Ethereum Price Prediction for Today, June 8: ETH Slips Below $1800 ByAzeez MustaphaPRO INVESTOR Updated: 08 June 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum price prediction shows that ETH is now approaching the crucial support, which could hit $1500 support. Ethereum Prediction Statistics Data: Ethereum price now – $1799 Ethereum market cap – $218.0 billion Ethereum circulating supply – 121.0 million Ethereum total supply – 121.0 million Ethereum Coinmarketcap ranking – #2 ETH/USD Market Key Levels: Resistance levels: $2400, $2500, $2600 Support levels: $1200, $1100, $1000 Buy Ethereum Now ETH/USD is at the moment trading below the 9-day and 21-day moving averages. However, the Ethereum price has been moving sideways as the bulls attempted to spark another rally. However, in the near term, Ethereum (ETH) may be able to find some support in the lower $1700 level. Ethereum Price Prediction: Ethereum Price May Touch $1500 Support According to the daily chart, the Ethereum price keeps ranging as the coin is experiencing a price drop. However, the Ethereum price is moving below the 9-day and 21-day moving averages, which is yet to break below the lower boundary of the channel. Presently, any further bearish drop below the channel may roll the market down, and this could hit the support levels of $1200, $1100, and $1000, while a possible bullish surge could drive the market above the moving averages. Meanwhile, the $2400, $2500, and $2600 may further provide resistance levels for the market. Therefore, the Relative Strength Index (14) is moving around 40-level, and staying there may cause the coin to drop more. Against Bitcoin, the market price is heading towards the south as ETH/BTC is currently trading at 5948 SAT below the 9-day and 21-day moving averages. However, if the Ethereum price slides below the lower boundary of the channel, the next key support could be at 5400 SAT and below. ETHBTC – Daily Chart Moreover, any further bullish movement above the moving averages could push the Ethereum price to the nearest resistance level of 6000 SAT. However, the resistance level of 6400 SAT and above could be visited if the technical indicator Relative Strength Index (14) crosses above 40-level, suggesting that the market may follow the bullish movement. Read more: How to buy Ethereum How to buy Cryptocurrency Join Our Telegram channel to stay up to date on breaking news coverage