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Technical analysis by InvestingScope about Symbol ETH: Buy recommendation (6/30/2025)

https://sahmeto.com/message/3606900
InvestingScope
InvestingScope
Rank: 2675
2.0

ETHUSD: Parabolic rally similar to 2017 targets $7,300

:Buy
Price at Publish Time:
$2,497.35
Buy،Technical،InvestingScope

Ethereum is neutral on its 1D technical outlook (RSI = 50.960, MACD = -24.810, ADX = 18.527), attempting to break over the 1D MA50, while still being inside a 6 week consolidation. This is no different than the 2016 consolidation on the 1W chart, that turned out to be just an accumulation pattern before a massive 2017 bullish breakout to the 4.0 Fibonacci extension. Time to go heavily long on ETH with TP = 7,300.## If you like our free content follow our profile to get more daily ideas. #### Comments and likes are greatly appreciated. ##

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