$ETH

As of June 13, 2025, Ethereum (ETH) is trading at approximately $2,542.60, reflecting a recent decline of about 7.36% from the previous close.

Technical Analysis Overview:

Support Levels: Key support is observed between $2,349 and $2,426, where a significant number of addresses hold ETH at a profit, potentially providing a cushion against further declines.

Resistance Levels: Immediate resistance lies around $2,745, with a more substantial barrier at $2,875, corresponding to the 0.618 Fibonacci retracement level from the November 2024 high to the March 2025 low.

Indicators:

RSI: The 30-minute Relative Strength Index (RSI) dipped to 29.48, indicating oversold conditions, which may precede a short-term rebound.

MACD: The Moving Average Convergence Divergence (MACD) shows a bearish crossover on the 4-hour chart, suggesting downward momentum.