Ethereum price tumbles below $1,900, will $1,850 hold?

6 days ago 5



Ethereum price fell nearly 2% to about $1,883 on July 31 after another rejection below $2,000 weakened momentum and pushed the token toward a key technical support zone. Summary Ethereum price traded near $1,883, down 1.8% on the daily chart. The 4-hour RSI dropped to 43.02, showing weakening short-term momentum. Support sits near $1,873–$1,875, with deeper liquidity around $1,850. Liquidation clusters near $1,935–$1,940 could attract price during a recovery. Ethereum price action today According to data from crypto.news, Ethereum (ETH) price extended its retreat on Thursday after buyers failed to sustain a move toward the $2,000 psychological level. The token traded at approximately $1,883 at the time of the charts, down 1.82% on the day. ETH reached an intraday high of $1,936 before falling to a low near $1,878, showing that sellers remained active above $1,900. Price action on the 4-hour chart shows Ethereum breaking below the middle Bollinger Band at $1,906. The move placed ETH close to the lower band at $1,875, where buyers may attempt to stabilize the decline. Ethereum price 4-hour chart — July 31 | Source: crypto.news Short-term momentum has also deteriorated. The 4-hour Rel...

Read Entire Article