<ul data-eligibleForWebStory="true"><li>Ethereum failed to retest a crucial resistance line as support, entering a consolidation phase and reaccumulating above $2.3k.</li><li>The price of Ethereum is slowly breaking out following a steady surge in the past few days after tapping the $2,800 level and cooling off buying.</li><li>On the cusp of breaking out on the daily chart, Ethereum looks strong and ready for another major rally with a potential breakout above $3k.</li><li>Bulls are regaining dominance in the market, and a breakout above $2.8k could lead to testing higher resistance levels at $3k, $3,213, $3,525, and $3,744.</li><li>ETH’s key levels to watch include a close support at $2,548 and a breakdown support at $2,320, potentially leading to retesting levels at $2,104 and $1,873.</li><li>The current spot price of Ethereum is $2,783, indicating a bullish trend with high volatility in the market.</li></ul>

ETHEREUM PRICE ANALYSIS & PREDICTION (June 12) – ETH Set to Break Out After Briefly Reaccumulating, Where Next?

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