ETH/USD quotes are at level 2617 and continue trading within the context of correction development and “Triangle” model formation. Moving averages indicate a short-term bullish trend for Ether. Prices broke through the area between signal lines upwards, which indicates buying pressure and potential continuation of asset value growth from current levels. Within today’s Ethereum forecast, expecting an attempt to develop a drop in the coin and testing the support level near the zone 2475 is advisable. From there, it is expected that prices will rebound upward, leading to continued ETH price increase with a potential target above the 3145 level.
Ethereum Forecast and ETH/USD Analysis for June 5, 2025
Additional signals in favor of an increase in the ETH/USD quotes would be a test of the bull trend line on the Relative Strength Index (RSI) indicator. The second signal would be a bounce off the lower border of the “Triangle” model. A reversal of the cryptocurrency’s upward movement will occur with Ethereum’s price drop and a breakthrough the level 2245. This indicates a break of the support area and continued fall in ETH/USD quotes to the level of 1775. With penetration of the resistance zone and closing of the quotes above the marker 2825, there should be confirmation of an increase in quotations, which will indicate a breakthrough of the upper border of the “Triangle” model and the beginning of the implementation of a bullish pattern with targets upwards.
Ethereum Forecast and ETH/USD Analysis for June 5, 2025 predicts a bearish correction attempt and testing the support area close to the level of 2475. From there, an expected bounce and continuation of cryptocurrency growth above the level of 3145 should be anticipated. An additional bullish signal would be testing the trend line on the Relative Strength Index (RSI). Rejection of the upward movement of digital currency will come from a breakout through the support area of 2245, indicating further decline in digital currency with a potential target below the level of 1775.
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