📈 Analysis and forecast for $ETH on Binance: further prospects? 📉
At 15:15 EEST, June 29, 2025, the rate of $ETH on Binance is $2455, showing a growth of 1.21% over the last 24 hours. A gentle rise and stable trading volume reflect the current consolidation after reaching a peak of $2800 in April 2025, supported by Binance.
Technically, $ETH is moving in a sideways trend with a bullish bias. On the 4-hour chart, the 50-day SMA at $2400 acts as support, while the 200-day SMA shows upward momentum since the beginning of the year. The RSI (14) around 51 indicates neutral conditions with growth potential. Key resistance is at $2500, a breakout of which could lead to $2600. Support is at $2400, with further support at $2350. Holding above $2455 supports optimism.
Forecast: in the coming days, ETH may test resistance at $2500, with a chance to rise to $2600 by the end of June 2025 with positive news such as network updates or institutional investments. By July, a rise to $2700–$2800 is possible if the altcoin market strengthens. The long-term outlook for 2026 is $3500+, assuming growth in adoption and completion of the transition to PoS. Risks include volatility and a possible correction after the recent decline. Market sentiment, including posts on X, remains moderately optimistic with forecasts above $2500, although some traders warn of consolidation.
Prospects? A growth of 1.21% and a price of $2455 are close to resistance at $2500. Buying at $2400 with a target of $2600 and a stop-loss at $2350 may be justified. ETH stands out as the foundation of smart contracts and a core asset of Binance, which supports its attractiveness. Keep an eye on news about Ethereum developments and market trends!
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