🚀 Ethereum Analysis ($ETH ) – June 21, 2025
🔵 Current Price:
Approximately $2,407
(The price is relatively stable with slight fluctuations)
📊 General Trend:
Ethereum has been moving in a sideways channel between $2,360 – $2,460 for over 24 hours, with timid attempts to break through the upper resistance.
🟢 When does the breakout start?
The price explosion may begin if the level of $2,475 is broken and maintained above it, which will push the price to the areas of $2,550 then $2,670.
📉 Strong Support Currently:
First Support: $2,360
Second Support: $2,280 (any break below it may open up a quick drop towards $2,150)
📌 Technical Indicators:
RSI = Balanced around 50
MACD = Slight bullish crossover
Trading Volume: Relatively low, but any motivating news could change the equation quickly
🎯 Technical Recommendation (not financial advice):
Watch for a breakout at $2,475, as it is a strong turning point!
And be cautious of breaking $2,360 because it may bring selling pressure.