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Coin Edition 2025-07-06 00:35:31

Ethereum (ETH) Price Prediction for July 6, 2025: Can ETH Break Out After Retesting $2,520?

Ethereum (ETH) Price Prediction for July 6, 2025: Can ETH Break Out After Retesting $2,520?

After a sharp retreat from the $2,640 zone earlier this week, the Ethereum price today is consolidating near $2,523. The broader chart structure shows ETH is compressing within a symmetrical triangle, with key support near $2,480 and visible resistance at $2,560. Multiple indicators suggest the asset is preparing for its next directional move — but can bulls maintain their control? What’s Happening With Ethereum’s Price? ETHUSD price dynamics (Source: TradingView) On the 4-hour chart, Ethereum has rebounded from the $2,450 zone, reclaiming the mid-Bollinger Band and stabilizing just above the 100 EMA at $2,486. All four EMAs (20/50/100/200) are now clustering tightly between $2,486 and $2,525, indicating a pivotal area for ETH. A decisive move from this level is likely to determine whether Ethereum price action turns bullish or retreats. ETHUSD price dynamics (Source: TradingView) Structurally, ETH continues to respect a broad ascending triangle formed since early June, with higher lows seen near $2,240 and a horizontal ceiling near $2,560. The current candle structure shows reduced volatility and tightening price action — a classic setup for breakout … The post Ethereum (ETH) Price Prediction for July 6, 2025: Can ETH Break Out After Retesting $2,520? appeared first on Coin Edition .

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