Our Ethereum price prediction came true, as and the rate rolled back to $255 mark. Even though the rate has been dropped by 1%, the trading volume remains at the present levels, suggesting that traders and investors see potential in the leading altcoin.
On the 4-hour chart, Ethereum remains bullish until the $250 level is not broken. The leading altcoin has not showed its all potential in June, as the price is located below levels reached in May. Thus, the MACD indicator has been bullish, confirming the price rise until the end of June. In this regard, ETH may reach $270 until June 20.