Jun 11, 2026
2 0
Ethereum trades below $1,650, needs $1,720 breakout to resume gains
ETH slips below $1,650. Bulls defend $1,610; upside needs $1,665–$1,720, per NewsBTC analysis.
Ethereum tracks the drop in Bitcoin and trades under the 100-hour SMA.
Key levels and signals:
- Trend: Price below $1,650 and 100-hour SMA; declining channel caps at $1,640 (source).
- Upside: Resistances at $1,650, $1,665, $1,680; break above $1,720 opens $1,780–$1,800 (source).
- Downside: Supports at $1,610, then $1,590 (61.8% Fib), $1,550, $1,520; main support $1,500 (source).
- Indicators: Hourly MACD loses bearish momentum; RSI above 50 (source).
Major support: $1,610. Major resistance: $1,665 (source).