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.
Here you can track your live ETH prices.
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.
