Ethereum

Ethereum (ETH) Price Prediction for June 25

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The majority of coins are rising, although seller pressure remains relevant, according to CoinStats.

ETH chart by CoinStats

ETH/USD

The price of Ethereum (ETH) has increased by 1.88% since yesterday.

Image of Trading View

On the hourly chart, the ETH rate is in the middle of the local channel, between the support at $3,342 and the resistance at $3,393.

As most of the ATR has been adopted, continued sideways trading around $3,370 is the most likely scenario until tomorrow.

Image of Trading View

Over a longer period, neither buyers nor sellers dominate. However, if the decline continues to $3,300, traders could see a test of the $3,200 zone through the end of the week.

Image of TradingView

Halfway through, it is worth paying attention to the weekly closing of bars. If this occurs away from its low, it is possible to see a rebound up to $3,600.

Ethereum is trading at $3,379 at press time.

About the Author

Denys Serhiichuk

With over 5 years of trading experience, Denys has in-depth knowledge of technical and fundamental market analysis. In particular, he launched his blog on TradingView where he publishes all relevant information and makes forecasts on the main cryptocurrencies.
Thus, his experience is strengthened by his work in leading blockchain-related companies such as W12, Platinum Listing, ATB Coin and others, which can be contacted at denys.serhiichuk@u.today.

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