ETH Price Surges to $3,681 as Ethereum Shows Very Strong Bullish Momentum
The post ETH Price Surges to $3,681 as Ethereum Shows Very Strong Bullish Momentum appeared on BitcoinEthereumNews.com.
Tony Kim Jul 25, 2025 00:31 Ethereum trades at $3,681.31 with 1.40% daily gains as ETH RSI hits overbought territory at 76.18, signaling potential consolidation ahead despite strong bullish trend. Quick Take • ETH currently trading at $3,681.31 (+1.40% in 24h) • Ethereum’s RSI reaches overbought levels at 76.18, suggesting potential short-term pullback • Very strong bullish trend intact with price trading well above all major moving averages What’s Driving Ethereum Price Today? The ETH price continues its impressive rally despite the absence of major catalyst events in recent days. With no significant news developments in the past week, Ethereum’s price action appears driven primarily by technical momentum and broader market sentiment supporting the cryptocurrency sector. The sustained bullish pressure on ETH reflects underlying strength in the Ethereum ecosystem, with the current price movement representing a continuation of the longer-term uptrend that has seen Ethereum climb substantially from its 52-week low of $1,473.41. ETH Technical Analysis: Overbought Signals Emerge Amid Strong Bull Trend Ethereum technical analysis reveals a market caught between powerful bullish momentum and emerging overbought conditions. The ETH RSI currently sits at 76.18, well above the traditional overbought threshold of 70, suggesting that Ethereum may be due for a short-term consolidation or pullback. However, the broader technical picture remains overwhelmingly positive. Ethereum’s MACD indicator shows strong bullish momentum with a reading of 300.69, while the MACD histogram at 31.61 confirms that upward momentum is accelerating rather than weakening. The moving average structure provides additional confirmation of the bullish trend. ETH trades significantly above its SMA 200 at $2,480.84, indicating a strong long-term uptrend. More immediately, Ethereum sits above its SMA 20 at $3,237.09, though slightly below the short-term SMA 7 at $3,696.25, suggesting some near-term consolidation. Ethereum’s position within the…