Ethereum (ETH) Price Prediction for June 23, 2025: Can ETH Rebound After Slipping Below $2,250?

After a sharp decline from the $2,600 region, the Ethereum price today is struggling to hold above $2,240. The daily candle has closed in the red for three straight sessions, confirming a break below the critical $2,425–$2,450 demand zone. Intraday action is leaning heavily bearish, with RSI nearing oversold levels and MACD momentum weakening across multiple timeframes.

What’s Happening With Ethereum’s Price?

Ethereum’s 4-hour chart confirms a breakdown below the rising wedge structure that held throughout mid-June. Current price action is trading around $2,245, far below the 20/50 EMA cluster near $2,480–$2,525. Price also remains outside the lower Bollinger Band ($2,243), indicating Ethereum price volatility is elevated and downside risk is expanding.

The VWAP on the 30-minute chart sits above the price at $2,276 while the Parabolic SAR dots hover above the candles, showing persistent bearish momentum. 

From a broader trend perspective, the daily chart shows a rejection from the $2,800–$2,850 supply zone, with Ethereum n…

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