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Ethereum holds on to $1850 support and points to $2060 and $2150 resistance levels

2026-07-26 12:38:36
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Ethereum adheres to the US$1850 support and targets the US$2060 and US$2150 resistance levels.

Ethereum is maintaining the key support level of US$1850, maintaining the local pattern of higher highs and higher lows. This continued structure suggests that if momentum continues, Ethereum could move towards resistance levels of $1950,$2060,$2150 or even $2350.

Short-term rebound target looks towards $2060

After testing the lower edge of the rising channel, Ethereum has rebounded, strengthening the short-term bullish outlook. Cryptocurrency analyst Ali Martinez pointed out that as long as Ethereum holds the $1850 support area, it is possible to retest the $2060 near the upper edge of the channel.

Martinez emphasized that the $1850 region is a key point to maintain Ethereum's upward trajectory, and pointed out that successfully holding this position may mark a new round of gains, launching a shock towards higher resistance levels above $2000.

Trading data showed that Ethereum has rebounded to around $1886 after a brief correction to the channel support line. Historically, similar border reactions have often pushed prices further into the middle and upper track regions of the channel.

The current direct resistance is near US$1980, where Ethereum had difficulty maintaining its positive momentum before. If we break through this area decisively, it will enhance the current rebound and create conditions for moving towards US$2060.

The bullish scenario depends on whether Ethereum can hold $1850. A significant break below this level will weaken local uptrends and increase the possibility of a larger correction.

As long as Ethereum remains above $1850, the $1980 and $2060 targets will remain valid. However, once a break below, it may signal a change in market sentiment, and bears will dominate in the short term.

Support: US$1850
First resistance: US$1980
Subsequent resistance: US$2060, US$2150, US$2350

Key resistance is at US$2150, bulls maintain structure

Despite recent price fluctuations, Ethereum's series of higher highs and higher lows has not been broken. Analyst Daan Crypto Trades said breaking through the local high of $1950 could push Ethereum to $2150 or even $2350, reinforcing this positive pattern.

Clearing the $1950 resistance level is seen as a signal of renewed momentum, with the next major obstacle between $2150 and $2190, where important moving averages could constitute resistance.

Recent analysis shows that Ethereum has pulled back after hitting resistance around $1958, and buyers are currently focusing on holding the $1850 area. The region remains critical to sustaining rebound attempts.

If the daily closing price is higher than US$1950, it is likely to indicate that the bull's strength has increased and the market's attention will turn to the resistance range around US$2150 to US$2190. At this stage, Ethereum's 200-day moving average and exponential moving average meet, further increasing the difficulty of breaking through the upside.

After successfully overcoming these technical obstacles, Ethereum is expected to move further towards $2350 and a broader range high (about $2391), although achieving this goal will require stronger buying activity.

Conversely, if Ethereum fails to hold on to $1850, the bullish pattern will be weakened. Direct targets for the downside include $1788 and the more important support area around $1736.

Currently, the trend of Ethereum above $1850 is still positive. Market participants are watching for a confirmation signal of a breakthrough of $1950, which will be strong evidence of further upside; while a break below support could mean a return to the previous trading range.

Mini Dictionary: 200-day moving average and exponential moving average

The 200-day moving average is a long-term trend indicator obtained by calculating the average of closing prices over the past 200 days; the exponential moving average gives higher weight to recent prices, making them more responsive to market changes. Both are often used to identify trend directions and key support or resistance levels in cryptocurrency trading.

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