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Ethereum nears $1,800 resistance; a breakout could push ETH to $2,400 if double-bottom confirmed.

Technical Signals
10 Jul 2026
FXEmpire
View Source
Bullish
Ethereum nears $1,800 resistance; a breakout could push ETH to $2,400 if double-bottom confirmed.

Ethereum (ETH) has risen 25% in 24 hours, retesting the key $1,800 resistance level. Despite this, trading volumes remain low and interest in ETH futures is declining, signaling cautious market sentiment. If ETH breaks above $1,800, it would confirm a double-bottom pattern at $1,550, potentially driving the price up to $2,400. However, current indicators show limited trader enthusiasm and fragile ETF inflows, so a sustained recovery is not yet assured.

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