Ethereum Price Rebound Gains Traction After Clearing Key Hurdles
By Aayush Jindal | 2026-06-15 03:48:04 | 3 months ago
Ethereum price started a fresh increase and remained stable above $1,680.
ETH is now correcting gains and might continue higher if it clears $1,750.
Ethereum started a decent upward move above the $1,620 resistance.
The price is trading above $1,680 and the 100-hourly Simple Moving Average.
There is a bullish trend line forming with support at $1,665 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it stays above the $1,650 zone.
Ethereum Price Aims for More Upside Ethereum price managed to stay above the $1,600 support and started a fresh increase, like Bitcoin .
ETH price gained pace for a move above $1,620 and $1,640.
The price even climbed toward $1,740.
A high was formed at $1,731, and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $1,603 swing low to the $1,731 high.
Besides, there is a bullish trend line forming with support at $1,665 on the hourly chart of ETH/USD.
Ethereum price is now trading above $1,680 and the 100-hourly Simple Moving Average.
If the bulls remain in action above $1,665, the price could attempt another increase.
Immediate resistance is seen near the $1,720 level.
The first key resistance is near the $1,740 level.
The next major resistance is near the $1,780 level.
A clear move above the $1,780 resistance might send the price toward the $1,850 resistance.
An upside break above the $1,850 region might call for more gains in the coming days.
In the stated case, Ether could rise toward the $1,880 resistance zone or even $1,920 in the near term.
Another Pullback In ETH? If Ethereum fails to clear the $1,740 resistance, it could start a downside correction.
Initial support on the downside is near the $1,680 level.
The first major support sits near the $1,665 zone and the trend line.
The trend line is also near the 50% Fib retracement level of the upward move from the $1,603 swing low to the $1,731 high.
A clear move below the $1,665 support might push the price toward the $1,650 support.
Any more losses might send the price toward the $1,620 region.
The main support could be $1,600.
Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 zone.
Major Support Level – $1,665 Major Resistance Level – $1,740
ETH is now correcting gains and might continue higher if it clears $1,750.
Ethereum started a decent upward move above the $1,620 resistance.
The price is trading above $1,680 and the 100-hourly Simple Moving Average.
There is a bullish trend line forming with support at $1,665 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it stays above the $1,650 zone.
Ethereum Price Aims for More Upside Ethereum price managed to stay above the $1,600 support and started a fresh increase, like Bitcoin .
ETH price gained pace for a move above $1,620 and $1,640.
The price even climbed toward $1,740.
A high was formed at $1,731, and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $1,603 swing low to the $1,731 high.
Besides, there is a bullish trend line forming with support at $1,665 on the hourly chart of ETH/USD.
Ethereum price is now trading above $1,680 and the 100-hourly Simple Moving Average.
If the bulls remain in action above $1,665, the price could attempt another increase.
Immediate resistance is seen near the $1,720 level.
The first key resistance is near the $1,740 level.
The next major resistance is near the $1,780 level.
A clear move above the $1,780 resistance might send the price toward the $1,850 resistance.
An upside break above the $1,850 region might call for more gains in the coming days.
In the stated case, Ether could rise toward the $1,880 resistance zone or even $1,920 in the near term.
Another Pullback In ETH? If Ethereum fails to clear the $1,740 resistance, it could start a downside correction.
Initial support on the downside is near the $1,680 level.
The first major support sits near the $1,665 zone and the trend line.
The trend line is also near the 50% Fib retracement level of the upward move from the $1,603 swing low to the $1,731 high.
A clear move below the $1,665 support might push the price toward the $1,650 support.
Any more losses might send the price toward the $1,620 region.
The main support could be $1,600.
Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 zone.
Major Support Level – $1,665 Major Resistance Level – $1,740
keywords : ETH|ethbtc|ethereum|ethusd|ETHUSDT
sentiment : POSITIVE
category data : BTC | ETH | EXCHANGE | TRADING | CRYPTOCURRENCY