Ethereum Remains Range-Bound Above $2,400

Ethereum (ETH) Current Statistics

The current price: $2,555.47
Market Capitalization: $308,534,672,484.43
Trading Volume: $37,740,558,158.98
Major supply zones: $3,500, $4,000, $4,500
Major demand zones: $2,500, $2,000, $1,500

Ethereum (ETH) Price Analysis June 13, 2025

Ethereum’s (ETH) price has fallen for the third time below the 21-day SMA support, although it remains range-bound above $2,400. The biggest altcoin has been moving sideways above the $2,400 support and below the $2,800 barrier. The bears have the upper hand while attempting to push the altcoin below the 50-day SMA support. The support at $2,400 halted the bearish trend.

The crypto price is currently below the 21-day SMA barrier but above the 50-day SMA support. The 50-day SMA will be violated on the downside if the negative momentum continues. The psychological price level of $2,000 will be revisited when Ether declines. Ether will rise once again when it recovers and crosses above the 21-day SMA level. The $2,800 barrier is where the upward move is stalled.

ETH Technical Indicators Reading

The price bars move above and below the 21-day SMA barrier, although they are now below it. But the price of cryptocurrency is stuck between the lines of the moving average. The horizontal moving average lines will be broken to identify whether the move is upward or downward. The price bars on the 4-hour chart are situated beneath the moving average line, which slopes horizontally.

Conclusion  

Ethereum is range-bound above the $2,400 support and below the $2,800 resistance. The 4-hour chart’s price bars fluctuate above and below the moving average lines when they are in a range. Today, the price dropped to $2,440 before rising once more. The cryptocurrency price is bouncing above the present support even if it is below the moving average lines. Ether has halted its decline because it is above the current support level.

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