Ethereum Price Forecast: $ETH on the verge of clearing $1,800 key level.
#Ethereum sustained $45.18 million in futures liquidations in the past 24 hours, per Coinglass data. The total amount of long and short liquidations is $15.37 million and $29.82 million, respectively.
ETH is retesting the $1,800 key resistance and 50-day Simple Moving Average (SMA) after three consecutive days of seeing a rejection near it. The consecutive small-bodied candlesticks near $1,800 signal indecision among bulls and bears.
A firm close above the $1,800 level, 50-day SMA and descending channel's upper boundary could mark the beginning of a major recovery for ETH. Such a move could see ETH tackle the resistance at $2,100.
On the downside, ETH could find support at $1,688. A decline below $1,688 could send the top altcoin toward a descending trendline extending from March 25.
The Relative Strength Index (RSI) and Awesome Oscillator (AO) histogram bar are above their neutral levels. This marks the first time the AO crossed above its midline in 2025. A daily close of the AO above its neutral level could strengthen ETH's bullish momentum. Meanwhile, the Stochastic Oscillator (Stoch) is in the overbought region, indicating ETH could see a potential short-term pullback
