Ethereum (ETH) Price Prediction for July 24

Key Points

1. Ethereum has formed a symmetrical triangle on the 4-hour chart, with price action between $3,665 and $3,790.

2. On-balance volume (OBV) remains elevated at 1.24 billion, indicating consistent spot accumulation.

3. Intraday rejection from $3,790 has caused short-term downward pressure, but capital flows remain net positive (+$8.79M).

4. Bollinger Bands and EMAs suggest a volatility squeeze, with a potential breakout above $3,790 or pullback to $3,625.

5. Key support levels include the 20/50 EMA cluster ($3,625) and the 100 EMA ($3,484), while resistance zones are at $3,790 and $4,120–$4,180.