📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
AI predicts Ethereum price for August 1, 2025
Ethereum (ETH) has been outpacing its competitors in recent weeks thanks to growing institutional interest and exchange-traded fund (ETF) inflows.
At press time, ETH was trading at $3,674, up almost 62.39% in the past month, with a market cap of approximately $444.54 billion, as per CoinMarketCap.
CoinMarketCapAccording to Finbold’s AI price prediction model, ETH price could reach $3,800 by August 31 (a +3.41% increase from the current price)
Likewise, while the MACD signal line is rising and thus implying continued upward momentum, the MACD histogram slope has flattened to 1.138, hinting that the pace of the momentum is slowing.
Short-term indicators are signaling overextension. The 7-day RSI is hovering near 80, down from a high of 87 last month. While still in overbought territory, the declining RSI alongside rising prices points to a bearish divergence often seen as foreboding a consolidation or a pullback
Similarly, the Stochastic Oscillator remains elevated between 83 and 89, further supporting the view that ETH may be nearing a short-term peak.
Ethereum trading volume
Meanwhile, Ethereum’s 24-hour trading volume has dropped more than 20%, now sitting at $37.28 billion, according to CoinMarketCap
CoinMarketCapTotal futures open interest (OI), i.e., the total number of active contracts (futures or options) that haven’t been settled or closed, has also dropped by 3.16% in the past day, as indicated by CoinGlass data. This might signal a short squeeze unwind.
CoinGlass Taken alongside the mixed technical indicators, these numbers support a cautiously optimistic outlook and a modest potential upside, as predicted by the AI.
Featured image via Shutterstock
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