CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
  • Market Updates
  • BTC Analysis
  • ETH Analysis
  • XRP Analysis
  • Interviews
CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
Home » ETH » Ethereum Price Analysis: ETH Bulls Defending $225 And Looking For a Rebound

Ethereum Price Analysis: ETH Bulls Defending $225 And Looking For a Rebound

Author: Yaz Sheikh

Last Updated Jul 1, 2020 @ 15:54
Getting your audio player ready...
  • Ethereum moved sideways over the past 24 hours as the bulls battle for the $225 level.
  • The cryptocurrency has been falling all week as it drops by 5% after failing to break $250 last week.
  • Against Bitcoin, Ethereum is attempting to reclaim the 0.025 BTC level.

Key Support & Resistance Levels

ETH/USD:
Support: $225, $215, $210.
Resistance: $245, $250, $265.
ETH/BTC:
Support: 0.0243 BTC, 0.0239 BTC, 0.0236 BTC.
Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.

ETH/USD: Ethereum Bulls Battling To Defend $225

Ethereum has moved sideways over the last three days as the coin trades along with the $225 support level. Before this, ETH had dropped lower from $250 as it broke beneath a rising trend line and reached the support at $215 (.236 Fib Retracement), where it rebounded.

Despite this, the bulls are still battling to retain control of the market momentum. However, a drop beneath $200 could cause a shift in sentiment for ETH from bullish to bearish.

ethusd-jul1
ETH/USD. Source: TradingView

ETH-USD Short Term Price Prediction

Looking ahead, if the sellers push beneath $225, the first level of support lies at $215. Beneath this, added support is found at $210 (100-days EMA), $200 (200-days EMA), and $190 (.382 Fib Retracement).

On the other side, if the buyers push higher, the first level of strong resistance is located at $245 (bearish .786 Fib Retracement). Above this, resistance lies at $250 and $265 (bearish .886 Fib Retracement).

The RSI is beneath the 50 line as the sellers control the market momentum. However, the buyers are trying to get it back above 50 for another push higher. Additionally, the Stochastic RSI is primed for a bullish crossover signal.

ETH/BTC: ETH Sets Eyes For 0.025 BTC Again

Against Bitcoin, Ethereum has traded between 0.025 BTC and 0.0243 BTC for the past five days. The 0.0243 BTC level is provided by a .236 Fib Retracement and has supported ETH for the entire period of June.

For ETH to continue its bullish push higher, the coin must rise above the June 2020 resistance at 0.0253 BTC.

ethbtc-jul1
ETH/BTC. Source: TradingView

ETH-BTC Short Term Price Prediction

Looking ahead, if the buyers push ETH higher, the first level of resistance is expected at 0.025 BTC. Above this, added resistance lies at 0.0253 BTC, 0.026 BTC (bearish .786 Fib Retracement), and 0.0263 BTC.

On the other side, the first level of support is located at 0.0243 BTC (.236 Fib Retracement). Beneath this, support lies at 0.0236 BTC (.382 Fib Retracement & 100-days MEA), and 0.023 BTC (200-days EMA and .5 Fib Retracement).

The RSI is trading at the 50 line, which indicates indecision within the market. If the RSI climbs above 50, then ETH can be expected to break the 0.0253 BTC resistance.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!


Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.
Tags: Ethereum (ETH) Price
Enjoy reading? Share with your friends
Facebook Twitter LinkedIn Telegram

About The Author

Yaz Sheikh
More posts by this author

Yaz is a cryptocurrency technical analyst with over seven years of technical analysis trading experience. As an Economics graduate, he has taken a keen interest in the future potentials of blockchain in the financial industry. Removing crypto from the equation, Yaz loves to watch his favorite football team and keep up-to-date with the latest fights within the UFC.

Join Our Community

FacebookX YouTubeTelegram


Editorials
How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

11 Best Meme Coins to Watch in June 2025

11 Best Meme Coins to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

11 Best Crypto Presales to Consider in June 2025

11 Best Crypto Presales to Consider in June 2025

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Join Our Newsletter
Become a CryptoPotato VIP
One Weekly Email Can Change Your Crypto Life.
Sign-up FREE to receive our extended weekly market update and coin analysis report
We NEVER send spam. You can unsubscribe at any time.
Invalid email address
Thanks for subscribing!
Footer Logo
About
Advertise on CryptoPotato
About Us | Contact Us | Careers
Editorial Policy
Terms of service | Privacy Policy | GDPR
More Sections
IEO List | Evaluations
Airdrops
Scholarship
Disclaimer
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
© Copyright CryptoPotato 2016 - 2025
Scroll to top
One Daily Email Can Change Your Crypto Life.

Sign-up FREE to receive our extended daily market update and coin analysis report

We never send SPAM. You can unsubscribe at any moment
Invalid email address
Thanks for subscribing!