Ethereum Technical Analysis: Price Trend Outlook for June 30, 2025

Technical analysis of Ethereum on June 30, 2025, covering resistance, support, and market indicators

The technical analysis of Ethereum on June 30, 2025, highlights a volatile market influenced by both technical and macroeconomic factors. Ethereum is currently trading around $2,518.89, up 0.55% in the past 24 hours. However, recent chart patterns indicate that Ethereum is in a corrective phase, facing strong resistance between $2,550 and $2,600. This zone has repeatedly acted as a significant barrier, preventing further price increases. On the 4-hour timeframe, Ethereum has recovered from the $2,375 support zone but is struggling to break through the $2,600 resistance. Signs of fading momentum are evident, with the RSI at 48, suggesting a neutral stance with a slight oversold tendency, which could indicate short-term selling pressure. The MACD indicator also shows a bearish crossover, reinforcing the likelihood of continued correction. A key support zone lies between $2,375 and $2,400, which has historically acted as a strong demand area. Should the price retreat to this level, buyers are expected to step in, preventing further declines. However, a break below this support could push prices toward $2,150 or even $1,954, a plausible bearish target. From a price pattern perspective, Ethereum is forming a falling wedge on the 4-hour chart, a pattern typically associated with a bullish reversal. A break above $2,600 could propel prices toward $2,800. However, given the declining trading volume and repeated rejections at resistance, a bearish scenario appears more likely in the short term. Macroeconomic factors, such as geopolitical tensions and monetary policies, continue to impact Ethereum’s market. Strong institutional demand, particularly through ETFs, persists, but market uncertainty could lead to increased volatility. Recent data indicates that the Coinbase Premium Index for Ethereum remains positive, signaling robust demand in the U.S. market. Traders should prioritize risk management. Setting stop-losses near $2,400 for long positions and $2,600 for short positions is advisable. Ethereum may test the support zone in the short term, but a break above resistance could trigger a strong bullish rally.