Ethereum News Today: Ethereum Surges 2.07% to $3,788 as Bullish Momentum Builds

Generated by AI AgentCoin World
Monday, Jul 21, 2025 9:50 am ET1min read
ETH
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Aime RobotAime Summary

- Ethereum surged 2.07% to $3,788 on July 21, 2025, nearing $3,820 resistance.

- Institutional demand and $3.28B ETF inflows boost momentum toward $4,000.

- Analysts predict a potential 2x-3x rise to $7,474–$11,212 by year-end if support holds above $3,675.

Ethereum (ETH) has been a focal point in the cryptocurrency market, with its price movements closely watched by analysts and traders. On July 21, 2025,

Ethereum
saw a notable increase, with its price rising by 2.07% over the last 24 hours. At the time of reporting, Ethereum was trading at approximately $3,788.

The bullish trend of Ethereum is evident on the hourly chart, where the price is nearing a local resistance level of $3,820. A breakout above this level could propel the price towards $3,900. On a longer time frame, Ethereum's price has been on a steady upward trajectory, with no immediate crucial levels nearby. The focus is on the bar closure in relation to yesterday's candle peak. If the closure occurs around or above this peak, traders anticipate an ongoing rise to the vital $4,000 mark.

From a mid-term perspective, the nearest support level to monitor is $3,675. As long as the price of Ethereum remains above this level, buyers are expected to maintain control of the market. This scenario suggests a possibility of testing the resistance level by the end of the month.

The upward momentum of Ethereum is further bolstered by its increasing dominance, which has jumped to 11.5%. This dominance, coupled with the bullish sentiment, has led analysts to predict that Ethereum could reach between $7,474 and $11,212 by the end of the year, representing a potential 2x to 3x surge from its current price.

Institutional demand for Ethereum has also been growing, with $3.28 billion in July ETF inflows driving the momentum towards the $4,000 resistance level. This institutional interest, combined with the technical indicators, suggests that Ethereum is poised for further gains in the coming days and weeks.

Analysts have also predicted that if Ethereum's price breaks above the $3,820 resistance level, it could surge towards $4,096 in the near future. Conversely, if the rally stalls, support levels at $3,680 and below could come into play. The overall sentiment remains bullish, with many analysts and traders expecting Ethereum to continue its upward trajectory in the near term.