ETH/USD quotes are trading at 2558 and continue to move within the growth development and have left the limits of the descending correction channel. Moving averages indicate the presence of a short-term bullish trend on Ether. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of the growth of the asset value already from the current levels. As part of the Ethereum forecast for today, we should expect an attempt to develop the bearish trend of the coin and test the support level near the 2665 area. From where we should again expect a rebound in prices upwards and continuation of Ethereum rate growth with a potential target above the level of 3020.
Ethereum Forecast and ETH/USD Analysis for June 11, 2025
An additional signal in favor of the ETH/USD quotes rise will be a test of the bullish trend line on the relative strength indicator. The second signal will be a rebound from the lower boundary of the ascending channel. The cryptocurrency growth option will be canceled by a drop in the value of Efirium and a breakdown of the 2505 level. This will indicate the breakdown of the support area and the continuation of the ETH/USD quotes decline to the level of 2215. With the breakdown of the resistance area and closing of quotes above the 2845 level, we should expect confirmation of the quotes’ rise.
Ethereum Forecast and ETH/USD Analysis for June 11, 2025 suggests an attempt of bearish correction and a test of the support area near the level of 2665. From where we should expect a rebound and continued growth of the cryptocurrency ETH/USD to the area above the level of 3020. An additional signal in favor of the rise of Ethereum will be a test of the trend line on the relative strength indicator. A breakdown of the support area of 2505 will cancel the growth option of the digital currency. This will indicate the continuation of the digital currency decline with a potential target below the level of 2215.
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