ETH/USD quotes are trading at 2423 and continue to move within the correction and bearish channel. Moving averages indicate a short-term bearish trend for Ether. Prices have broken through the area between the signal lines downwards, indicating pressure from sellers and a potential continuation of the asset’s decline from current levels. As part of the Ethereum forecast for today, we should expect an attempt to develop a bullish correction of the coin’s rate and a test of the resistance level near the 2535 area. From there, we should again expect a rebound in prices downwards and a continuation of the fall in the Ethereum rate with a potential target below the 2115 level.
Ethereum Forecast and ETH/USD Analysis for June 27, 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 2705 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 2995 level. A breakout of the support area and a close below 2285 will indicate a breakout of the lower border of the bullish correction channel.
Ethereum Forecast and ETH/USD Analysis for June 27, 2025 suggests an attempt at a bearish correction and a test of the resistance area near the 2535 level. From there, we can expect a rebound and a continuation of the decline in the ETH/USD cryptocurrency to an area below the 2115 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 resistance area at 2705 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 2995 level.
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