Connect with us

Ethereum

Ethereum Price Analysis: Ethereum Breaks out of Consolidation against Bitcoin. What’s Next?

ETH/USD – Ether Hits $2600 After Breaking 100-day MA

Key Support Levels: $2545, $2400, $2320.


Key Resistance Levels: $2725, $2890, $3000.

Etheruem saw an incredible 18% surge this week as it climbs inside the confines of an ascending price channel. The cryptocurrency broke above a descending trend line toward the end of last week and pushed above the 100-day MA level yesterday to hit $2600 today.

ETH did surge as high as $2700 yesterday, allowing the coin to set a new high not seen since the first week of June.

The 4-hour chart clearly shows the ascending pricing channel. This is a very steep channel. A breakout towards the upside would make ETH parabolic before the London hard fork upgrade.

ethusd-aug2-min
ETH/USD Daily Chart. TradingView.
ethusd-aug2-4hr-min
ETH/USD 4-Hour Chart. TradingView.

ETH-USD Short Term Price Prediction

Looking ahead, the first resistance lies at $2725 (bearish . 382 Fib). This is followed by $2890 (June highs), $3000, and $3035 (bearish .5 Fib).

On the other side, the first support lies at $2545 (100-day MA). This is followed by $2400, $2320 (. 382 Fib), and $2200 (.5 Fib).

The 4-hour RSI shows signs of bearish divergence but the daily RSI suggests that the market has not yet reached overbought.

ETH/BTC-ETH Penetrated Symmetrical Triangle

Key Support Levels: 0. 064 BTC, 0. 061 BTC, 0. 06 BTC.


Key Resistance levels: 0. 069 BTC, 0. 072 BTC, 0. 075 BTC.

ETH finally broke out of the consolidation pattern it had been trapped in since June’s start. Yesterday’s surge saw the coin find support at the lower border of the triangle, which it did just after the week ended.

As it broke the triangle, ETH also broke resistance at the 50-day MA and the 100-day MA today to climb to 0. 0658 BTC and point toward the July highs.

ethbtc-aug2-min
ETH/BTC Daily Chart. TradingView.

ETH-BTC Short Term Price Prediction

Moving forward, the first resistance lies in 0. 069 BTC (bearish . 618 Fib). Then, follow by 0. 072 BTC (long term bearish . 618 Fib), 0. 075 BTC, and 0. 077 BTC (June highs).

The other support is at 0. 064 BTC (100-day MA). Then, follow by 0. 061 BTC (50-day MA), 0. 06 BTC, and 0. 058 BTC (. 786 Fib).

The RSI is in bullish territory and is increasing, indicating that bullish momentum has increased.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

Disclaimer: Information found on CryptoPotato is those of writers quoted. This information does not reflect the views of CryptoPotato about whether to invest in, sell or hold investments. Before making any investment decision, you are strongly advised to do your own research. You are responsible for any use of the information. For more information, please refer to Disclaimer.

Cryptocurrency charts by TradingView.

Read More

Ethereum

Is Ethereum (ETH) The Most Obvious Trade in 2025?

TL;DR

  • ETH is the subject of multiple optimistic predictions, with some well-known analysts forecasting a rise to a new ATH soon.
  • Rising spot ETH ETF inflows reflect growing institutional interest and bullish momentum. However, recent positive exchange netflows hint at possible sell pressure ahead.

Is ETH the Right Horse?

Ethereum (ETH) has rebounded from the multi-year low of under $1,400 in April and currently trades at well above $2,500. 

Its resurgence brought back optimism among industry participants, with many viewing it as an attractive investment opportunity. The X user Crypto Rover (who has over 1.2 million followers) recently argued that ETH “is the most obvious trade in 2025.” 

$ETH is the most obvious trade in 2025! pic.twitter.com/NhywHpRnzT

— Crypto Rover (@rovercrc) June 19, 2025

He claimed the asset’s latest rally resembles the one from 2020, which continued until the end of 2021 when the price reached an all-time high of just south of $5,000. 

Crypto Caesar touched upon ETH’s positive performance in the past hour, summarizing that “it’s looking good for now.” The analyst urged investors to remain patient, claiming that only the potential outbreak of World War III could derail the bullish momentum.

