Ethereum ($ETH) price prediction for June 14, 2025: Sharp drop to $2,500 tests key demand as bearish pressure builds
The Ethereum price today is trading near $2,507 after a sharp drop from the $2,870 range. This steep pullback comes after ETH failed to hold above the critical $2,740–$2,760 supply zone, triggering a downward cascade that pushed price below key short-term supports.
As of now, Ethereum is attempting to stabilize just above the $2,490–$2,500 demand range, a level that could define the short-term recovery or further downside ahead.
What’s Happening With Ethereum’s Price?
The recent correction in the Ethereum price action marks a strong rejection from the upper resistance cluster visible on both the daily and 4-hour charts. After rallying into the $2,850 zone, ETH was unable to breach the 0.618 Fibonacci retracement level at $2,846 (measured from the November 2024 high to the March 2025 low). This region acted as a historical resistance and coincided with the upper Bollinger Band on the 4H timeframe.
On the lower timeframes, the Ethereum price update shows clear exhaustion. The 30-minute RSI dipped to 29.48, signaling oversold territory, while MACD readings remain bearish…
The post Ethereum ($ETH) price prediction for June 14, 2025: Sharp drop to $2,500 tests key demand as bearish pressure builds appeared first on Coin Edition.
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Ethereum ($ETH) price prediction for June 14, 2025: Sharp drop to $2,500 tests key demand as bearish pressure builds
The Ethereum price today is trading near $2,507 after a sharp drop from the $2,870 range. This steep pullback comes after ETH failed to hold above the critical $2,740–$2,760 supply zone, triggering a downward cascade that pushed price below key short-term supports.
As of now, Ethereum is attempting to stabilize just above the $2,490–$2,500 demand range, a level that could define the short-term recovery or further downside ahead.
What’s Happening With Ethereum’s Price?
The recent correction in the Ethereum price action marks a strong rejection from the upper resistance cluster visible on both the daily and 4-hour charts. After rallying into the $2,850 zone, ETH was unable to breach the 0.618 Fibonacci retracement level at $2,846 (measured from the November 2024 high to the March 2025 low). This region acted as a historical resistance and coincided with the upper Bollinger Band on the 4H timeframe.
On the lower timeframes, the Ethereum price update shows clear exhaustion. The 30-minute RSI dipped to 29.48, signaling oversold territory, while MACD readings remain bearish…
The post Ethereum ($ETH) price prediction for June 14, 2025: Sharp drop to $2,500 tests key demand as bearish pressure builds appeared first on Coin Edition.
Read More