What’s the Current Situation with Ethereum? According to an Analysis Company, a Rally Could Come if This Level is Exceeded
What’s the Current Situation with Ethereum? According to an Analysis Company, a Rally Could Come if This Level is Exceeded
Cryptocurrency analysis company MakroVision has shared its new assessments regarding the current technical outlook of Ethereum ($ETH ).
According to the analysis, Ethereum continues to follow a sideways trend after its previous rise, but the technical structure still remains positive.
According to MakroVision, $ETH has successfully tested the $2,400 support level once again and is holding above it. The price is currently trading sideways just below an area that previously acted as resistance. Analysts note that this is a typical consolidation process and could be setting the stage for the next big move.
The important levels highlighted in the analysis are as follows:
$2,820 – $2,880: Strong resistance zone and recent lower high
$2,400: Important support level – Short-term bullish sentiment remains valid as long as this level remains above
$2,132: Key support to watch for possible pullbacks
MakroVision predicts that if the $2,880 level is broken,Ethereum could enter a new uptrend towards $3,275. On the other hand, although it would not technically be a problem if the price fell to $2,400 again, it warns that this situation could increase the risk of a downward break. $ETH
Binance Will Cease Support for Deposits and Withdrawals of Tokens on Selected Networks - 2025-06-16
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance will be ceasing support for deposits and withdrawals of the following tokens via the networks stipulated below from 2025-06-16 08:00 (UTC). After 2025-06-16 08:00 (UTC), any deposits sent via the following networks will not be credited and may lead to asset loss. Stafi (FIS) via BNB Smart ChainMeasurable Data Token (MDT) via BNB Smart Chain Please note: Users will still be able to deposit or withdraw the above tokens via other networks supported by Binance.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-06-09