- Stochastic RSI hints a bounce back is likely, since ETH is close to oversold in shorter timeframes.
What the Charts and Experts Are Saying
ETH recently bounced off support near $3,400 and has been steady near $3,600-$3,620,a solid floor. Analysts say if $3,720 breaks with good volume, ETH could rally toward $4,090 to $4,100, about a 10% gain. Some forecasts are even more bullish, with potential targets around $4,300 or higher heading into late August or September 2025. But watch out: if ETH fails support below $3,540, it could slide toward $3,350 or further in a correction.
The daily uptrend remains clear, suggesting ETH is likely to rise to the next resistance near $3,800, backed by Fibonacci retracement levels reinforcing support zones around $3,400.
Market Mood and Volume Matter
The market shows mixed vibes short-term sellers have been active at $3,720 resistance, and trading volume has been a bit light. Volume is key: without enough buyer pressure to back a breakout, price moves can fail or reverse.
Recent data from futures markets show that sellers have dominated order books lately, pushing the buy/sell taker ratio negative. This means right now, sellers are a bit stronger short-term, but such phases often come after big rallies and can lead to consolidation before the next move.
If buyers push through $3,720 with strong volume and hold it, momentum traders will likely jump in fast, driving ETH higher quickly.
Key Technical Levels to Watch Closely
- Support Zone: $3,540 to $3,620 has been a strong floor recently, with EMA25 around $3,484 providing additional support.
- Immediate Resistance: $3,720 is the main battleground; breaking and closing above this level on strong volume is crucial.
- Higher Resistances: $3,800 and $3,880 are next hurdles on the way up, with $3,940 being a previous peak worth watching.
- Bearish Signal: If price slips below $3,540, ETH might revisit $3,350 or even $3,300 support zones.
Quick Trading Tips
- Buy near $3,550 to $3,600, close to support levels.
- Set stop-losses just below $3,530 to avoid big losses on sudden dips.
- Wait for a daily close above $3,720 with good volume before scaling up long positions.
- Watch for slowing momentum at $3,800 and $3,880, which could cause short pauses or pullbacks.
The Bigger Picture: Why ETH’s Future Looks Bright
Beyond the short-term, Ethereum’s strong fundamentals keep the long-term outlook positive: Layer-2 upgrades like Rollups continue improving Ethereum’s speed and cutting down fees, making it more usable. DeFi and NFT ecosystems on Ethereum remain highly active, driving real network demand.
Institutional interest and corporate treasury adoption of ETH provide solid backing, boosting investor confidence. Recent spikes in Ethereum transactions reaching near-record levels (~1.87 million transactions in early August 2025) showcase strong adoption and on-chain activity, which typically supports price appreciation.
Summary
ETH is at an important crossroads near $3,720 resistance. Break it with good volume, and we could see a quick 10% rally to $4,100+ soon. Fail, and expect some sideways action or a dip toward $3,500 or lower.
Watch simple signals like moving averages, RSI, volume, and price action around $3,600-$3,720. These will show whether bulls or bears are calling the shots next.
