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Ethereum faces key $1,800 resistance; breakout could lead to $2,000+, rejection risks deeper drop.

Technical Signals
08 Jul 2026
Coinpaper
View Source
Neutral
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Ethereum is currently testing a critical resistance level around $1,800, where about 4.3 million ETH changed hands previously. A successful breakout above this zone could open the path toward higher targets near $1,980 to $2,079, signaling stronger buyer momentum. However, failure to reclaim this level might lead to a decline toward support zones around $1,237 or even $1,000, indicating the bear market may still be ongoing. Analysts remain cautious, noting that Ethereum needs to confirm a bullish structure above this resistance to signal a potential trend reversal.

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