Ethereum Price Prediction Amid Iran-Israel Conflict – Can $ETH Reclaim $2,800?
The post Ethereum Price Prediction Amid Iran-Israel Conflict – Can $ETH Reclaim $2,800? appeared on BitcoinEthereumNews.com.
Ethereum has come under heavy pressure following an escalation in geopolitical tensions involving Iran, Israel, and the U.S., leading to a sharp and aggressive price drop. While Friday’s sell-off already signaled weakening momentum, the continuation of bearish fundamentals has solidified Ethereum’s breakdown below key support levels. This decline was marked by high trading volume and failed attempts to reclaim prior support zones, indicating a shift in broader sentiment. Compared to Bitcoin, Ethereum’s response to the macro environment has been more severe, and this is clearly reflected in the ETH/BTC chart, which has also broken below its consolidation range. The technical damage, coupled with negative fundamental triggers, has now pushed Ethereum into a bearish trend on higher time frames. Source – Cilinix Crypto on YouTube Ethereum Price Prediction As of now, Ethereum shows some signs of potential support between $2,200 and $2,160—regions aligned with the 90-day rolling VWAP, Fibonacci retracement levels, and a fair value gap. A minor bounce from this zone is expected, but without a significant shift in momentum, it’s unlikely to result in a lasting recovery. For $ETH to regain its previous bullish structure, it would need to reclaim the $2,380 to $2,450 range. However, such a reversal would likely require a clear de-escalation in Middle East tensions or other strong fundamental catalysts. Until then, Ethereum appears more likely to remain under pressure, with any upward moves viewed as short-term relief rather than a full recovery. Traders should closely monitor geopolitical developments, as they may be the key to determining $ETH’s near-term trajectory. Solaxy Presale Ending Soon – Is This the Best New Crypto to Buy Alongside Ethereum? Solaxy (SOLX) is emerging as one of the most talked-about crypto presales of the year, having already smashed through the $56 million milestone. With just 26 hours remaining before its…
Filed under: News - @ June 22, 2025 12:27 pm