Ethereum (ETH) Price Prediction for June 10: Key Support, Volatility Ahead, and Breakout Risk Builds

Ethereum is trading within a tightening structure heading into June 10, showing signs of consolidation following a volatile week. After rejecting near the $2,540–$2,560 zone, the asset has slipped toward the $2,500 handle, a critical short-term support. The broader technical outlook suggests indecision, with bulls defending key moving averages while momentum indicators flash warning signals.

What’s Happening With Ethereum’s Price?

The Ethereum price today stands near $2,500, struggling to maintain traction after a failed breakout above the mid-$2,500s. On the 4-hour chart, the price is hovering just below the 20-EMA ($2,519) and attempting to stay within the Bollinger Bands middle band ($2,509). Multiple EMA clusters around the $2,519–$2,535 zone act as dynamic resistance, while downside protection begins near $2,435.

The Ethereum price action earlier in the week featured a sharp intraday sell-off from $2,560, as reflected on the 30-minute and daily timeframes. This created a shooting star candle on the 1D chart, which historically signals exhaustion and potential pullbac…

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