Shamma Alzarooni
Shamma Alzarooni
United Arab Emirates
$ETH Technical Analysis Summary (as of June 2026) Based on the daily chart, $ETH is trading at $1633.90, up $5.53 (+0.34%) with a bid/ask spread of $1633.90/$1633.95. $ETH remains in a medium-term downtrend after correcting sharply from the 2025 highs near $4800–$5000. Price has formed a series of lower highs and lower lows, trading below the yellow and blue moving averages. Recent sessions show minor stabilization with small green candles near the $1600–$1650 zone, but the broader structure remains bearish with no clear reversal pattern yet. Support levels are at $1628.84, $1817.58, $1836.67, $2280.78, $2796.13, and $3506.54 with resistance near $3506.54 and $4381.82. The RSI (14) at 43.22 suggests neutral to slightly oversold momentum. Monitor for a breakout above $2280.78 for continued upside or a drop below $1628.84 for downside pressure.
Not investment advice. The author may have financial interests in the mentioned instruments.
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