Ethereum (ETH) Price Prediction for July 3

Key Points

1. Ethereum's price is trading around $2,448, caught in a tight zone beneath multiple resistance bands after rebounding from June’s lows near $2,100.

2. On the monthly chart, ETH remains between long-term uptrend support from March 2020 and descending resistance from its $4,900 peak, with $2,130 acting as a key support level.

3. The recent retracement is tied to declining volume and fading intraday momentum, with resistance near $2,450–$2,470 and support at $2,424.

4. A breakout above $2,470 could target $2,520–$2,545, while a breakdown below $2,424 may lead to a drop toward $2,312 and $2,211.

5. Technical indicators like MACD, RSI, and OBV suggest a neutral-to-bullish bias, but lack of strong volume may limit upside momentum.