$ETH 🎯 Short-term forecast (for the coming days/week)
Resistance level ≈ $2,835–2,845. After rising from $2,575 to $2,744, ETH is currently testing this zone.
A successful breakout above $2,845 (confirmed by daily close and volumes) may open the way to $3,000–3,100, and then to $3,148 (Fib 0.618).
Volume increased by ~18% to $15 billion over 24 hours, confirming a 'real' growth.
Technical signals: EMA(7) crossed EMA(25) upwards, 'Golden Cross' 50/200-day, RSI ≈ 70 — all indicate a strong bullish trend, though RSI is already slightly overbought.
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📈 Medium-term forecast (a few weeks)
If BTC / the overall crypto market continues to rise, Ethereum may test $2,900–3,000 by mid-June.
Potential target — $3,300–3,500, especially if the ETF listing and transaction volumes (DeFi and institutional flows) are maintained.
Main 'corridors': support at $2,700–2,735 (level before breakout), resistance — $2,835–2,845 and then $3,000.
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⚠️ Risks
RSI is overbought (>70) — possible short-term pullback movements.
There is a probability of a bounce from the zone $2,835–2,845 with a background correction to $2,700–2,655.
If there is weak volume or negative macro factors (rates/inflation) — a correction may begin.
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✔️ Conclusion
Probability of a breakout upwards (brilliant?) — about 60–70%, especially with a daily candle closing above $2,845 with high volume.
Target range: $2,900–3,100 within 1–2 weeks.
More long-term target: $3,300–3,500, provided bullish momentum is supported.
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🛠️ Recommendations for Traders
Entry: after confirmed breakout ($2,845) with volume — long with a stop below $2,800–2,835.
Take profit: at level $2,950–3,100 (partially) and then monitor $3,300+.
Alternative: conservative approach — buying on a pullback to $2,700–2,750.
