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Crypto Prune > News > Crypto > Ethereum > Ethereum (ETH) price forecast for June 4th
Ethereum

Ethereum (ETH) price forecast for June 4th

10 months ago 1 Min Read

According to Coinmarketcap, market growth is the most likely scenario for most coins.

Article image

ETH/USD

Ethereum (ETH) percentage has risen 0.88% over the past 24 hours.

Article image

On the hourly chart, the price of ETH resulted in a false breakout of formed resistance of $2,647.

If the daily bar closes far from its mark, the Bears could potentially return to the game, which could drop to the $2,600 range.

Article image

In a longer time frame, the Bulls are about to seize the initiative. If daily candles are closed above current prices, the upward movement could last up to the $2,700 mark.

Article image

From a medium-term perspective, the focus should be on weekly bar closures, from a $2,738 level perspective. If a breakout occurs, the accumulated energy may be enough to test a critical area of ​​$3,000.

Ethereum trades at $2,636 at press time.

See also  Rising bets on Ethereum: Open interest in futures jumps to fresh months of heights
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