Technical analysis by FOREXcom about Symbol ETH: Buy recommendation (6/10/2025)

ETH/USD has pushed above $2800, a key level it has done significant work either side of going back to 2022. Having broken above the important 200-day moving average earlier this week, and with indicators like RSI (14) and MACD pointing to growing topside momentum, a close above $2800 may encourage other bulls to join in the run higher.If the price can hold $2800, longs could be established above the level with a stop below for protection. The price action around $2800 during February reinforces the need to see the breakout stick before entering the trade.$3000 screens as a potential target, as does $3525—the 78.6% retracement of the December–April bear move. Beyond, $3750 was tagged on multiple occasions late last year, making it another possibility before the record highs come into view.If the price is unable to stick the $2800 break, the setup would be invalidated.Good luck!DS