The Ethereum price is consolidating near $4,648 following a sharp rally that brought it close to the $4,793 resistance zone. After weeks of steady gains inside a rising channel, ETH is showing signs of maintaining its bullish structure while digesting recent gains. The market’s focus now is whether buyers can sustain this momentum to target the next major breakout level. Ethereum Price Forecast Table: August 16, 2025 Indicator/Zone Level / Signal Ethereum price today $4,648.98 Resistance 1 $4,793 (weak high) Resistance 2 $4,950 Resistance 3 $5,000 psychological Support 1 $4,573.87 (20 EMA) Support 2 $4,477.29 (Supertrend) Support 3 $4,343.14 (50 EMA) EMA Cluster (4H) Bullishly aligned CMF (4H) 0.35 (strong inflow) MFI (14) 44.47 (neutral) VWAP (30-min) $4,629 (supportive) Spot Netflow +$90.15M (bullish) What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 4-hour chart, ETH continues to trade within a well-defined ascending channel. The price recently bounced from the channel’s lower bound near $4,570, in line with the 20 EMA at $4,573.87 and the Supertrend flip level at $4,477.29, reinforcing the short-term uptrend. Key support zones fro… The post Ethereum (ETH) Price Prediction for August 16 appeared first on Coin Edition .