Kraken: Ethereum Eyes Breakout as Bullish Momentum Builds

Ethereum's price is currently testing key resistance levels, with a potential breakout that could spark a significant rally. As of June 2025, ETH has shown strong bullish momentum, consolidating above critical support levels and breaching the $2,480 resistance zone. The cryptocurrency now aims for a breakout above $2,520, which could accelerate gains toward $2,580. Technical indicators highlight a robust foundation for further upside, with ETH maintaining its position above both the $2,450 psychological level and the 100-hour moving average. A bullish trend line further supports the optimistic outlook, suggesting that Ethereum may be poised for a substantial upward move in the near term. Investors and traders on platforms like Kraken are closely monitoring these developments, as a successful breakout could open the door to new yearly highs for ETH.

Ethereum Price Tests Resistance — Breakout Could Spark Rally

Ethereum's price action shows bullish momentum as it consolidates above key support levels. The cryptocurrency breached the $2,480 resistance zone and now eyes a potential breakout above $2,520, which could accelerate gains toward $2,580.

Technical indicators reveal strong foundations for further upside. ETH maintains position above both the $2,450 psychological level and the 100-hour moving average, with a bullish trend line forming at $2,440 support on hourly charts. Market structure appears constructive after the 23.6% Fibonacci retracement held following the push from $2,394 to $2,523.

The current consolidation phase suggests accumulation before the next leg up. Traders are watching for a decisive close above $2,550 resistance, which WOULD confirm continuation of the uptrend that began when ETH cleared the $2,420 support level earlier this week.

XRP Price Springs Higher — Rally Reignited with Bullish Momentum

XRP has surged past the $2.120 resistance level, signaling renewed bullish momentum. The cryptocurrency now trades above $2.150 and the 100-hourly Simple Moving Average, with technical indicators suggesting potential for further gains.

A decisive break above the $2.190 bearish trend line on the XRP/USD hourly chart (Kraken data) has opened the path toward $2.220 resistance. The asset briefly touched $2.2191 before undergoing a minor correction, maintaining support above the 23.6% Fibonacci retracement level of its recent upward MOVE from $2.070.

Market observers note XRP's performance mirrors broader crypto market trends, with Bitcoin and Ethereum showing similar strength. The next critical resistance levels sit at $2.250 and $2.320 — a clear breakthrough here could propel prices toward $2.350.

Dogecoin Shows Signs of Recovery but Faces Resistance at $0.168

Dogecoin has initiated a fresh uptick, climbing above the $0.160 mark against the US Dollar. The meme cryptocurrency is now consolidating NEAR $0.1650, with traders eyeing a potential breakout above $0.1680.

A bullish trend line is forming on the hourly chart, providing support at $0.1650. The price currently trades above the 100-hourly simple moving average, indicating short-term bullish momentum. However, failure to breach the $0.1680 resistance could trigger a pullback.

Key levels to watch include immediate resistance at $0.1720, followed by $0.1750. A decisive close above $0.1750 may propel Doge toward the psychologically significant $0.180 level.