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Ethereum nears $1,950 key resistance; Clarity Act vote could spark strong rally for ETH.

Market News
07 Aug 2026
FXEmpire
View Source
Bullish
Ethereum nears $1,950 key resistance; Clarity Act vote could spark strong rally for ETH.

Ethereum is approaching a crucial resistance level at $1,950, which if surpassed, could trigger a significant rally toward the 200-day EMA at $2,150 and beyond. This optimism is fueled by the U.S. Senate scheduling a vote on the Clarity Act after summer recess, a law that would enable more regulated crypto products and increase market liquidity. Despite August's historical bearish trend for Ethereum, strong inflows into Ethereum ETFs suggest investors are positioning for a bullish breakout. A successful break above $1,950 would signal renewed upward momentum for ETH in the coming days.

More News (ETH)

XRP surges 6.43% ahead of key U.S. Senate crypto vote and Federal Reserve meeting.

XRP surges 6.43% ahead of key U.S. Senate crypto vote and Federal Reserve meeting.

XRP led a crypto rally with a 6.43% gain over 24 hours as of September 14, 2026, outperforming Bitcoin and Ethereum ahead of a Federal Reserve meeting and unconfirmed reports of a Senate vote on crypto legislation. The Senate vote, tied to the CLARIT...

Market News
Bullish
7 hours ago
Ethereum nears $3,000 as a triangle pattern hints at a breakout and $350M ETH leaves exchanges.

Ethereum nears $3,000 as a triangle pattern hints at a breakout and $350M ETH leaves exchanges.

Ethereum is trading around $2,550 with a triangle chart pattern suggesting a potential breakout to $3,000, which would be an 18% gain. Analyst Ali Charts notes a similar pattern previously led to a 31% surge in three days. Additionally, about 140,000...

Technical Signals
Bullish
8 hours ago
Grayscale launches Bitcoin-free crypto portfolio with 26% XRP allocation for advisors.

Grayscale launches Bitcoin-free crypto portfolio with 26% XRP allocation for advisors.

Grayscale introduced a Bitcoin-free model portfolio heavily weighted with XRP at 26.11%, alongside Ethereum and Solana, aimed at simplifying crypto investing for financial advisors. The portfolio, launched in July 2026, has generated a 30.69% return ...

Market News
Neutral
11 hours ago
BNB Chain surpasses Solana as second-largest DeFi network by TVL, nearing $6B locked.

BNB Chain surpasses Solana as second-largest DeFi network by TVL, nearing $6B locked.

BNB Chain has overtaken Solana to become the second-largest decentralized finance (DeFi) network by total value locked (TVL), holding about $5.94 billion compared to Solana's $5.89 billion. This milestone reflects growing user engagement with BNB Cha...

Protocol Fundamentals
Bullish
12 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $78,700 and notable gains in XRP and XLM.

Cryptocurrency prices show mixed movements with Bitcoin near $78,700 and notable gains in XRP and XLM.

Cryptocurrency markets display varied price changes, with Bitcoin trading around $78,700, up nearly 2%. Ethereum and Binance Coin show modest gains, while XRP and Stellar Lumens (XLM) experience significant increases of 4.96% and 8.38%, respectively....

Market News
Bullish
15 hours ago
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