#ETH

๐Ÿ” 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

๐Ÿ“ˆ 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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๐Ÿ”ฎ 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.

โš ๏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.

๐Ÿ“Œ 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)