Bitprismia

Ethereum (ETH) Price Analysis for July 12

2025-07-12 14:19:04

Main Idea

Ethereum (ETH) price has declined slightly, with potential for further drop to $2,900 if support breaks, but a bullish scenario could see it rise to $3,000-$3,100 by month-end if it stays above $2,857.

Key Points

1. Ethereum (ETH) price fell by 1.68% in the last 24 hours.

2. ETH is testing a local support level at $2,932; a breakout could lead to a drop to $2,900.

3. A weekly close above $2,857 could drive ETH's price to the $3,000-$3,100 range by month-end.

4. At press time, Ethereum was trading at $2,937.

Description

Can growth of Ethereum (ETH) continue next week?

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$ETH
$3603.24
+7.60%