Ethereum Aims for $1800: Can ETH Get There This Week?
Ethereum's potential return to the $1800 price point is a topic demanding thorough analysis. Currently consolidating around $1600, ETH demonstrates resilience despite broader market.
Hovering around the $1,600 mark, ETH seems to be forming a base but is it preparing for a breakout, or is more downside coming? With key technical indicators aligning, many are wondering if ETH aims to breach the $1,800 mark. Can it reach there this week? Here's our take!
Ethereum (ETH) has recovered 10% in the past 24 hours, driven by the US administration’s 90-day pause on the trade tariffs for over 75 nations. The second-largest crypto by market.
ETH Price Analysis: Will $1800 Be Breached?
The ETH price is currently trading just below $1800 at $1797, while the gains have dropped below 10%. There is a strong resistance at $1860, and if it is overcome, then...
Ethereum currently trades at $1,830 with a critical support zone between $1,772-$1,824 that could determine whether ETH rises toward $2,100 or falls to $1,500. This area will be crucial to watch this week.
Key Factors Influencing the Ethereum Price
Key Catalysts Could Drive Recovery – The Pectra upgrade (focused on scalability & lower fees) and strategic reserve developments could push ETH toward $3,000 if successful. The success of these initiatives will heavily influence ETH's ability to reach and sustain above $1800.
The divergence between price and ADL suggests that selling pressure is easing and a breakout may just need the right catalyst. If ETH surpasses the $1,650 range, it could accelerate.
Ethereum's Future and the $2100 Target
With Ethereum now eyeing its multi-month high at $2,100, and Vitalik Buterin calling for a simpler, more scalable protocol, traders are revisiting their Ethereum price predictions.
Ethereum price prediction: We analyze the key factors and technical indicators to determine if Ethereum can reach $1800 this week and what's next.