ETH/USD quotes are trading at 2596 and continue to move within the correction and the formation of a “Triangle” pattern. 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 should expect an attempt to develop a decline in the coin and a test of the support level near the 2425 area. From there, we should again expect prices to rebound upward and Ethereum to continue growing with a potential target above the 3185 level.
Ethereum Forecast and ETH/USD Analysis for June 6, 2025
An additional signal in favor of an increase in 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 “Triangle” pattern. A fall in the value of Ethereum and a breakout of the 2245 level will cancel the cryptocurrency’s growth scenario. This will indicate a breakout of the support area and a continuation of the decline in ETH/USD quotes to the 1775 level. With a breakout of the resistance area and the closing of quotes above the 2825 mark, we should expect confirmation of the rise in quotes, which will indicate a breakout of the upper border of the “Triangle” model and the beginning of the implementation of the pattern with targets at the top.
Ethereum Forecast and ETH/USD Analysis for June 6, 2025 suggests an attempt at a bearish correction and a test of the support area near the 2425 level. From there, we can expect a rebound and continued growth of the ETH/USD cryptocurrency to an area above the 3185 level. An additional signal in favor of Ethereum’s rise will be a test of the trend line on the relative strength indicator. A breakout of the support area at 2245 will cancel the digital currency’s growth scenario. This will indicate a continuation of the digital currency’s decline with a potential target below the 1775 level.
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