- Ethereum is trading around $2,518 in a tight range, facing repeated rejections near $2,540–$2,570 as momentum indicators signal indecision.
- A breakout above resistance could target $2,600 and beyond, while failure to hold $2,510 may trigger a drop toward $2,480 or lower.
Ethereum (ETH) is currently caught in a pressure zone as it hovers around $2,518 with a modest 0.34% intraday dip on June 19, 2025. The bulls and bears are in a tug-of-war, with price movement squeezed beneath a critical resistance band of $2,540–$2,570. Despite multiple recent rallies above $2,600, each attempt has been sharply rejected—highlighting the strength of the upper Bollinger Band and the stubborn supply zone near $2,660.
Tight Range Signals Imminent Move
ETH is consolidating between $2,510 and $2,540, a compression zone rich in dynamic indicators.On the 4-hour chart, the 50 EMA ($2,539) and 100 EMA ($2,566) trap the price action. The lower Bollinger Band near $2,456 provides support, reinforced by a significant volume node at $2,520—an area where buyers have repeatedly stepped in to defend against dips.
However, momentum indicators are flashing mixed signals. The Ichimoku cloud shows ETH trading beneath the Kumo with flat Tenkan-Sen and Kijun-Sen lines—indicative of sideways movement. The ATR is contracting, suggesting a breakout may be near.
Bearish Divergences Add Pressure
Short-term charts show bearish divergence on the RSI (around 49.30), while the MACD remains flat and lacks any bullish crossover. The Directional Movement Index (DMI) also reflects a lack of conviction, with ADX under 20 and converging +DI/-DI lines. Price has also failed to breach a descending trendline at $2,540 for the fifth time since June 12—further confirming downward pressure.
What to Watch Next
If bulls manage to push Ethereum past the $2,540–$2,570 resistance cluster with a strong close above the VWAP and Bollinger midline, upside targets lie at $2,600, $2,660, and $2,710. Conversely, failure to hold $2,510 could open the door to a dip toward $2,480 or even $2,336 in a worst-case retracement.
Until ETH decisively breaks above $2,660, the overall trend remains neutral-bearish. Traders should brace for a volatile move as Ethereum tests the boundaries of its compression zone.
