Ethereum Price Update August 6

According to the monthly chart, Ethereum has created a Fair Value Gap (FVG). If you want to enter with a perfect sniper entry, then placing a buy order between $3,200 and $3,130 could be a smart move.

This price zone will likely appear soon possibly within this month. Based on that, you can also consider buying your favourite altcoins. This might be the last and best opportunity before the altcoin season begins and prices move higher.

The next Ethereum target could be between $6,000 and $6,400. During this phase, you may see small retracements, which are completely normal. There’s no need to panic or feel afraid.

Stay focused and follow your plan.

Disclaimer: I’m not a financial advisor. Please do your own research before investing.$ETH

ETH

1,978.3

-3.95%