Ethereum course meets resistance, is the course now strong?
Ethereum forecast for Tuesday, July 8th, 2025: The Ethereum course was rejected at the Golden Ratio resistance at around $ 2,600 in a bear.
Will Ethereum initiate a correction? Or will the ETH course still break the golden ratio resistance.
Ethereum course reaches Golden Ratio level and encounters resistance
The ETH course has increased at around $ 2,600 at the Golden Ratio level, but was initially rejected in a bear. Nonetheless, the EMAs are now about a golden crossover, which would be bullish to the trend for short to medium term.
In addition, the MacD lines are crossed bullishly and the RSI is neutral, whereas the histogram of the MacD has been berry down since yesterday.
However, if Ethereum overcomes the Golden Ratio resistance at around $ 2,600, the course could increase at around $ 2,880.
The EMAs shaped a golden crossover in the 4h chart
In the 4h chart, the EMAs have now shaped a golden crossover again, which makes the trend confirmed bullish at short notice. The MACD lines, on the other hand, are very crossed and the histogram of the MacD is bärisch deeper.
In the meantime, the RSI occupies a neutral position and does not give bullish or bear signals.
Ethereum is currently encountering support at the 50-4hema at around $ 2,517.5. If this price level breaks, the next support is waiting at around $ 2,487 at the 200-4hema.
The Ethereum course is still on the 50-week-emotion of resistance
It can be seen in the weekly chart that Ethereum has been resisting at around $ 2,555 for nine weeks. Ethereum could not overcome the resistance yet.
Instead, a few weeks ago he was dismissed in Bär. Once there, the course was able to bounce bullly in order to rise again at around $ 2,555.
The indicators are largely bullish in the weekly chart. The MacD lines are bullishly crossed in the weekly chart, whereas the histogram of the MacD begins to tick the bear this week.
In addition, the EMAs have a golden crossover, which makes the trend in the medium term confirmed. In the meantime, the RSI occupies a neutral position.
The MACD histogram is developing in the Monthly Charm
The MACD lines are still crossed in the monthly type. However, the histogram of the MacD has been ticking bullly for three months.
In the meantime, the RSI occupies a neutral position and does not give bullish or bear signals. In order to leave the correction phase behind, Ethereum must overcome the Golden Ratio resistance at around $ 3,100.
Then Ethereum could return to the resistance area between around $ 4,100 and $ 4,900. Otherwise, the next significant support is waiting at around $ 2,248 and $ 1,950 at the latest.
The Ethereum course was able to stay against Bitcoin above the support zone
Against BTC Ethereum was able to bump into the support zone between around 0.01615 BTC and 0.02275 BTC Bullisch last month. Nevertheless, the EMAS shaped a death cross in the weekly chart, which is where the trend is beared in the medium term.
In contrast, the MACD lines are crossed bullish and the RSI is neutral. The histogram of the MacD has so far been berry deeper this week.
If Ethereum is increasing even higher, the next significant resistance is waiting at around 0.031 BTC. Otherwise, the next significant fib resistors are waiting at around 0.034 BTC and 0.045 BTC.
Ethereum (ETH) is among other things on this Crypto exchanges traded:
Here If it goes to the last ETH course forecast from July 1, 2025.
See the full Ethereum course forecast for 2025 here.
Disclaimer
In accordance with the guidelines of the Trust project, this price analysis article only serves for information purposes and should not be regarded as financial or investment advice. BeinCrypto commits to precise, impartial reporting, but the market conditions can change without prior notice. Always carry out your own research and consult a specialist before making financial decisions. In addition, the past performance does not offer any guarantee for future results.
