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7/6/2026 8:34:00 AM

ETH: Strong Weekly Close Fuels Upside Outlook

ETH: Strong Weekly Close Fuels Upside Outlook

ETH at $1762.71 eyes gains after strongest weekly close in a year, with 4h chart showing EMA50 support at $1703 and Bollinger resistance at $1802.

Source

Analysis

ETH posted its strongest weekly close in nearly a year, prompting @CryptoMichNL to flag consolidation before further gains.

Price sits at $1762.71 inside the Bollinger Bands, testing upper resistance at $1802.74 while the 50-EMA at $1703.04 and 200-EMA at $1747.27 anchor the bullish structure. With RSI at 58.93 and MACD flashing a death cross, a measured pullback toward the 50-EMA support remains the highest-probability path before continuation. ETH price prediction models now incorporate this confluence alongside broader crypto market sentiment.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast

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