Usmanali140793
vip

ETH Market Technical Analysis โ€“ 3 July 2025


๐Ÿ“… Todayโ€™s Trend Overview

๐Ÿ“Š Market Snapshot
Ethereum (ETH) is currently trading around $2624, showing strong upward momentum. After a brief consolidation phase earlier in the week, ETH has broken out with impressive volume, signaling renewed bullish strength. ๐Ÿš€

๐Ÿ“ˆ Price Trend Analysis
ETH has been climbing steadily since bouncing from the $2450 support zone. The current price action shows a clear breakout above the $2550 resistance, turning it into a strong support area.

โœ… Short-term trend: Bullish

๐Ÿ“˜ Mid-term trend: Positive continuation

๐Ÿ” Long-term trend: Still in recovery mode but gaining strength

โš™ Technical Indicators Overview

RSI is hovering near the 60 level, indicating healthy momentum without being overbought.

MACD has crossed bullish, supporting the upside breakout.

Moving Averages: ETH is trading above the 20-day and 50-day moving averages, with the 200-day average now acting as a magnetic resistance near $2650.

๐Ÿ“ Chart Structure & Patterns
ETH is forming a clean ascending channel, indicating controlled and sustained growth. A breakout above the $2650 level could trigger a run toward $2800, while a rejection might lead to a retest of the $2550 zone for confirmation.

๐Ÿ› ๏ธ Trade Setup Suggestions
๐Ÿ”น Bullish Setup

Entry: $2570โ€“$2620

Target 1: $2780

Target 2: $3000

Stop Loss: Below $2540

๐Ÿ”ธ Caution Zone

If ETH closes below $2540, short-term weakness may emerge

Below $2450 = trend may shift to neutral or bearish

๐Ÿง  Final Thoughts
Ethereum is showing strong bullish signs with consistent upward movement and solid support beneath. The breakout above $2550 is a strong signal, but the real test lies at $2650. A clean break above this level could ignite a push toward $2800โ€“$3000. Traders should stay alert for volatility near resistance and manage risk carefully. ๐Ÿ“ˆ๐Ÿ”ฅ

#Crypto# #ETH# #BullRun# #Crypto Market Insights# #ETH Market Analysis#
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
Discoveryvip
ยท 07-03 16:50
Thank you for the good information ๐Ÿ‘
Reply0
Ybaservip
ยท 07-03 14:33
1000x Vibes ๐Ÿค‘
Reply0
View More
Muazzzzzvip
ยท 07-03 14:01
1000x Vibes ๐Ÿค‘
Reply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • ็ฎ€ไฝ“ไธญๆ–‡
  • English
  • Tiแบฟng Viแป‡t
  • ็น้ซ”ไธญๆ–‡
  • Espaรฑol
  • ะ ัƒััะบะธะน
  • Franรงais (Afrique)
  • Portuguรชs (Portugal)
  • Bahasa Indonesia
  • ๆ—ฅๆœฌ่ชž
  • ุจุงู„ุนุฑุจูŠุฉ
  • ะฃะบั€ะฐั—ะฝััŒะบะฐ
  • Portuguรชs (Brasil)