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Ethereum price at critical trendline; next move could trigger recovery or further decline

Technical Signals
21 Jun 2026
CryptoTicker
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Neutral
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Ethereum is trading near a key rising trendline around $1,726, a level crucial for its short-term direction. If ETH breaks above and holds this trendline, it could push towards resistance levels at $1,760, $1,815, and possibly $1,850, signaling a recovery. However, failure to reclaim this support might lead to declines toward $1,700, $1,665, and $1,575, increasing the risk of a deeper correction. The trendline's reaction will determine whether Ethereum resumes its recovery or continues downward pressure.

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