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Ethereum Technical Analysis Report – 15th July 2025
As the cryptocurrency market continues to experience unprecedented growth, we’re witnessing a significant surge in Ethereum’s value. In fact, over the past three months, ETH has posted an impressive 85% gain, indicating growing confidence from investors in its long-term value.
Over the last 12 weeks, Ethereum-linked investment funds have seen a staggering 19.5% increase in assets under management (AUM), reaching $19.6 billion. This is a stark contrast to Bitcoin-linked funds, which recorded a more modest 9.8% growth, bringing their AUM to $176 billion.
The recent price action has led ETH to break above the critical $3,000 mark for the first time in five months. While still short of its previous peak of $4,900, this milestone is significant as it demonstrates Ethereum’s resilience and potential for continued growth.
We’ve seen a sharp correction in ETH’s price, with a nearly 26.5% drop from $2,879 to $2,111. However, the asset bounced back from the key support level of $2,150 and rallied up to $2,625 before consolidating and forming a range between $2,625 and $2,475 with low volumes. Following this move, ETH broke out of its range with strong buying pressure, resulting in an impressive surge to $3,083.
While the current price of $2,952 presents significant resistance, Ethereum must close and sustain above this level to continue its upward trajectory. Conversely, if it fails to do so, we may see support levels kick in at $2,850 and $2,650.
As always, we will continue to monitor the market closely for any changes or developments that may impact ETH’s value.
Source: zebpay.com
