Ethereum (ETH) Price Prediction For June 21 2025
The post Ethereum (ETH) Price Prediction For June 21 2025 appeared on BitcoinEthereumNews.com.
The Ethereum price today is trading around $2,528, reflecting a mild intraday uptick after consolidating for much of the past week. However, bulls remain cautious as ETH continues to trade within a tightening range, pressured by resistance at the $2,580–$2,600 zone and supported near $2,500. This period of low Ethereum price volatility suggests that a breakout may be nearing as momentum builds around the June 21 options expiry. Why is the Ethereum Price Going Up Today? ETH spot inflow/outflow data (Source: Coinglass) Over the last 48 hours, Ethereum has seen net outflows of over $82 million across spot exchanges, according to CoinGlass data. This sustained negative netflow is typically viewed as a sign of long-term accumulation, with whales and institutions moving assets into cold storage or self-custody. Although price has not exploded upward yet, these outflows help explain why Ethereum price going up today, at least marginally, as supply on exchanges tightens. ETH option chain data (Source: Deribit) This on-chain trend is further supported by derivatives data. The June 21 options chain shows heavy open interest concentrated at the $2,500 and $2,600 strike levels, indicating that a large number of traders are positioned for a potential move within or beyond this range. If bulls can hold ETH above $2,500 ahead of expiry, it may force short-covering or delta hedging activity that lifts price through key resistance. What’s Happening With Ethereum’s Price? ETH price forecast (Source: TradingView) The Ethereum price action on the 4-hour chart shows a clear compression pattern forming between rising support near $2,457 and descending resistance at $2,659. ETH remains locked inside this narrowing wedge after multiple failed breakout attempts in the past week. This tight structure often precedes a volatility spike, and current levels suggest the market is on the verge of a directional move. ETH price…
Filed under: News - @ June 20, 2025 8:24 am