Ethereum (ETH) Price Prediction For June 18, 2025
Ethereum price is currently navigating a critical juncture following a volatile weekend that saw both bullish momentum and short-term exhaustion. As of June 17, Ethereum price today stands near $2,578, showing signs of consolidation after a failed breakout above the $2,650 resistance zone. Traders are closely watching whether ETH can sustain support above $2,510 or face renewed downward pressure.
What’s Happening With Ethereum’s Price?
Ethereum’s weekend rally was sharply rejected at the $2,680–$2,700 zone, a key supply area highlighted in multiple timeframes. The 4-hour chart reveals a breakout attempt from a descending wedge, but the move was quickly sold off, bringing ETH back within its short-term consolidation structure.
The Ethereum price action on the 30-minute and 4-hour charts shows prices caught between $2,510 support and $2,585 resistance, with Bollinger Bands squeezing around the current zone. This volatility compression hints at a potential breakout in either direction, likely influenced by broader market sentiment or upcoming macroeconomic catalysts.
Ethereum (ETH) Price: Key Indicators Show Mix…
The post Ethereum (ETH) Price Prediction For June 18, 2025 appeared first on Coin Edition.
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Ethereum (ETH) Price Prediction for June 17, 2025
Ethereum (ETH) Price Prediction For June 18, 2025
Ethereum price is currently navigating a critical juncture following a volatile weekend that saw both bullish momentum and short-term exhaustion. As of June 17, Ethereum price today stands near $2,578, showing signs of consolidation after a failed breakout above the $2,650 resistance zone. Traders are closely watching whether ETH can sustain support above $2,510 or face renewed downward pressure.
What’s Happening With Ethereum’s Price?
Ethereum’s weekend rally was sharply rejected at the $2,680–$2,700 zone, a key supply area highlighted in multiple timeframes. The 4-hour chart reveals a breakout attempt from a descending wedge, but the move was quickly sold off, bringing ETH back within its short-term consolidation structure.
The Ethereum price action on the 30-minute and 4-hour charts shows prices caught between $2,510 support and $2,585 resistance, with Bollinger Bands squeezing around the current zone. This volatility compression hints at a potential breakout in either direction, likely influenced by broader market sentiment or upcoming macroeconomic catalysts.
Ethereum (ETH) Price: Key Indicators Show Mix…
The post Ethereum (ETH) Price Prediction For June 18, 2025 appeared first on Coin Edition.
Read More