Ethereum (ETH) Price Prediction for July 8

Key Points

1. Ethereum (ETH) has risen by 1.19% in the last 24 hours.

2. The price of ETH may face local resistance at $2,600 on the hourly chart.

3. If buyers fail to push the price above $2,646 by the end of the day, growth may stall.

4. A potential test of the $2,700-$2,750 zone could occur if the price recovers.

5. Midterm trading volume is falling, indicating a lack of readiness for sharp moves by buyers or sellers.

6. Ethereum is trading at $2,567 at press time.