Ethereum (ETH) Price Prediction for 4th June: Can Bulls Sustain the Push Toward $2,750 After Breakout?
Ethereum price today is trading near $2,611, reflecting a modest 0.27% intraday rise amid signs of renewed short-term strength. After bouncing from the $2,500 region, Ethereum price has reclaimed the lower band of its previous supply zone, pushing toward the critical $2,660–$2,725 resistance. This level has rejected multiple rallies over the past week, making it a pivotal region for bullish continuation into the mid-June cycle.
Despite macro uncertainty, the broader structure hints at a potential shift in bias, with key indicators showing bullish re-acceleration across shorter timeframes.
What’s Happening With Ethereum’s Price?
Ethereum price action over the past 48 hours has shown renewed buyer confidence after holding above the $2,500–$2,530 support zone. On the 4-hour chart, price has broken out from a descending wedge and retested the breakout region successfully, suggesting upside continuation potential. The immediate resistance now sits at $2,662, followed by a key horizontal level at $2,723.
The most recent Ethereum price update reveals an attempt to flip the upper trendline of a two-week symmetrical tri…
The post Ethereum (ETH) Price Prediction for 4th June: Can Bulls Sustain the Push Toward $2,750 After Breakout? appeared first on Coin Edition.
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Ethereum (ETH) Price Prediction for 4th June: Can Bulls Sustain the Push Toward $2,750 After Breakout?
Ethereum price today is trading near $2,611, reflecting a modest 0.27% intraday rise amid signs of renewed short-term strength. After bouncing from the $2,500 region, Ethereum price has reclaimed the lower band of its previous supply zone, pushing toward the critical $2,660–$2,725 resistance. This level has rejected multiple rallies over the past week, making it a pivotal region for bullish continuation into the mid-June cycle.
Despite macro uncertainty, the broader structure hints at a potential shift in bias, with key indicators showing bullish re-acceleration across shorter timeframes.
What’s Happening With Ethereum’s Price?
Ethereum price action over the past 48 hours has shown renewed buyer confidence after holding above the $2,500–$2,530 support zone. On the 4-hour chart, price has broken out from a descending wedge and retested the breakout region successfully, suggesting upside continuation potential. The immediate resistance now sits at $2,662, followed by a key horizontal level at $2,723.
The most recent Ethereum price update reveals an attempt to flip the upper trendline of a two-week symmetrical tri…
The post Ethereum (ETH) Price Prediction for 4th June: Can Bulls Sustain the Push Toward $2,750 After Breakout? appeared first on Coin Edition.
Read More
Corporate Treasuries and ETFs Now Control Nearly 8% of Ethereum’s Supply