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Crypto Market 360

06/21 06:46

Ethereum has been range-bound, with prices slippin

Ethereum has been range-bound, with prices slipping 0.54% to $2524.22. However, whale wallets have been actively accumulating, which is a healthy sign for a possible breakout. Traders should take note that the 24H low of $2469.05 serves as immediate support.
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If ETH price holds above $2,500, a short-term rally to $2,600 is possible. Conversely, falling below $2,460 could take ETH back toward the $2,400 demand zone. That being said, the drop in 24H volume by 17.65% may reflect weakening conviction among retail traders.
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