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Ethereum holds above $1,850, eyeing $2,060 resistance amid whale accumulation and mixed momentum.

Technical Signals
24 Jul 2026
TheNewsCrypto
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Neutral
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Ethereum (ETH) is trading around $1,882, holding above the key $1,850 support level which could pave the way toward the $2,060 resistance. The price is pressing against a descending trendline that has capped gains for months; a break above it may signal a trend reversal, while rejection would keep the downtrend intact. Whale buying activity suggests accumulation at these levels, indicating a potential low-price opportunity despite ongoing market fear and volatility. Technical indicators show mixed momentum with short-term weakness but no panic selling yet, leaving room for further price movement either way.

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