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Ethereum breaks $1,800, confirming bullish pattern with potential 25% gain to $2,200.

Technical Signals
20 Jul 2026
FXEmpire
View Source
Bullish
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Ethereum surged past the $1,800 resistance, confirming a bullish W-shaped pattern and signaling a potential 25% rise to $2,200, near the 200-day EMA. Increased trading volume and a strong bounce off $1,500 support, alongside a weekly buy signal from the RSI hitting 30, suggest growing market confidence. This rally may mark the start of a broader crypto recovery, with Ethereum leading due to its strong use cases and decentralization. Investors are watching closely as this could signal the end of the bear market phase for crypto assets.

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