NewsBTC
Apr 21, 2026 upd. 7 Jun

Ethereum stays below $2,360; risks a drop toward $2,250 support zone

1 min

Ethereum rebounds from $2,250, stalls under $2,360 resistance

Ethereum bounced off $2,250, then paused below $2,350 and the 100‑hour SMA. A failure to clear $2,360 risks a fresh drop.

Bulls broke a bearish trend line near $2,300 and reclaimed the 23.6% Fib of the $2,465 to $2,253 move. Price spiked above $2,335, then met supply. NewsBTC notes the move came as Bitcoin also tried to rebound according to this analysis.

ETH trades below $2,350 and the 100‑hour SMA. Momentum remains fragile per NewsBTC’s ETH update.

  • Immediate resistance sits at $2,330 source
  • Key barrier at $2,360, near the 50% Fib of $2,465 to $2,253 source
  • Next levels above at $2,385 and $2,420; a break opens $2,465 and $2,500 source
  • Supports at $2,290 and $2,250; below that $2,200, then $2,150 and $2,120 source

Indicators point lower. MACD gains bearish momentum. RSI sits below 50 source.

Ethereum Price