Ethereum price jumps sharply, breaks $2,350 resistance with 8% gain

Updated

June 25, 2025

Gambar Ethereum price jumps sharply, breaks $2,350 resistance with 8% gain

Jakarta, Pintu News – Ethereum , one of the leading cryptocurrencies, has recently shown significant price recovery. From the $2,120 support level, Ethereum managed to break through several significant resistance levels, signaling the potential for further gains in the near future.

Ethereum Dynamic Recovery

Ethereum (ETH) started an impressive price increase from the $2,120 support level, showing that market forces have not yet subsided. On the move, Ethereum managed to cross the $2,200 and $2,250 resistances, indicating aggressive buying from investors. The break of the bearish trend line with resistance at $2,240 adds evidence that the bullish momentum may continue.

Currently, Ethereum price is above $2,300 and also above the 100-hour Simple Moving Average. This suggests that current market conditions are favorable for buyers, and Ethereum may continue to seek higher price levels in the upcoming trading sessions.

Potential Increase and Existing Barriers

After breaking through key resistance, Ethereum now faces further resistance at $2,440, $2,460, and $2,500. If Ethereum manages to cross the $2,460 resistance, there is potential to reach $2,550, $2,620, and up to $2,650. This rise is supported by technical indicators that still show bullish momentum, although the Hourly MACD Indicator is starting to lose its momentum in the bullish zone.

However, if Ethereum fails to break $2,460, there could be a new price drop. Initial support is at $2,340, with the next major supports at $2,320 and $2,250. Further declines will probably target support levels at $2,150 and $2,120.

Technical Analysis and Future Predictions

Ethereum’s Hourly RSI indicator is above the 50 zone, which indicates strength on the buyers’ side. However, it is important to monitor this indicator because if the RSI returns below 50, it could be an early warning signal for buyers to be cautious. Ethereum’s main support is currently at $2,320, which must be maintained to avoid further declines.

Aayush Jindal, who has over 15 years of experience in forex and crypto trading, advises investors to do their own research before making investment decisions. The information provided is for educational purposes and does not represent NewsBTC’s opinion on investments.

Conclusion

With a strong price recovery and the potential for further gains, Ethereum shows that the crypto market still has a lot of dynamics. Investors and traders should monitor the mentioned resistance and support levels to make informed trading decisions. It is always important to consider technical and fundamental analysis before making investment decisions in a volatile market like crypto.

Also Read: Dogecoin Continues to Slump: Is this $480 Utility Coin the Wiser Choice in the Crypto World?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.