#ETH
๐ Current Market Overview
Price Range (24h): $2,621.60 โ $2,771.29
Market Cap: $321.09 billion
24h Trading Volume: $27.33 billion
Circulating Supply: 120.72 million ETH
๐ Technical Analysis
Bullish Indicators:
Ascending Triangle Formation: ETH has formed a bullish ascending triangle pattern. A breakout above the $2,738 resistance could propel the price towards $3,000 and potentially up to $3,153.
Fibonacci Retracement Levels: The price is currently consolidating just below the 0.5 Fibonacci retracement level at $2,745, derived from the swing high of $4,100 to the March 2025 low of approximately $1,385. A sustained move above this level could indicate a continuation of the bullish trend.
Bearish Indicators:
Resistance at $2,780โ$2,810: ETH is struggling to break and hold above this resistance zone. A false breakout followed by a sharp rejection could lead to a retracement towards the 50% Fibonacci level around $2,350 or the optimal trade entry (OTE) zone between $2,300 and $2,250.
Support Levels: If the price falls below the 20-day EMA at $2,467, it may decline further to $2,323 and potentially to $2,111, negating the bullish setup.
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๐ฎ Price Predictions
Short-Term (Next 30 Days): ETH is projected to increase by approximately 5%, potentially reaching $2,681.30 by June 28, 2025.
Mid-Term (2025): Predictions suggest ETH could reach up to $3,190, with an average price around $3,667. In a bullish scenario, it might even hit $6,660.
Long-Term (2030): Forecasts indicate a potential high of $15,575.21, with an average price of $14,163.01.
โ ๏ธ Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always conduct your own research and consult with a financial advisor before making investment decisions.
๐ Key Levels to Watch
Trend Breakout Level Target Price Support Levels
Bullish $2,738 $3,000โ$3,153 $2,467
Bearish Below $2,467 $2,323โ$2,111 $2,350โ$2,250 (OTE zone)