Can Ethereum Reach $1,800 Again?

The price volatility of Ethereum has been quite quiet but is being calculated in recent weeks. Hovering around the $1,600 mark, ETH seems to be forming a base, but is it preparing for a breakout or will there be more bearish moves? With key technical indicators aligning and the moving averages tightening, Ethereum may be preparing for a significant move. Let's analyze what the charts are telling us and what could happen next. Ethereum Price Prediction: What Is Driving the Current Price Behavior of ETH? The price of Ethereum is currently trading at around $1,595. Although there have been no explosive moves recently, it is showing signs of resilience. The cryptocurrency market in general is still recovering after a volatile start in April, and the price of Ethereum is no exception. However, ETH has avoided the next crash and is showing signs of stabilization, suggesting that sellers may be losing strength. One of the clearest signs comes from the daily chart, where the price of ETH has spent several recent trading sessions moving sideways in a narrow range. This type of compression often precedes a larger move. Traders are closely watching, looking for confirmation of whether that move will be bullish or bearish. Daily Chart Overview: The Silent Battle Between Bulls and Bears

The daily chart paints a picture of Ethereum consolidating after a prolonged bearish trend. The price is sitting just below a cluster of key moving averages — including the 50-day, 100-day, and 200-day SMA currently acting as resistance overhead. These lines are much higher than the current price, around the range of $1,880 to $2,768. As long as Ethereum trades below these lines, the long-term trend remains bearish, but momentum seems to be shifting. Interestingly, the Accumulation/Distribution line (ADL) is rising again, indicating that larger players may be gradually accumulating ETH at the current level. The divergence between the price and this ADL shows that the selling pressure is weakening, and a breakout may only require the right catalyst. If ETH surpasses the $1,650 range, it could accelerate to $1,800 before testing heavier resistance areas above. Hourly Chart Analysis: Hold Firm or Lose Momentum?

The hourly chart provides additional insights into short-term sentiment. Ethereum has traded within a tight range between $1,585 and $1,600 over the past few days. Despite some short wicks on both ends during the day, the price has respected these boundaries with minimal volatility. This calmness may be deceptive. Looking at the hourly MA band, ETH is between the 20, 50, and 100 hourly SMAs, all of which are in the near range. These moving averages have started to flatten out, indicating that the momentum is neutral. The ADL on the hourly timeframe remained stable near 1,389, reflecting a balance between buying and selling activity — not enough to create a trend, but enough to show that traders have not lost interest yet. If buyers attempt to push the price of ETH above the range of $1,605–$1,610 with volume, it will be a strong signal that buyers are regaining control. Conversely, if it falls below $1,580, it indicates that sellers are still in control. Ethereum Price Prediction: Will There Be Any Breakthroughs Coming? The narrow range of Ethereum may be a sign that a breakthrough is imminent. In the short term, traders are watching the $1,610 level as the first barrier. A breakout above this level could push ETH towards $1,650, where it will face stronger resistance from higher moving averages. If this upward momentum continues and ETH holds above $1,700, then the possibility of a retest of $1,880 is likely. However, if the price of Ethereum loses the grip at the support level of $1,580, it could slide down to the level of $1,520, with $1,460 being a deeper support zone. Although the broader bearish trend still retains weight, the current consolidation and rising ADL indicate an increasing likelihood of a bullish reversal — especially if macro conditions remain stable. Final Thoughts: Wait or Join Now? Ethereum is at a technical crossroads. It is showing early signs of strength after a prolonged fall, but has yet to confirm a bullish breakout. The daily chart indicates a potential accumulation phase and the hourly chart reflects strong support, but the market needs a clear move above $1,610 to decisively shift short-term momentum in favor of the bulls. Investors and traders should closely monitor this area. A volume breakout could trigger a bullish rally to $1,800. But patience is key — until ETH prices surpass these levels, this remains a watch-and-react scenario rather than a moment to jump in.