Ethereum Price Prediction as ETH Coin holds Crucial Support...Heavy Crash Incoming?

1 day ago 6



Ethereum is clinging to a key support trendline after cooling off from recent highs. With RSI near oversold and strong monthly gains, can bulls push ETH higher in June?

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Categories: Ethereumeth coinEthereum Price Analysis

Ethereum Chart Analysis: Holding the Line

Ethereum (ETH) is currently trading around $2,530, slightly above a long-term ascending trendline that has provided consistent support since early May. This level, combined with horizontal support near $2,535, is critical for the short-term market structure.

ETHUSD_2025-05-31_14-20-11.png

ETH/USD 2-hours chart - TradingView

The 50-period SMA on the 2-hour chart sits above the current price at $2,629, showing that ETH has recently dipped below its short-term moving average — a sign of weakening momentum. However, the price is still holding key structural support.

Meanwhile, the RSI is near 38, which is approaching oversold territory. Historically, such levels have preceded bounces — especially when combined with trendline support.

Ethereum Price Performance: Strong Month, Weak Year

According to the latest performance snapshot:

Screenshot 2025-05-31 142130.png
  • 1 day: –0.02%
  • 1 week: +0.15%
  • 1 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 had a massive 41% gain in May, marking one of its strongest monthly performances in 2025. The challenge now is whether bulls can sustain the uptrend into June after the sharp May breakout.

Track the live ETH price here.

Bitget CTA

Ethereum Price Prediction: What to Expect in June?

Ethereum is at a decision point. If the current trendline holds and RSI continues to bounce from oversold, we could see a retest of $2,600–$2,630. However, a breakdown below $2,500 could open the door to a deeper retracement toward $2,200 — a level marked in red on the chart.

Traders should watch for:

  • A bullish RSI reversal above 40
  • Reclaiming the 50-SMA on the 2H chart
  • Increased volume near the ascending support trendline

📈 Read the full Ethereum price prediction for detailed projections.

Buy Ethereum Before the Next Move

Want to get in on ETH before the next breakout or dip? Trade Ethereum on Bitget with our exclusive affiliate access:

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ETH/USDT Spot Trading

Conclusion: Ethereum Bulls Must Defend $2,500

Ethereum’s May rally has cooled, but the broader uptrend remains valid as long as $2,500–$2,530 holds. If bulls defend this zone and RSI starts reversing, ETH could gear up for a fresh run in June. But if this level breaks, prepare for a potential retest of $2,200 or lower.

Stay updated with the ETH chart and real-time price, and monitor key trendlines closely in the coming days.

Rudy Fares

Article By

Rudy Fares

Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.

Ethereum Chart Analysis: Holding the Line

Ethereum (ETH) is currently trading around $2,530, slightly above a long-term ascending trendline that has provided consistent support since early May. This level, combined with horizontal support near $2,535, is critical for the short-term market structure.

ETHUSD_2025-05-31_14-20-11.png

ETH/USD 2-hours chart - TradingView

The 50-period SMA on the 2-hour chart sits above the current price at $2,629, showing that ETH has recently dipped below its short-term moving average — a sign of weakening momentum. However, the price is still holding key structural support.

Meanwhile, the RSI is near 38, which is approaching oversold territory. Historically, such levels have preceded bounces — especially when combined with trendline support.

Ethereum Price Performance: Strong Month, Weak Year

According to the latest performance snapshot:

Screenshot 2025-05-31 142130.png
  • 1 day: –0.02%
  • 1 week: +0.15%
  • 1 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 had a massive 41% gain in May, marking one of its strongest monthly performances in 2025. The challenge now is whether bulls can sustain the uptrend into June after the sharp May breakout.

Track the live ETH price here.

Bitget CTA

Ethereum Price Prediction: What to Expect in June?

Ethereum is at a decision point. If the current trendline holds and RSI continues to bounce from oversold, we could see a retest of $2,600–$2,630. However, a breakdown below $2,500 could open the door to a deeper retracement toward $2,200 — a level marked in red on the chart.

Traders should watch for:

  • A bullish RSI reversal above 40
  • Reclaiming the 50-SMA on the 2H chart
  • Increased volume near the ascending support trendline

📈 Read the full Ethereum price prediction for detailed projections.

Buy Ethereum Before the Next Move

Want to get in on ETH before the next breakout or dip? Trade Ethereum on Bitget with our exclusive affiliate access:

✅ Buy ETH on Bitget

ETH/USDT Spot Trading

Conclusion: Ethereum Bulls Must Defend $2,500

Ethereum’s May rally has cooled, but the broader uptrend remains valid as long as $2,500–$2,530 holds. If bulls defend this zone and RSI starts reversing, ETH could gear up for a fresh run in June. But if this level breaks, prepare for a potential retest of $2,200 or lower.

Stay updated with the ETH chart and real-time price, and monitor key trendlines closely in the coming days.

Rudy Fares

Article By

Rudy Fares

Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.

Regular updates on Web3, NFTs, Bitcoin & Price forecasts.

Stay up to date with CryptoTicker.

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