๐ Ethereum Analysis ($ETH) โ June 21, 2025
๐ต Current Price:
Around $2,407
(The price is relatively stable with slight fluctuations)
๐ General Trend:
Ethereum has been moving in a sideways channel between $2,360 โ $2,460 for more than 24 hours, with timid attempts to break the upper resistance.
๐ข When does the breakout start?
The price explosion may begin if the level of $2,475 is broken and sustained above it, which will push the price towards $2,550 then $2,670.
๐ Strong Support Currently:
First Support: $2,360
Second Support: $2,280 (any break below may open the door for a rapid decline towards $2,150)
๐ Technical Indicators:
RSI = Balanced around 50
MACD = Slight bullish crossover
Trading Volume: Relatively low, but any triggering news could change the equation quickly
๐ฏ Technical Recommendation (not financial advice):
Watch for a breakout at $2,475, as it is a strong turning point!
And be cautious of breaking $2,360 as it could bring selling pressure.