🚀 Ethereum Analysis ($ETH ) – June 21, 2025
🔵 Current Price:
Around $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 the upper resistance.
🟢 When does the breakout start?
The price explosion may begin if the level of $2,475 is breached and holds above it, which would 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 could open the door for a swift drop towards $2,150)
📌 Technical Indicators:
RSI = Balanced around 50
MACD = Slight upward crossover
Trading Volume: Relatively low, but any stimulating news could change the equation quickly
🎯 Technical Recommendation (not financial advice):
Watch for the breakout of $2,475, as it is a strong turning point!
And be cautious of breaking $2,360 as it may bring selling pressure.