Can Ethereum escape the $1,800–1,900 range today?
▫️ ETH trades near $1,854, below the EMA 9 at $1,859 and SMA 200 at $1,888. Volume and momentum remain weak.
▫️ Lower oil prices have temporarily eased inflation concerns, but U.S.–Iran negotiations remain unconfirmed. Traders are waiting for action rather than diplomatic promises.
▫️ Prediction-market traders see a 98% probability of ETH remaining above $1,800 by noon ET, but only a 3% probability of it exceeding $1,900. Expectations remain firmly range-bound.
▫️ ETH is compressing inside a falling wedge. Immediate support sits at $1,833, while $1,865–1,888 remains the main resistance zone.
A confirmed hourly close above $1,865 opens the way toward $1,888–1,900. Losing $1,833 would expose $1,810–1,790.
Disclaimer: This is not invest advice.
▫️ ETH trades near $1,854, below the EMA 9 at $1,859 and SMA 200 at $1,888. Volume and momentum remain weak.
▫️ Lower oil prices have temporarily eased inflation concerns, but U.S.–Iran negotiations remain unconfirmed. Traders are waiting for action rather than diplomatic promises.
▫️ Prediction-market traders see a 98% probability of ETH remaining above $1,800 by noon ET, but only a 3% probability of it exceeding $1,900. Expectations remain firmly range-bound.
▫️ ETH is compressing inside a falling wedge. Immediate support sits at $1,833, while $1,865–1,888 remains the main resistance zone.
A confirmed hourly close above $1,865 opens the way toward $1,888–1,900. Losing $1,833 would expose $1,810–1,790.
Disclaimer: This is not invest advice.
Trade closed: target reached
Update: The bullish scenario was confirmed. ETH closed above $1,865, broke through the $1,888–1,900 resistance zone and reached $1,926. The key question now is whether $1,900 can hold as support.
Disclaimer: This is not investment advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.