Hi
Ethereum (ETH)
Ethereum outperformed Bitcoin throughout Q2 2025, rising between 39.9% and 53% following a steep decline in Q1. The rebound was a result of revived energy in decentralized finance (DeFi), surging institutional involvement, and augmented involvement in the network. ETH is now valued at $2421, dropping to a low of $2197 earlier this week.
Technical indicators favor an additional increase. The RSI stands at 46.58, and the MACD levels are exhibiting convergence indicators suggesting that the trend can be reversed soon. Near-term resistance stands at $2,547 and $3,000. Any sustained action beyond these new thresholds may result in a retest of $3200 in the early parts of Q3.
Source : trading view
