Ethereum Technical Analysis: Market Trends in 11 of June 2025

Technical analysis of Ethereum on June 11, 2025, evaluates key support/resistance levels and indicators to forecast market trends.

As of June 11, 2025, Ethereum is trading at approximately $2,770, consolidating after peaking at $2,832. Given its pivotal role in the blockchain ecosystem, particularly in DeFi and NFTs, Ethereum remains a key focus for technical analysts. Technical analysis indicates a long-term bullish structure, supported by an ascending channel in higher timeframes. In the short term, the price is oscillating within a consolidation range between $2,550 and $2,850. The key resistance zone lies between $2,750 and $2,850, where recent selling pressure has been observed. A breakout above this level could propel Ethereum toward $3,320 or even $4,000. Key support levels are found between $2,500 and $2,600, aligned with fair value gaps (FVG) in the 4-hour timeframe. This zone has previously acted as strong demand and could prevent further declines. Should this support fail, the next level is around $2,300, coinciding with the 200-day moving average (MA200). The Relative Strength Index (RSI) on the daily chart is currently at 60, indicating neutral conditions, but a bearish divergence in higher timeframes suggests a potential correction. The 50-day and 200-day moving averages are converging, with MA50 acting as dynamic support around $2,650. A bullish flag pattern is visible on the daily timeframe, signaling a potential continuation of the uptrend if the $2,850 resistance is breached. However, declining trading volume suggests a lack of strong momentum for an immediate breakout. Traders should watch for a volume spike to confirm a breakout. In Elliott Wave analysis, Ethereum may be completing a corrective wave four, with a potential fifth wave pushing prices toward $4,000–$5,500. External factors, such as Ethereum ETF developments and global monetary policies, could influence price action. Overall, Ethereum may face a short-term correction toward $2,500, but its medium- to long-term outlook remains bullish. Traders should practice risk management and monitor key levels for entry or exit points.