{"id":10654,"date":"2026-07-10T11:11:22","date_gmt":"2026-07-10T11:11:22","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10654"},"modified":"2026-07-10T11:11:22","modified_gmt":"2026-07-10T11:11:22","slug":"ethereum-approaches-1800-as-bulls-test-key-resistance","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10654","title":{"rendered":"Ethereum approaches $1,800 as bulls test key resistance"},"content":{"rendered":"
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Key takeaways<\/span><\/p>\n
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Ethereum (ETH) is extending its recovery, trading near $1,800, a key technical resistance level.<\/span><\/li>\n
Despite improving momentum, ETH remains below its 50-day, 100-day, and 200-day EMAs, keeping the broader trend cautious.<\/span><\/li>\n
Technical indicators, including the RSI and MACD, suggest bullish momentum is strengthening.<\/span><\/li>\n<\/ul>\n
Ethereum price nears $1,800 as recovery momentum builds<\/h2>\n
Ethereum (ETH) continued its recovery on Friday, climbing to around $1,790 as buyers pushed the cryptocurrency closer to the important $1,800 resistance level.<\/span><\/p>\n
Although recent gains have improved short-term sentiment, Ethereum remains below several major moving averages, indicating that the broader trend has yet to shift decisively in favor of the bulls.<\/span><\/p>\n
Ethereum\u2019s recovery is approaching a significant technical hurdle at the 50-day Exponential Moving Average (EMA) near $1,800.<\/span><\/p>\n
The asset continues to trade below all of its major trend indicators, including the 50-day EMA at $1,800, the 100-day EMA ($1,956), and the 200-day EMA ($2,235)<\/span><\/p>\n
This cluster of moving averages continues to cap upside momentum and suggests that the broader market remains in a corrective phase despite the recent rebound.<\/span><\/p>\n
Momentum Indicators Turn More Constructive<\/h2>\n
Technical indicators point to improving buying momentum. The Relative Strength Index (RSI) is hovering around 60, moving above the neutral 50 level and indicating that buyers are gradually regaining control.<\/span><\/p>\n
Meanwhile, the Moving Average Convergence Divergence (MACD) remains in positive territory, signaling strengthening bullish momentum as Ethereum attempts to build on its recent recovery.<\/span><\/p>\n
While both indicators support additional upside in the short term, a confirmed breakout above the major resistance levels is still needed to establish a stronger bullish trend.<\/span><\/p>\n
The immediate resistance remains the 50-day EMA near $1,800. A successful daily close above this level could allow Ethereum to target the 100-day EMA around $1,956, followed by the important $2,000 psychological resistance.\u00a0<\/span><\/p>\n
Beyond that, the 200-day EMA near $2,236 represents the next major obstacle for bulls.<\/span><\/p>\n
<\/p>\n
On the downside, the primary support level sits around $1,385. A break below this area would signal renewed bearish pressure and could revive the broader downtrend.<\/span><\/p>\n
As long as Ethereum remains above its key support while momentum indicators continue to improve, the possibility of further consolidation\u2014and eventually a breakout above the $1,800 resistance zone\u2014remains intact.<\/span><\/p>\n
Key takeaways Ethereum (ETH) is extending its recovery, trading near $1,800, a key technical resistance level. Despite improving momentum, ETH remains below its 50-day, 100-day, and 200-day EMAs, keeping the broader trend cautious. Technical indicators, including the RSI and MACD, suggest bullish momentum is strengthening. Ethereum price nears $1,800 as recovery momentum builds Ethereum (ETH)<\/p>\n","protected":false},"author":1,"featured_media":10655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-10654","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eurozone"],"yoast_head":"\n
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![\"\"](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-10-2026-11_30_23-AM.png\")
\n<\/picture> <\/div>\n<\/p><\/div>\n![\"ETH\/USD](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/07\/ETHUSD_2026-07-10_11-19-51.png\")
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