Ethereum Chart Analysis: Keep Lines
Ethereum (ETH) is currently trading $2,530slightly surpassing the long-term uptrend line that has been providing consistent support since early May. This level is combined with nearby horizontal support $2,535is important for the short-term market structure.
ETH/USD 2-hour chart – TradingView
50 Period SMA The 2-hour chart is above the current price $2,629showing that ETH has recently fallen below the short-term moving average. This is a sign that it will weaken momentum. However, prices still retain important structural support.
meanwhile, RSI is nearly 38approaching the territory for sale. Historically, such levels have preceded bounce – especially when combined with trendline support.
Ethereum price performance: strong month, weak year
According to the latest performance snapshot:
- One day: –0.02%
- One week: +0.15%
- One month: +41.03%
- 6 months: –31.83%
- year to date: –24.03%
- 1 year: –32.49%
- 5 years: +939.61%
Despite the recent pullback, Ethereum A significant 41% increase in Maymarking one of the most powerful monthly performances of 2025. The current challenge is whether the Bulls can maintain the uptrend in June after Sharp breaks out.
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Ethereum price forecast: What to expect in June?
Ethereum is at the decision point. If the current trendline is retained and RSI continues to jump from sales, we could see a retest of $2,600-$2,630. However, the following breakdown $2,500 You can open the door to a deeper retracement $2,200 – Levels marked in red on the chart.
Traders should be aware of the following:
- Over 40 bullish RSI reversal
- Collect 50-SMA from the 2H chart
- Increased volume near the ascending support trendline
For detailed forecasts, read the full Ethereum price forecast.
Conclusion: Ethereum Bulls must protect $2,500
Ethereum’s May Rally is cooled, but the broader uptrend remains in effect $2,500-$2,530 on hold. If the Bulls defend this zone and the RSI begins a comeback, ETH can prepare for a new run in June. However, if this level breaks, prepare for a potential retest of $2,200 Or low.
Please update We will use ETH charts and real-time pricing to closely monitor key trendlines over the next few days.