ETH/USD quotes are trading at 2538 and continue to move within the upward trend and downward channel. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken through the area between the signal lines upwards, indicating pressure from buyers and a potential continuation of the asset’s growth from current levels. As part of today’s Ethereum forecast, we can expect an attempt at a bearish correction of the coin’s price and a test of the support level near the 2235 area. From there, we can again expect prices to rebound upward and Ethereum to continue growing, with a potential target above the 3125 level.
Ethereum Forecast and ETH/USD Analysis for July 3, 2025
An additional signal in favor of ETH/USD growth will be a test of the bullish trend line on the relative strength indicator. The second signal will be a rebound from the lower border of the ascending channel. A fall in the value of Ethereum and a breakout of the 2185 level will cancel the cryptocurrency’s growth scenario. This will indicate a breakout of the support area and a continuation of the decline in ETH/USD quotes to the 1865 level. With a breakout of the resistance area and the closing of quotes above the 2765 mark, this will indicate a breakout of the upper border of the bearish correction channel.
Ethereum Forecast and ETH/USD Analysis for July 3, 2025 suggests an attempt at a bearish correction and a test of the support area near the 2235 level. From there, we can expect a rebound and continued growth of the ETH/USD cryptocurrency to the area above the 3125 level. An additional signal in favor of Ethereum’s rise will be a test of the trend line on the relative strength indicator. A breakout of the 2185 support area will cancel the digital currency’s growth scenario. This will indicate a continuation of the digital currency’s decline with a potential target below the 1865 level.
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