Ethereum RSI drops to lowest level since launch amid relentless selling pressure

Ethereum price started a recovery wave above the $1,600 zone. ETH is now consolidating and might rally if there is a clear move above the $1,750 resistance. Ethereum started a recovery wave above the $1,600 zone. The price is trading above $1,620 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $1,750 zone. Ethereum Price Aims for Upside Break Ethereum price remained bid above the $1,500 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $1,600 resistance. There was a break above a key bearish trend line with resistance at $1,600 on the hourly chart of ETH/USD. The price surpassed the 23.6% Fib retracement level of the downward move from the $2,005 swing high to the $1,505 swing low. Ethereum price is now trading above $1,620 and the 100-hourly Simple Moving Average. I

Vietnam is planning to require that all domestic crypto trading — including transactions in Bitcoin, Ethereum, and stablecoins like USDT and USDC — be settled in Vietnamese dong, a rule that would effectively bar dollar-paired trades on licensed platforms. Related Reading: Want In On SpaceX? Kraken Unveils Early IPO Access Via xStocks All Eyes On […]

A wallet linked to one of Ethereum’s co-founders has moved more than $121 million worth of ETH for the first time in over three years, and it could not have come at a worse time for market sentiment. The transfer comes at a sensitive moment for ETH, which reacted by falling to a yearly low […]

Ethereum’s latest price crash has pushed the cryptocurrency below $1,800, placing its monthly chart under pressure at a time when the entire crypto market sentiment has turned heavily bearish. There is also another weakness coming from the monthly RSI, which has now dropped to its lowest level since the asset launched in 2015. That reading has made the current setup very important, as previous deep RSI resets appeared near major Ethereum cycle lows in 2020 and 2022, and there’s also a question of whether the same pattern is forming again. Related Reading: Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline RSI Hits Its Lowest Level Since Ethereum’s Launch Ethereum has endured a brutal nine months since it peaked at $4,946 in August 2025. The brutal price action has culminated in a break below $1,800 in June, with the leading altcoin falling to as low as $1,536 in the past 24 hours, which is its lowest price level so far in 2026. Interestingly, that crash has caused the mont

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A pseudonymous crypto analyst has revealed that the Ethereum-to-Bitcoin pair has fallen back down to a price region that once preceded the bullish run seen in Ethereum’s past cycle. Related Reading: Bitcoin Reserves Resuscitation, Iran War Falls Into The Background, But What’s Going On With BTC? ETH/BTC Structure Mirrors 2020 Chart Before Reversal In an […]

Even hackers have started to accumulate the world's largest altcoin after the price massacre.

Bitcoin’s recent correction continues to shake market confidence, with the premier cryptocurrency enduring an intense selling pressure over the past several weeks. Since May 15, Bitcoin has steadily declined by 26.8%, with price now trading around the cycle bottom at $60,000. Despite the ongoing market weakness, it appears the latest decline may have pushed Bitcoin into one of its most attractive accumulation zones in years. Related Reading: Ethereum Golden Triangle Survives As Structure Remains Unbroken, This Target Says $10,000 Is Coming Power Law Model Produces Rare Bitcoin Undervaluation In a recent post on X, popular market analyst Darkfost highlighted a significant development in Bitcoin’s long-term valuation metrics. According to the analyst, the digital asset has now fallen into an extreme undervaluation zone based on the widely followed Bitcoin Power Law model. For context, the Power Law model is a long-term valuation framework that tracks Bitcoin’s growth trajectory. Rather t