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Ethereum: weekly momentum is the weakest of the majors as price hugs 1,500 support

Jun 22, 2026 · ETH

MoonWire's compute puts Ethereum in an aligned-down structure with the deepest momentum reading of the three majors — weekly RSI near 33.5. Price near 1,731 is pressed toward a support band around 1,505-1,554 that the monthly has tested seven times.

The cross-timeframe read

Ethereum's defining tell this week is momentum depth. Trend reads down on all three timeframes, and on the weekly RSI sits near 33.5 — the lowest momentum reading among BTC, ETH and SOL this week, edging toward the sub-30 band many readers associate with stretched, oversold conditions. At a last price of 1,731, price trades below its 20-period EMA on every timeframe (about 1,927 on the 3-day, 1,980 on the weekly and 2,745 on the monthly).

Trend strength and momentum

Both the weekly and monthly read trend strength strong, with the monthly efficiency ratio near 0.82 — an unusually direct, low-noise decline. The 3-day is moderate. Momentum is bearish across the board: RSI near 37.6 on the 3-day, 33.5 on the weekly and 41 on the monthly. The conventional reading of a strong, efficient downtrend paired with low RSI is a market that is both firmly trending down and increasingly extended.

The levels in play

The nearest support our pivot scan flags is 1,505 on the 3-day and weekly, and the monthly marks a closely related shelf at 1,554 that has been tested seven times — the most-touched level on Ethereum's chart. Nearest overhead resistance our scan flags is around 1,850 on the 3-day and 2,425 on the weekly (two touches).

The order-block scan flags an unmitigated bearish zone near 2,009-2,150 on the 3-day, an area where prior selling concentrated; no fresh bullish zone is flagged on the shorter timeframes.

Numbers above are from MoonWire's deterministic TA engine as of the snapshot time and describe current chart structure, not a forecast.

Sources & assets

Assets

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