$ETH
Ethereum Price Consolidates Near $1,800 While US Economy Is Uncertain: Smart Investors Bet on Digital Assets:
Ethereum (ETH/USD) is trading around $1,829 as it consolidates beneath a significant technical hurdle: the $1,871 resistance zone. This level has rejected price advances three times, forming a textbook “triple top” pattern that now acts as a psychological barrier for buyers.
Despite the resistance, ETH remains supported by a rising trendline and the 50-period exponential moving average (EMA), currently holding around $1,821.
This convergence of trendline support and the EMA creates a key decision zone for traders. If Ethereum clears $1,871 on strong volume, bullish momentum could drive the price toward $1,910 and even $1,950.
Entry: Break and close above $1,871
Target: $1,910 → $1,950
Stop Loss: Below $1,821
For newer traders, it’s wise to wait for a confirmed breakout—chasing price action in tight ranges often leads to whipsaws.
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