Ethereum ($ETH) Price Prediction for June 2025: Can Bulls Sustain the Breakout Rally?
The Ethereum price today is hovering around $2,627, showing a strong recovery from the mid-May lows near $1,840. The crypto market’s sentiment has shifted bullish, especially after Ethereum’s decisive breakout above the descending trendline that had capped price action for several weeks. This technical shift has put Ethereum back on traders’ radar as June begins, with price targets expanding toward higher Fibonacci zones.
As of May 30, Ethereum is consolidating below the $2,700 resistance but has firmly reclaimed the psychological $2,500 level. This setup raises the question: Why is the Ethereum price going up today and can bulls maintain the momentum through June?
What’s Happening With Ethereum’s Price?
The current Ethereum price action reflects a textbook bullish reversal from the $1,840 zone, where price rebounded off a long-term support cluster and quickly cleared key EMAs on the daily chart. Notably, the price is now trading above the 20/50/100/200-day EMAs, indicating renewed strength across both short- and medium-term outlooks.
The post Ethereum ($ETH) Price Prediction for June 2025: Can Bulls Sustain the Breakout Rally? appeared first on Coin Edition.
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Ethereum ($ETH) Price Prediction for June 2025: Can Bulls Sustain the Breakout Rally?
The Ethereum price today is hovering around $2,627, showing a strong recovery from the mid-May lows near $1,840. The crypto market’s sentiment has shifted bullish, especially after Ethereum’s decisive breakout above the descending trendline that had capped price action for several weeks. This technical shift has put Ethereum back on traders’ radar as June begins, with price targets expanding toward higher Fibonacci zones.
As of May 30, Ethereum is consolidating below the $2,700 resistance but has firmly reclaimed the psychological $2,500 level. This setup raises the question: Why is the Ethereum price going up today and can bulls maintain the momentum through June?
What’s Happening With Ethereum’s Price?
The current Ethereum price action reflects a textbook bullish reversal from the $1,840 zone, where price rebounded off a long-term support cluster and quickly cleared key EMAs on the daily chart. Notably, the price is now trading above the 20/50/100/200-day EMAs, indicating renewed strength across both short- and medium-term outlooks.
The post Ethereum ($ETH) Price Prediction for June 2025: Can Bulls Sustain the Breakout Rally? appeared first on Coin Edition.
Read More
Ethereum Price Outlook: Struggling to Reclaim Broken Trendline as Long Positions Build