๐จ ETH/USDT Analysis โ Bulls Charging Ahead? ๐จ
๐ Price: $2,793.42 (+2.11%)
๐ Date: June 11, 2025
๐Chart Breakdown Below ๐
๐ข Momentum Building
ETH just broke through a minor resistance and surged above $2,780, showing strong bullish momentum. The price briefly touched $2,834.86, with Parabolic SAR confirming the upward trend (SAR: 2,758.03).
๐ Technical Indicators Speak
EMA(7) & EMA(25): Bullish crossover, with 7 EMA at 2791.63 above the 25 EMA at 2783.48 โ indicating short-term bullish pressure.
RSI(6): 54.56 โ Neutral, room to grow before overbought territory.
Stoch RSI: ๐ 71.94 and rising โ signs of a continuation if bulls hold!
MACD: Bullish crossover detected (MACD: 1.68, Signal: 3.19).
OBV: Increasing slightly, suggesting rising volume interest.
๐ Watch Closely:
Support: $2,755
Resistance: $2,834 & $2,840
A breakout above $2,840 could trigger a mini altcoin rally!
๐ง What to Expect?
ETH is eyeing $2,850+ in the short term if bulls maintain pressure. If RSI continues to rise and volume stays strong, we could see a push toward $2,900 by weekโs end.
โก๏ธETH is warming up โ will it spark the next leg for altcoin season?
๐ Letโs hear from the ETH gang!
๐ฌ Drop your target below ๐ฝ
๐ Smash that like if you're loading ETH!
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