Ethereum price forecast (ETH) for June 18, 2025

Shocking Ethereum Price Drop: 5 Key Insights You Must Know!

Understanding the Current Trends in Ethereum’s Volatile Market

Ethereum is currently at a critical juncture following a weekend of extreme volatility. As of June 17, the price hovers around $2578, showing signs of consolidation after failing to break through the resistance level of $2650. Traders are on high alert, watching closely to see if ETH can maintain support above $2510 or if it will face renewed downward pressure.

“The Ethereum rally was sharply rejected in the $2680–2700 zone, a key supply area.”

The recent price action indicates a struggle between bulls and bears. The 30-minute and 4-hour charts reveal that Ethereum is currently testing support at $2510 and resistance at $2585. The Bollinger Bands are tightening, suggesting a potential breakout could occur soon, influenced by broader market sentiments or upcoming macroeconomic events.

Ethereum (ETH) Price: Mixed Signals from Key Indicators

The Relative Strength Index (RSI) on the 30-minute chart has slightly recovered to 44.14, hinting at a minor bullish divergence. However, the MACD remains in negative territory, indicating ongoing short-term pressure. The ICHIMOKU cloud analysis shows Ethereum trading just below the Tenkan-Sen ($2591) and Kijun-Sen ($2603), suggesting bearish pressure unless a breakout occurs.

Volume indicators like the Vortex Indicator (VI) show a preference for bulls, but the narrowing break suggests caution. The Directional Movement Index (DMI) indicates a softening bullish trend, with the ADX remaining elevated, signaling that the trend is still active.

Ethereum (ETH) Price: Liquidity Zones and Smart Money Insights

Recent price movements indicate that Ethereum is returning to a liquidity zone between $2500 and $2530. This area has previously acted as a demand zone for institutional investors, evidenced by bullish events earlier this month. Protecting this range could propel Ethereum back towards the resistance cluster of $2650–2680.

Conversely, a drop below $2510 could trigger selling pressure, pushing prices down to the $2440–2470 range.

Why is Ethereum’s Price Declining Today?

The recent rejection at $2680 has led to a wave of short-term profit-taking, increasing volatility. The MACD’s downward cross and fading RSI momentum confirm a loss of bullish strength. Additionally, the Chaikin Money Flow (CMF) has dipped below zero, indicating a weakening capital influx and signaling potential distribution.

Market indicators like the Donchian Channel and SAR suggest that the market remains indecisive. Ethereum is testing the middle lane of the Donchian range, while SAR indicators signal a potential short-term bearish reversal.

Short-Term Forecast for Ethereum Prices

As we move into June 18, Ethereum’s short-term outlook hinges on whether bulls can defend the demand zone of $2510–2530. Holding above $2585 could lead to a retest of $2650. However, failure to maintain support could see Ethereum drop to critical levels around $2440 and even $2380.

The current structure suggests a bullish recovery is possible if the price breaks out of the descending triangle visible on the 4-hour chart, potentially reaching $2780. Conversely, if bearish momentum continues and $2510 is breached, further declines to $2380 and even $2200 could occur.

Disclaimer: The information presented in this article is intended for informational and educational purposes only. It does not constitute financial advice. Coin Edition is not responsible for any losses incurred as a result of using the content, products, or services mentioned. Readers are advised to exercise caution before making any financial decisions.

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FAQ

1. What factors influence Ethereum’s price? Market sentiment, macroeconomic events, and trading volume are key factors.
2. Is Ethereum a good investment? It depends on individual risk tolerance and market conditions.
3. What is the current support level for Ethereum? The current support level is around $2510.
4. How can I track Ethereum’s price? Use platforms like TradingView or cryptocurrency exchanges.
5. What is the significance of the RSI? The RSI indicates whether an asset is overbought or oversold.
6. What does a bearish MACD signal mean? It indicates potential downward price movement.
7. How often should I check Ethereum’s price? Regular monitoring is recommended, especially during volatile periods.
8. What are liquidity zones? Areas where significant buying or selling occurs, influencing price movements.
9. Can Ethereum recover from a price drop? Yes, if market conditions improve and demand increases.
10. What should I do if Ethereum’s price falls? Assess your investment strategy and consider consulting a financial advisor.