Ethereum concludes the trading week at a level of 2627, with movements occurring within the context of growth development and a descending channel. Moving averages indicate an underlying downward trend for ETH/USD. Prices broke through the area between signal lines upward, which suggests pressure from Ethereum cryptocurrency buyers and potential continuation of the rise already from current levels. Currently, it is expected to anticipate the development of a bear price correction and testing the resistance level close to the area 2955. From there, we should expect another downward bounce and continuation of the fall in Ethereum’s course and value with a potential target below the 1655 level.
Ethereum Weekly Forecast ETH/USD June 2 — 6, 2025
Additional signals for the decrease in ETH/USD quotations on the current trading week of June 2 – 6, 2025 will be a test of the resistance line on the Relative Strength Index (RSI) indicator. The second signal will be bouncing off the upper border of the bear channel. Cancellation of the option for a decrease in cryptocurrency value for the current trading week will be a strong rise and breaking through the level 3165. This will indicate a breach of resistance area and continuation of ETH/USD quotations growth with potential target above the level 3545. Confirmation of Ethereum cryptocurrency’s decline will be breaking through the support zone and closing quotations below the level 2075, which will indicate breaking the lower boundary of the bull channel correction.
Ethereum Weekly Forecast ETH/USD June 2 — 6, 2025 anticipates a bullish correction attempt and testing of the resistance area near the level of 2955. From which we can expect a downward bounce and continuation of the cryptocurrency’s decline to an area below the level of 1655. A bearish signal indicating the fall in Ethereum’s rate would be a test of the trend line on the Relative Strength Index (RSI). Cancellation of the drop option will be a strong rise and break through the resistance zone at 3165. In this case, we can anticipate continuation of the upward movement with a target above the area of 3545.
