Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Ethereum price drops below $1,550, with $1,400 and $1,070 as next key support levels.

Technical Signals
06 Jun 2026
Coinpaper
View Source
Bearish
pluang ai news

Ethereum has broken key support levels and completed a bearish pattern, pushing its price below $1,550. Analysts warn this could be the start of a larger decline, with $1,400 and $1,070 identified as the next major support zones. The price remains under pressure as it fails to reclaim a key descending trendline, reinforcing a bearish outlook. While a short-term rebound is possible, the overall trend favors further downside unless Ethereum breaks above the resistance trendline.

More News (ETH)

Ethereum dips near $1,560 as co-founder-linked wallet moves $121M in ETH amid market pressure

Ethereum dips near $1,560 as co-founder-linked wallet moves $121M in ETH amid market pressure

Ethereum's price dropped near $1,560 following a significant transfer of 80,000 ETH (worth about $121.6 million) from a wallet linked to co-founder Joseph Lubin, which had been inactive for over three years. The ETH was moved to MakerDAO wallets and ...

Market News
Bearish
5 hours ago
Tether briefly surpasses Ethereum in market cap amid volatile crypto trading conditions

Tether briefly surpasses Ethereum in market cap amid volatile crypto trading conditions

Ethereum's market capitalization has fallen to about $186.263 billion, while Tether's stablecoin market cap rose to approximately $187.05 billion, marking a rare flip where Tether overtakes Ethereum. This shift is driven by increased demand for stabl...

Market News
Neutral
6 hours ago
Crypto fund CEO James Wo says bitcoin will outperform ether and reach $125,000 by 2027-28

Crypto fund CEO James Wo says bitcoin will outperform ether and reach $125,000 by 2027-28

James Wo, CEO of crypto investment firm DFG, argues bitcoin has stronger institutional support and safe-haven status than ether, which he believes won't reach new all-time highs soon. Wo points out that Ethereum's value is diluted by Layer-2 networks...

Market News
Bullish
6 hours ago
Ethereum plunges nearly 22%, dragging altcoins below $880B amid market-wide crypto sell-off

Ethereum plunges nearly 22%, dragging altcoins below $880B amid market-wide crypto sell-off

Ethereum dropped nearly 22% over a week, falling from $1,700 to $1,545 and triggering massive liquidations of $468 million. This decline dragged total altcoin market capitalization below $880 billion, reflecting a loss of confidence amid a prolonged ...

Market News
Bearish
7 hours ago
AI predicts Ethereum could reach $2,225 by June 2026 despite recent price struggles.

AI predicts Ethereum could reach $2,225 by June 2026 despite recent price struggles.

An AI model forecasts Ethereum's price could reach around $2,225 by June 2026, reflecting improved fundamentals despite recent market losses. Ethereum's growth is supported by increased institutional investment in spot ETFs, over 30% of ETH locked in...

Market News
Bullish
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App