Latest development4 months ago
Ethereum Rebounds 10% but Faces Stiff Resistance at $1,800
A technical recovery driven by derivatives market activity faces a hurdle as ETH fails to sustain levels above $1,800.
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On July 6, Ethereum price bounced back strongly after finding support near the $1,550 level. On July 7, Ethereum was trading near $1,777 as analysts monitored the $1,800 resistance level.
A technical recovery driven by derivatives market activity faces a hurdle as ETH fails to sustain levels above $1,800.
Read the full storyEthereum trades near $1,777 as analysts monitor the $1,800 technical resistance level, with focus shifting to Binance liquidity and exchange reserves.
Amid struggling recovery attempts in the crypto market, Ethereum is facing mounting technical pressure that prevents it from breaking through critical levels.