Ethereum Technical Analysis for the Week of June 16-June 23

1. Price Overview

Current Price: As of June 16, 2025, Ethereum's price is approximately $2,610.36 USD, with a 24-hour trading volume of $16.83 billion USD. It is up 2.59% in the last 24 hours.

Market Cap: Ethereum holds the #2 rank with a live market cap of $315.13 billion USD. Circulating supply is 120.72 million ETH.

Recent Performance:
Over the last 7 days, ETH has risen by 20%, showing strong upward momentum.

In the past month, ETH increased by 16.61%, adding an average of $624.97 to its value.

ETH has underperformed compared to Bitcoin in 2025 but shows signs of recovery with institutional interest growing.

# Support and Resistance Levels:
Support: Key support is around $2,160–$2,020

Resistance: Immediate resistance lies between $2,739–$2,850. A breakout above $2,800–$3,000 could target $3,400–$4,100.



-- Disclaimer --

This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.

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