Ethereum ($ETH) Price Prediction for June 13, 2025
The post Ethereum ($ETH) Price Prediction for June 13, 2025 appeared on BitcoinEthereumNews.com.
Ethereum price today is holding near $2,755 after a volatile session on June 12, where bulls briefly reclaimed the $2,800 level before fading slightly into consolidation. While short-term momentum has cooled, the broader trend structure remains bullish as price holds above key moving averages and reclaims important breakout levels from earlier this month. What’s Happening With Ethereum’s Price? The 4-hour chart shows that Ethereum price action has successfully broken out of a multi-week descending wedge and is now consolidating above the $2,700 demand block. This zone, previously a key resistance, has flipped into support after the bullish impulse on June 10. The trendline breakout aligns with a clean retest of the $2,515–$2,545 base structure, which was confirmed by a surge in volume and wide candle bodies. On the daily chart, price is testing the upper boundary of a long-term resistance band near $2,780–$2,800. A decisive daily close above this region would mark a higher-high continuation pattern, possibly targeting $2,920 and $3,065 next. However, failure to break through convincingly could lead to another retest of the $2,600–$2,645 support shelf. Indicators Show Mixed Signals As Price Cools Momentum indicators are signaling caution in the short term. The 30-minute Relative Strength Index (RSI) has retraced to 41.94, hovering just above the oversold boundary. This suggests that Ethereum price volatility is decreasing, and a potential bounce may occur if the $2,720–$2,740 micro-support holds. On the MACD, the histogram has flattened and the signal line has crossed below, indicating short-term bearish divergence. The indicator currently reads -9.79 on the histogram, reflecting waning bullish momentum since the high near $2,875. Stochastic RSI on the 30-minute chart shows a rebound forming from the oversold band, with %K and %D lines rising toward the mid-range. A crossover above 50 could mark a fresh bullish wave if supported by…
Filed under: News - @ June 12, 2025 12:24 pm