Ethereum Price Forecast – ETH At A Critical Juncture with Both $3000 and $2000 Likely Targets

Highlights:

• Ethereum is now back between the $2814.0 resistance and $2404.5 support
• Breakout through $2814.0 could trigger a rally to $3000 
• Loss of $2404.5 support could see Ethereum retest $2000 or lower

Ethereum is moving in lockstep with Bitcoin today and is little changed. Ethereum was trading at $2451.35 when going to press, down by 0.01%. This inactivity in the market is also evident in Ethereum’s trading volumes. Ethereum volumes in the day are down by 18.75% to $16.66 billion. This is a good signal for Ethereum.

It indicates that Ethereum is reaching a point where daily price movements are not pushing holders to sell. This hints that the average Ethereum investor is now a long-term holder focused more on Ether fundamentals. The changing nature of Ethereum investors is not without basis. There are indicators within Ethereum and the macro environment that the price could go up over time. 

Global Economic Risks Cooling Off – A Bullish Signal for Ethereum Price

Starting with the macro environment, Ethereum and other cryptocurrencies have been held back by geopolitics and other issues threatening the global economy. This has seen investors take a risk-off approach to investing overall. However, this is changing as risk is increasingly reduced. 

President Trump managed to cool down the hostilities between Israel and Iran. There was a risk that the war could destabilise the global economy by disrupting trade, and investors ran to risk-off assets such as gold. 

Another macro issue that has kept the world economy at risk is the trade war between the US and the world, particularly China. This, too, is coming to an end. The US has managed to cut deals with multiple countries. The one the world is watching the most, China, appears to be getting close to signing an agreement with the US. Today, the two countries have shared details of their latest deal agreement. As the macro environment improves, money could flow more into cryptocurrencies, particularly Ethereum, the number one altcoin.

TODAY : U.S.–China trade deal officially signed yesterday, says Trump—includes rare-earth exports, student visa arrangements, and a 55% cumulative tariff structure. Sourced from Reuters and White House statements. pic.twitter.com/OvDL1nVBfh

— cryptomonster (@cryptomonster_) June 26, 2025

US Interest Rates Environment Could Trigger Money Flow Into Ethereum

Still on the macro environment, the US is approaching the end of its monetary tightening cycle. The next step will likely be a rate cut. This, at a time when the macro environment is getting better, could see a surge of liquidity into the cryptocurrency market. Given Ethereum’s strong fundamentals, particularly its decentralisation and strong adoption, an unlocking of liquidity could send Ethereum to new highs within the year.

FED GOVERNOR JUST SAID RATE
CUTS CAN START AS EARLY AS JULY

LETS FUCKING GO !!!! pic.twitter.com/YhQ0eXTM9F

— Max (@MaxCryptoxx) June 20, 2025

Ethereum Now Dominates The $24 Billion RWA Market

Among Ethereum’s strongest factors that make it attractive as the global economy improves is its adoption in RWA. Data indicates that the RWA market has grown by 380% in the last 4 years and is currently valued at $24 billion. While this value is spread across multiple competing blockchains, Ethereum takes the lion’s share, with over 59% of the total value. This indicates that stakeholders in this fast-emerging market believe Ethereum is the network best positioned to safeguard their interests. Such statistics will likely drive investor confidence in Ethereum and draw in retail and institutional money in the future.

Ethereum is set to dominate the RWA market, hosting 60% of the $7.5B in total tokenized assets, while XRP struggles at just $157K. The institutional shift towards Ethereum continues to grow, making it formidable in this space.

More infohttps://t.co/YJ7XUOV344#Ethereum…

— Cobak (@CobakOfficial) June 27, 2025

Technical Analysis – Ethereum Price Trading At Multi-Week Support

Ethereum is just above the multi-week support at $2404.5. This is after bears failed in their push through this support last week. If bulls sustain momentum, the key level to watch for Ethereum would be the $2814.0 multi-week resistance. 

A rally through $2814.0 could see Ethereum price test $3000 in the short term. However, if Ethereum bulls fail, then two scenarios could play out. The first is a consolidation between the $2814.0 resistance and the $2404.5 support. In the other scenario, bears take control and push Ethereum through the $2404.5 support a second time. In such a case, Ethereum could drop to prices below $2000.