Ether price prediction: ETH risks dropping to $2k as selling pressure increases

2025-6-22 14:41

Key takeaways

ETH is the worst performer in the top 10 today, losing 7% of its value. The cryptocurrency risks dropping to the $2k level amid growing selling pressure. Ether drops below $2,300 after dipping 7%

Ether, the second-largest cryptocurrency by market cap, is the worst performer among the top 10 cryptos. It has lost 7% of its value in the last 24 hours and now trades below $2,300.

At press time, the price of Ether stands at $2,274 and risks dropping to the $2k psychological level if the bearish trend continues. Its poor performance comes as the broader crypto market records losses.

Bitcoin, the leading cryptocurrency by market cap, has dropped to the $102k region amid the growing tensions in the Middle East. If the trend continues, BTC, ETH, and other major cryptocurrencies could record losses in the coming hours and days.

Ether could test the support level at $2,174

The ETH/USD 4H chart is currently bearish, and the pair could record further losses if the trend continues. The RSI of 35 shows that Ether is facing heavy selling pressure from investors.

The MACD line crossed into negative territory since June 12th, indicating a sustained period of bears controlling the market. With the market still bearish, ETH could test the next support level at $2,174 in the coming hours or days. Failure to defend the $2,174 support level could see ETH quickly dump to the $1,860 region for the first time since May.

However, if the narrative changes and the bulls regain control, ETH could quickly target the next liquidity zone around $2,450. An extended bullish run could see it hit the transactional liquidity zone at around $2,700.

The post Ether price prediction: ETH risks dropping to $2k as selling pressure increases appeared first on CoinJournal.

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ether pressure worst performer cryptocurrency selling dropping

Источник: coinjournal.net

ether pressure → Результатов: 61


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The jaws of crypto investors fell to the floor on Wednesday, as cryptocurrencies, such as Bitcoin, Ether, and XRP, plummeted to establish new year-to-date lows. Although some cynics feared this rapid bout of capitulation for months, for many investors, this strong sell-side pressure, which saw BTC fall under $5,800, came straight out of left field.

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Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines).

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