ETH trades above the 200-week moving average at $2,245 while key supports now span down to $1,540
Price sits close to the 50-week SMA at $2,626 and shows signs of building momentum above this level
Weekly moving averages from 100W to 400W have formed a wide support base across multiple price cycles
Ethereum traded around $2,520 on June 8 while several long-term moving averages now cluster between $2,245 and $1,540. These key averages include the 8-week to 400-week simple moving averages, which serve as strong references for market cycles. Current levels suggest Ethereum may be building support for future momentum.
Source: X Key Weekly Moving Averages Define Market Structure
The ETH/USD chart shows several major weekly SMAs stacked closely between $2,245 and $1,540. The 8-week SMA stands at $2,245, while the 400-week SMA lies at $1,540. These averages serve as historical support and resistance in Ethereum’s past cycles and continue to shape the market outlook.
The 50-week SMA is currently positioned at $2,626, acting as short-term resistance for Ethereum’s upward push. ETH is trading slightly below this mark, which may create some pressure. Meanwhile, the 100-week SMA is at $2,450 and offers immediate support near the current price.
From January 2023 to June 2025, price has respected these averages multiple times. Previous retests of the 200-week and 300-week SMAs acted as major reversal zones. As of now, Ethereum’s price remains above most long-term trendlines, a condition typically associated with medium-term bullish sentiment.
Historical Cycles Aligned With Support Levels
Ethereum’s previous cycle bottomed near the 350-week SMA, then began a steep climb toward $4,000. This pattern repeated from 2020 to early 2021. As price approaches the $2,500 level again, historical behavior offers traders clues on possible market direction.
The convergence of moving averages also suggests a compression zone, where long-term holders accumulate positions. When price interacts with these cluster points, liquidity usually rises. This leads to volatile moves in either direction once the range breaks decisively.
The 150-week and 200-week SMAs, now at $2,288 and $2,245 respectively, may be important markers for buyers. A breakdown below this zone could shift momentum to lower bands near the 300-week SMA at $1,800. However, holding above $2,245 supports the case for continuation.
Long-Term Traders Monitor Trend Confluence
Long-term investors often track these 200W and 300W moving averages for strategic decisions. Price stability above these bands typically signals recovery from correction phases. The SMA structure is now more compressed than in 2022, increasing the probability of directional moves.
While short-term resistance sits at the 50-week SMA, momentum can return quickly with strong trading volume. Previous Ethereum runs began after reclaiming this level with consistent weekly closes. Price reclaiming $2,600 may be viewed as a trigger for continued growth.
Currently, Ethereum floats just above the 100-week average. As price stays between $2,450 and $2,620, market participants are closely watching moving average crossovers. These signals historically marked trend shifts in prior cycles.
