The post Ethereum crypto price holds above $1,850, but can ETH break $1,900? appeared on BitcoinEthereumNews.com.
Ethereum [ETH] traded near $1,876 after recovering steadily from its June lows, but the rally has begun to lose momentum as buyers struggle to push the token above the $1,900 resistance zone. The broader recovery remains intact. However, softer capital inflows, lighter trading volume, and only modest institutional demand suggest Ethereum may need a stronger catalyst before attempting another breakout. ETH continues to face resistance near $1,900 Ethereum rebounded from around $1,500 in June before climbing towards $1,950 during July. Since then, the recovery has stalled. The $1,900-$1,950 range has repeatedly capped buying attempts, making it the key resistance area for the current uptrend. A decisive daily close above that zone would improve the technical outlook and could open the way towards the psychological $2,000 level. Source: TradingView On the downside, initial support sits near $1,845, followed by the broader $1,800 support zone that buyers successfully defended throughout July. A sustained move below $1,800 would weaken the current recovery structure and increase the risk of a return towards the $1,700-$1,750 consolidation area. Momentum remains positive, but buying pressure has cooled Technical indicators suggest buyers still retain a slight advantage, although momentum has clearly moderated. The Chaikin Money Flow [CMF] remained positive at 0.03, indicating capital inflows continue to marginally outweigh outflows. However, the indicator has declined significantly from its July peak near 0.20, suggesting buying pressure has become less aggressive as ETH approaches resistance. The Absolute Price Oscillator [APO] also remained above zero at 9.98, confirming that short-term momentum has yet to turn bearish. Even so, the indicator has gradually weakened in recent weeks, pointing to a slowing pace of the recovery rather than a fresh acceleration. Trading volume tells a similar story. Participation has remained well below the levels seen during June’s sell-off and the initial rebound, suggesting a…