ETH/USD quotes are trading at 2613 and continue to move within the framework of the upward trend and the downward channel. Moving averages indicate a short-term bullish trend for Ether. 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 the Ethereum forecast for today, we can expect an attempt to develop an upward trend in the coin’s price and a test of the resistance level near the 2685 area. From there, we can again expect prices to rebound downward and the Ethereum price to continue falling with a potential target below the 2065 level.
Ethereum Forecast and ETH/USD Analysis for July 9, 2025
An additional signal in favor of a decline in ETH/USD quotes will be a test of the downward trend line on the relative strength indicator. The second signal will be a rebound from the upper border of the bearish channel. A strong increase in the value of Ethereum and a breakout of the 2865 level will cancel the cryptocurrency’s decline. This will indicate a breakout of the resistance area and a continuation of the ETH/USD quote growth to the 3245 level. A breakout of the support area and a close below 2235 will indicate a breakout of the lower border of the bullish channel.
Ethereum Forecast and ETH/USD Analysis for July 9, 2025suggests an attempt at a bearish correction and a test of the resistance area near the 2685 level. From there, we can expect a rebound and a continuation of the decline of the ETH/USD cryptocurrency to an area below the 2065 level. An additional signal in favor of Ethereum’s decline will be a test of the trend line on the relative strength indicator. A breakout of the 2865 support area will cancel the decline scenario for the digital currency. This will indicate a continuation of the digital currency’s growth with a potential target above the 3245 level.
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