TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Breaking: Ethereum price slides below $400 again signaling a trend reversal

  • ETH/USD just slipped below $400 briefly.
  • Ethereum price has been weaker in the past few days losing $400 twice, however, bulls have been able to recover.
Breaking: Ethereum price slides below $400 again signaling a trend reversal
Lorenzo StroeLorenzo StroeIndependent Analyst

Ethereum just dropped below $400 again but only for a few seconds. It is now trading at $402 again but it's unclear if this bounce is just a pause before the real breakout below $400.

ETH/USD daily chart

ETHUSD

Even though $400 is a significant support level, bulls still have the  $362.88 level as the last low of the daily uptrend. Anything above this level should be considered a higher low and a continuation of the daily uptrend.

Author

Lorenzo Stroe

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

More from Lorenzo Stroe
Share:

Editor's Picks

Ripple pulls back despite strong ETF inflows

Ripple pulls back despite strong ETF inflows

Ripple (XRP) is correcting on Monday, trading around $1.48, a 13% drop from last week’s peak of $1.70. The remittance token surged about 72% from $1.00 last week, in line with the broader crypto market’s bullish outlook.

Crypto Today: Bitcoin, Ethereum and XRP pull back as rally cools

Crypto Today: Bitcoin, Ethereum and XRP pull back as rally cools

The cryptocurrency market is broadly correcting on Monday as investors shift focus to profit-taking after last week’s rally. Bitcoin (BTC) is edging lower amid capped upside below $80,000, with immediate support at $77,000.

Bitcoin stalls as profit-taking starts 

Bitcoin stalls as profit-taking starts 

Bitcoin stalls near $77,000 on Monday after surging over 23% last week, marking its strongest weekly gain since mid-March 2023. US-listed spot ETFs recorded $1.92 billion in weekly inflows, their highest weekly inflow so far this year and the largest since October 2025.

Solana eyes $100 breakout amid governance voting, renewed ETF inflows

Solana eyes $100 breakout amid governance voting, renewed ETF inflows

Solana (SOL) edges lower to $94 on Monday, following a 27% rebound last week to a two-month high. SOL-focused Exchange Traded Funds (ETFs) recorded four consecutive days of inflows last week, totaling $28.34 million, suggesting renewed institutional buying.

Bitcoin: The US Treasury saves BTC

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.

Breaking: Ethereum price slides below $400 again signaling a trend reversal