Crypto Fella believes ETH’s next rally is a matter of when not if. The X user envisions new peak levels ahead, though the price may dip before heading higher.

Those willing to explore additional recent forecasts involving Ethereum can refer to our dedicated article here.

What Are the Indicators Signaling?

Over the past several weeks, there has been an evident influx of capital toward spot ETH ETFs. Data compiled by SoSoValue shows that the last day when the netflow was negative (outflows exceeding inflows) was on May 15.

Spot ETH ETF Inflows
Spot ETH ETF Inflows, Source: SoSoValue

The development generally indicates that a rising number of investors have been buying shares of these funds, showcasing their confidence in the asset. Spot ETFs hold actual ETH, so these purchases can benefit the bulls. 

Nonetheless, it’s not all sunshine and roses. The Ethereum exchange netflow has been predominantly positive in the last few days, suggesting that some investors have moved their holdings to centralized platforms. This is typically considered a pre-sale step and might have a negative influence on the valuation.


ETH Exchange Netflow
ETH Exchange Netflow, Source: CryptoQuant
SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Read More

Continue Reading

Ethereum

Ethereum Price Analysis: ETH Consolidation Continues as Bullish Momentum Starts to Fade

Ethereum has entered a consolidation phase after a strong rally in the last couple of months. The price has been ranging between key support and resistance zones, with multiple failed attempts to break above the $2,700–$2,800 region.

Despite the lack of immediate trend continuation, on-chain fundamentals such as exchange reserves hint at significant structural shifts. This sets the stage for potential volatility ahead as the market prepares for its next directional move.

Technical Analysis

By ShayanMarkets

The Daily Chart

On the daily timeframe, ETH remains inside an ascending channel, consistently finding support around the $2,400 area while struggling to break above the $2,800 mark.

The upper boundary of this channel, combined with the 200-day moving average and a key order block formed in February, is acting as a heavy resistance element. Each test of this level has led to a rejection, but so far, the structure hasn’t broken down, indicating that bulls are still in control for now.

Momentum, however, is weakening. The RSI hovers around the midline at 51, reflecting indecision and a lack of strong directional drive. If ETH can reclaim the upper range and flip the $2,700–$2,800 area into support, it could initiate a new leg higher toward $3,000 and above. On the flip side, a breakdown below $2,400 would shift the bias bearish, exposing the $2,150 support zone.

The 4-Hour Chart

Zooming in on the 4H chart, ETH is still grinding within the same rising channel. After the recent drop from $2,875 to $2,430, the price retraced into the 0.5–0.618 Fibonacci zone, but has been rejected to the downside and is now consolidating below it. This area, between $2,600 and $2,700, has repeatedly acted as a supply zone, rejecting bullish attempts multiple times. For short-term traders, this remains the key level to flip.

Until this resistance breaks, ETH may continue its range-bound behavior. The RSI has recovered slightly from oversold conditions, now sitting near 52. While this suggests a slight uptick in momentum, there’s still no clear sign of bullish dominance. If the bulls fail to break above this key fib zone soon, another drop toward the lower boundary of the channel near $2,400 is likely.

Sentiment Analysis

One of the most important long-term signals for Ethereum remains the consistent downtrend in exchange reserves. Currently sitting at 18.8 million ETH, this is one of the lowest levels in recent history. Exchange reserve data indicates how much ETH is held on centralized trading platforms, meaning a downtrend signals that coins are being withdrawn into self-custody, staking, or cold wallets.

Historically, sustained drops in exchange reserves suggest a supply squeeze narrative building beneath the surface. Fewer tokens on exchanges reduce the available selling pressure and can lead to explosive upside when demand rises.

Even as ETH struggles to break out technically, this silent accumulation phase shows confidence among long-term holders. If this trend continues, it may act as a powerful tailwind once technical resistance levels are finally breached.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Read More

Continue Reading

Ethereum

Trump-Tied Company Files for Dual Bitcoin and Ethereum ETF Product

Trump Media & Technology Group (TMTG), parent company of Truth Social, has partnered with investment firm Yorkville America Digital to file for a spot bitcoin and ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Truth Social Owner Seeks Approval for 3:1 Bitcoin-Ethereum ETF The “Truth Social Bitcoin and Ethereum ETF…
Read More

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.