📈 Analysis and forecast for $ETH on Binance: further prospects? 📉
At 16:35 EEST, June 16, 2025, the price of $ETH (Ethereum) on Binance is $2,608, showing a 3% increase in the last 24 hours. The increase in trading volume indicates growing investor interest, which may be related to recent network updates, such as improvements in scalability, or positive sentiments around DeFi and NFTs. $ETH remains a key asset in the blockchain ecosystem.
Technically, $ETH appears stable with a bullish bias. On the 4-hour chart, the 50-day SMA is approaching the 200-day, signaling potential growth. The RSI (14) at 53 is in the neutral zone, while the MACD shows weak positive momentum. Key resistance is at $2,650, a breakout of which could lead to $2,800. Support is located at $2,550, with further support at $2,500. Holding above $2,608 strengthens the bullish scenario.
Forecast: In the coming days, ETH may test $2,650–$2,700, with a possibility of rising to $2,900 by the end of June 2025, supported by volume. A rise to $3,000–$3,200 is possible by July if interest continues. The long-term outlook for 2026 is $4,000+, assuming successful implementation of updates and growth of the ecosystem. Risks include volatility and potential regulatory changes. Historically, $ETH peaked around $4,891, indicating significant potential.
Further prospects? A 3% increase and a price of $2,608 are close to resistance at $2,650. Buying at $2,550 with a target of $2,800 and a stop-loss at $2,500 seems justified. The community on X expresses moderate optimism, predicting movement towards $3,000 in the coming months, but this is speculative. Stay tuned for network development news!
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