Ethereum (ETH) Key Support and Resistance Levels for June 2025:
Support Levels:
$2,450 – $2,500: This zone serves as immediate support. A drop below this range could lead to further declines.
$2,100: In a bearish scenario, if selling pressure intensifies, ETH could test this lower support level.
Resistance Levels:
$2,700: A key resistance level; a breakout above this could signal further bullish momentum.
$2,750 – $2,800: Additional resistance levels that could challenge upward movements.
$3,000: A psychological barrier and significant resistance point; surpassing this could open the path to higher targets.
$3,550: A major resistance level; breaking this could lead to targets around $3,717 or even $3,897.
Technical Indicators:
Relative Strength Index (RSI): Currently at 62, suggesting room for further upside before reaching overbought conditions.
Moving Averages: ETH is trading above its 20/50/100/200-day EMAs, indicating a strong bullish trend.
Bullish Flag Pattern: A potential bullish flag pattern has formed; confirmation could drive the price to around $3,879.58.
Conclusion:
Ethereum's technical outlook for June 2025 appears bullish, with key resistance levels to watch at $2,700, $2,750–$2,800, $3,000, and $3,550. Support levels at $2,450–$2,500 and $2,100 are crucial to maintain the uptrend. Technical indicators support the possibility of further gains, but traders should remain cautious of potential pullbacks and monitor market developments closely.