ETH/USD quotes are trading at 2622 and continue to move within the development of the rise and bullish channel. Moving averages indicate the presence of a short-term bearish trend for Ether. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continued growth in the asset value from current levels. As part of the Ethereum forecast for today, we should expect an attempt to develop a bearish correction in the coin rate and a test of the support level near the 2455 area. From where we should again expect an upward rebound in prices and continued growth in the Ethereum rate with a potential target above 2975.
Ethereum Forecast and ETH/USD Analysis for July 4, 2025
An additional signal in favor of the growth of ETH/USD quotes 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. The cancellation of the cryptocurrency growth option will be a drop in the Ethereum price and a breakout of the 2305 level. This will indicate a breakout of the support area and a continuation of the fall in ETH/USD quotes to the 1965 level. With a breakout of the resistance area and closing of quotes above the 2885 mark.
Ethereum Forecast and ETH/USD Analysis for July 4, 2025 suggests an attempt at a bearish correction and a test of the support area near the 2455 level. Where should we expect a rebound and continued growth of the ETH/USD cryptocurrency to the area above the 2975 level. An additional signal in favor of the rise of Ethereum will be a test of the trend line on the relative strength indicator. The breakdown of the support area of 2305 will cancel the growth option of the digital currency. This will indicate a continuation of the fall of the digital currency with a potential target below the level of 1965.
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