🚀 Ethereum Analysis ($ETH) – June 21, 2025
🔵 Current Price:
Approximately $2,407
(The price is relatively stable with slight fluctuations)
📊 Overall Trend:
Ethereum is moving in a sideways channel between 2,360 – 2,460$ for over 24 hours, with timid attempts to break the upper resistance.
🟢 When does the breakout start?
The price explosion may begin if the level of 2,475$ is breached 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 this could open the door for a rapid drop towards $2,150)
📌 Technical Indicators:
RSI = Balanced around 50
MACD = Slight bullish crossover
Trading Volume: Relatively low, but any stimulating news could quickly change the equation
🎯 Technical Recommendation (not financial advice):
Watch for the breakout at $2,475, as it is a strong turning point!
And be cautious of breaking 2,360$ as it may bring selling pressure.