{"id":12162,"date":"2026-06-10T05:00:36","date_gmt":"2026-06-10T05:00:36","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-looks-vulnerable-again-after-a-failed-recovery-attempt\/"},"modified":"2026-06-10T05:00:36","modified_gmt":"2026-06-10T05:00:36","slug":"ethereum-price-looks-vulnerable-again-after-a-failed-recovery-attempt","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-looks-vulnerable-again-after-a-failed-recovery-attempt\/","title":{"rendered":"Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt"},"content":{"rendered":"<p><em>Ethereum price started a downside correction from $1,720. ETH must clear the $1,670 and $1,700 resistance levels to continue higher.<\/em><\/p>\n<ul>\n<li>Ethereum started a downside correction below the $1,620 zone.<\/li>\n<li>The price is trading below $1,665 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move down if it stays below the $1,680 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Resumes Decline<\/h2>\n<p>Ethereum price failed to stay above the $1,700 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $1,680 and $1,665 levels.<\/p>\n<p>There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH\/USD. The bears pushed the price below the 38.2% Fib retracement level of the upward move from the $1,505 swing low to the $1,719 high.<\/p>\n<p>However, the bulls were active near the $1,610 level. Ethereum price is now trading below $1,680 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,610, the price could attempt another increase.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-901086\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/06\/Ethereum_a83568.png?resize=1024%2C472\" alt=\"Ethereum Price\" width=\"1024\" height=\"472\" \/><\/p>\n<p>Immediate resistance is seen near the $1,665 level. The first key resistance is near the $1,680 level. The next major resistance is near the $1,710 level. A clear move above the $1,710 resistance might send the price toward the $1,750 resistance. An upside break above the $1,750 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,840 resistance zone or even $1,850 in the near term.<\/p>\n<h2>Downside Continuation In ETH?<\/h2>\n<p>If Ethereum fails to clear the $1,710 resistance, it could start a fresh decline. Initial support on the downside is near the $1,610 level. The first major support sits near the $1,585 zone or the 61.8% Fib retracement level of the upward move from the $1,505 swing low to the $1,719 high.<\/p>\n<p>A clear move below the $1,585 support might push the price toward the $1,550 support. Any more losses might send the price toward the $1,520 region. The main support could be $1,500.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $1,550<\/p>\n<p>Major Resistance Level \u2013 $1,710<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a downside correction from $1,720. ETH must clear the $1,670 and $1,700 resistance levels to continue higher. Ethereum started a downside correction below the $1,620 zone. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1,700 on&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12163,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-12162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/12162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=12162"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/12162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/12163"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=12162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=12162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=12162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}