You Won’t Believe What Happened to Ethereum Price—Brace Yourself for This Rollercoaster!

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So, Ethereum tried to break above $2,600, and surprise, surprise, it’s now sliding back down, maybe barely holding on to that $2,500 support. Who saw that coming?

  • Ethereum gave up the ghost below $2,600—clearly not in the mood for that fresh increase.
  • It’s now below $2,575, which is definitely not a good look, and somehow even lower than the 100-hourly Simple Moving Average. Ouch.
  • A hopeful trend line is clinging on with support at $2,525, but let’s not get too excited just yet. ETH/USD has some trust issues.
  • It could still get its act together and rise above $2,500. Let’s pray it happens.

Ethereum Price Takes a Breather (or a Nap?)

Ethereum hit a speed bump around $2,440 and thought, “Hey, why not try to recover?” So it bounced up above the $2,500 and $2,550 resistance levels. At least it tried.

It even spiked above $2,620 for a hot minute. But like any good party guest, the bears showed up near $2,660 and ruined the vibe. Classic.

The bears weren’t satisfied with just crashing the party at $2,660—they made sure to defend the 50% Fib retracement level from the $2,880 high to the $2,440 low. Ethereum price is now back under $2,600 like it has commitment issues.

But wait, there’s more. Ethereum is now trading below $2,575, completely ignoring the 100-hourly Simple Moving Average. Get it together, Ethereum.

There’s a glimmer of hope, though. A bullish trend line is hanging on by a thread at $2,525. If Ethereum can get past $2,620, we might see some light at the end of this tunnel. But first, it’s going to have to tackle $2,640 and $2,660. Good luck.

Let’s not get too optimistic, but if Ethereum breaks through $2,660, it could ride that wave all the way up to $2,720. And who knows, if it manages to break $2,720, we might be looking at a sky-high $2,800 or even $2,880. But let’s not count our chickens yet.

Could Ethereum Be Heading for a Crash? (Spoiler: Maybe)

If Ethereum can’t push past that pesky $2,660 resistance, it might start sliding down faster than your mood on Monday morning. Initial support is chilling at $2,540, but if it drops below that, we’re looking at $2,525. Things could get real ugly real fast.

And if it doesn’t get its act together soon, it could sink all the way to $2,440, or even hit the $2,350 support level. Hold on tight, folks, this ride isn’t over yet.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Nothing like a little bearish drama.

Hourly RSI – The RSI for ETH/USD is below the 50 zone. Translation: It’s not looking great.

Major Support Level – $2,500. Please, please stay above this.

Major Resistance Level – $2,660. Why does it always feel like the toughest hurdle?

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2025-06-17 06:44