ETH/USD prices are currently at $2650 and trading within the context of an upward movement and triangle pattern formation. The moving averages indicate a short-term bullish trend for Ether. Prices have breached the area between the signal lines upwards, suggesting pressure from buyers and potential continuation of the asset’s price increase from current levels. For today’s Ethereum forecast, anticipate a decline attempt in the coin value with testing around support level near 2545. From there, expect prices to rebound upward and continue Ethereum’s growth with a potential target above $3165.
Ethereum Forecast and ETHUSD Analysis for May 30, 2025
Additional confirmation of the rise in ETH/USD prices would be a test of the bullish trendline on the Relative Strength Index (RSI) indicator. A second signal would be when there is a rebound from the lower boundary of the “Triangle” model. The cancellation of the upward movement scenario for cryptocurrency would be if Ethereum’s price falls and breaches the level of 2,265. This would indicate a breach of support area and continued decline in ETH/USD prices to the level of 1,785. With a breakthrough resistance area and closing prices above the mark of 2,905, we should expect confirmation of price rise which will signal breaching the upper boundary of the “Triangle” model and initiation of pattern implementation with goals upwards.
Ethereum Forecast and ETHUSD Analysis for May 30, 2025 anticipates a bearish correction attempt and testing the support area close to the level of 2545. From there, one should expect a bounce and continuation of the cryptocurrency’s rise to an area above the level of 3165. Additional signal in favor of Ethereum growth will be testing the trend line on the Relative Strength Index (RSI) indicator. Cancellation of the digital currency’s upward movement option would be breaking through the area of 2265, indicating continuation of the drop in the value of the digital currency with a potential target below the level of 1785.
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