ETH Weekly Technical Analysis
Ethereum
Blockchain platform that enables smart contracts and decentralized applications (dApps).
ETH Technical Analysis Summary
Ethereum is currently in a confirmed bearish trend on the weekly timeframe, trading below all key moving averages including the 200-week SMA. The recent breakdown below the 2200 support level signals continued downside momentum, supported by a negative MACD histogram and an RSI that has not yet reached deep oversold levels. Immediate attention is on the Lower Bollinger Band around 1771; a failure to hold there could expose the 1600 structural support zone.
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ETH Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading well below the 20-week and 50-week SMAs and has recently broken below local consolidation support. Momentum is negative with the MACD lines sloping downward below zero.
Long-term Sentiment (weeks to months): Bearish
The asset is in a sustained downtrend characterized by lower highs and lower lows. Price is significantly below the 200-week SMA, and the Moving Averages are aligned in a bearish configuration.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-16T02:10:10.589Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $1,760.50 | $1,750.00 - $1,771.00 | Weak | Coincides with the Lower Bollinger Band, which may offer dynamic support. |
| $1,550.00 | $1,500.00 - $1,600.00 | Strong | Major structural support zone from previous consolidation phases. |
| $1,050.00 | $1,000.00 - $1,100.00 | Strong | Long-term cycle lows and psychological support. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $2,425.00 | $2,400.00 - $2,450.00 | Strong | Confluence of the 200-week SMA and previous breakdown levels. |
| $3,035.00 | $3,000.00 - $3,070.00 | Strong | Aligns with the 50-week SMA and the Bollinger Band basis (20 SMA). |
| $3,550.00 | $3,500.00 - $3,600.00 | Moderate | Most recent major lower high swing point. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Downtrend Channel | Bearish | N/A | Since the peak around 4000, price action has formed a clear series of lower highs and lower lows. |
| Strong | Bearish Breakdown | Bearish | $1,600.00 | Price recently lost the 2200-2400 consolidation zone, confirming continuation of the downtrend. |
Frequently Asked Questions about ETH
What is the current sentiment for ETH?
The short-term sentiment for ETH is currently Bearish because Price is trading well below the 20-week and 50-week SMAs and has recently broken below local consolidation support. Momentum is negative with the MACD lines sloping downward below zero.. The long-term trend is classified as Bearish.
What are the key support levels for ETH?
StockDips.AI has identified key support levels for ETH at $1,760.50 and $1,550.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is ETH in a significant dip or a Value Dip right now?
ETH has a Value Score of 86/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.