Ethereum (ETH) Price Prediction for June 10 2025
The post Ethereum (ETH) Price Prediction for June 10 2025 appeared on BitcoinEthereumNews.com. Ethereum is trading within a tightening structure heading into June 10, showing signs of consolidation following a volatile week. After rejecting near the $2,540–$2,560 zone, the asset has slipped toward the $2,500 handle, a critical short-term support. The broader technical outlook suggests indecision, with bulls defending key moving averages while momentum indicators flash warning signals. What’s Happening With Ethereum’s Price? The Ethereum price today stands near $2,500, struggling to maintain traction after a failed breakout above the mid-$2,500s. On the 4-hour chart, the price is hovering just below the 20-EMA ($2,519) and attempting to stay within the Bollinger Bands middle band ($2,509). Multiple EMA clusters around the $2,519–$2,535 zone act as dynamic resistance, while downside protection begins near $2,435. The Ethereum price action earlier in the week featured a sharp intraday sell-off from $2,560, as reflected on the 30-minute and daily timeframes. This created a shooting star candle on the 1D chart, which historically signals exhaustion and potential pullback. Price is currently respecting the lower bound of a descending wedge and has yet to break decisively in either direction. RSI and MACD Indicators Reflect Bearish Divergence Looking at short-term momentum, the RSI on the 30-minute chart sits at 37.92, dipping from overbought levels while remaining below its signal line. The MACD histogram is flatlining, with the signal and MACD lines slightly bearish (−1.87 and −0.20 respectively). This suggests that upside momentum is fading, especially after the rejection from $2,540. On the 4-hour chart, the RSI is still neutral but leaning lower, while the MACD remains capped under the zero line, indicating bearish divergence between price and momentum—a condition that could fuel further consolidation or even retracement. Ichimoku and Bollinger Bands Show Cloud Resistance The Ichimoku Cloud on the 30-minute chart shows Ethereum trapped below the Kijun-sen ($2,514) and Tenkan-sen ($2,519),…
The post Ethereum (ETH) Price Prediction for June 10 2025 appeared on BitcoinEthereumNews.com.
Ethereum is trading within a tightening structure heading into June 10, showing signs of consolidation following a volatile week. After rejecting near the $2,540–$2,560 zone, the asset has slipped toward the $2,500 handle, a critical short-term support. The broader technical outlook suggests indecision, with bulls defending key moving averages while momentum indicators flash warning signals. What’s Happening With Ethereum’s Price? The Ethereum price today stands near $2,500, struggling to maintain traction after a failed breakout above the mid-$2,500s. On the 4-hour chart, the price is hovering just below the 20-EMA ($2,519) and attempting to stay within the Bollinger Bands middle band ($2,509). Multiple EMA clusters around the $2,519–$2,535 zone act as dynamic resistance, while downside protection begins near $2,435. The Ethereum price action earlier in the week featured a sharp intraday sell-off from $2,560, as reflected on the 30-minute and daily timeframes. This created a shooting star candle on the 1D chart, which historically signals exhaustion and potential pullback. Price is currently respecting the lower bound of a descending wedge and has yet to break decisively in either direction. RSI and MACD Indicators Reflect Bearish Divergence Looking at short-term momentum, the RSI on the 30-minute chart sits at 37.92, dipping from overbought levels while remaining below its signal line. The MACD histogram is flatlining, with the signal and MACD lines slightly bearish (−1.87 and −0.20 respectively). This suggests that upside momentum is fading, especially after the rejection from $2,540. On the 4-hour chart, the RSI is still neutral but leaning lower, while the MACD remains capped under the zero line, indicating bearish divergence between price and momentum—a condition that could fuel further consolidation or even retracement. Ichimoku and Bollinger Bands Show Cloud Resistance The Ichimoku Cloud on the 30-minute chart shows Ethereum trapped below the Kijun-sen ($2,514) and Tenkan-sen ($2,519),…
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