Will ETH Drop to Lower Support?

Ethereum is nearing a critical moment as two widely shared charts highlight support levels that could shape its next major move. One analyst points to $1,800 as the line that keeps a larger bullish pattern alive, while another says the $2,000 zone must hold to prevent a deeper slide.

Ethereum Tests $1,800 Support as Ascending Triangle Stays in Focus

Ethereum is approaching a key support level near $1,800, according to a weekly chart shared by Ali Charts. The analyst said the current price structure may be forming an ascending triangle, with the rising trendline acting as the market’s “line in the sand.”

The chart shows Ethereum trading near $2,043 after a sharp pullback from the upper end of its recent range. At the same time, the rising support line extends from 2022 through 2026 and connects a series of higher lows. That trendline now meets the market around the $1,800 area, which makes the level technically important.

Ethereum Weekly Chart. Source: Ali Charts

If that support holds, the chart suggests Ethereum could stabilize and attempt another move higher. Ali Charts said a successful defense of the trendline could open the way for a rally toward $4,900, which marks the upper resistance area shown on the chart. In other words, the bullish setup depends on buyers keeping price above the triangle base.

However, the structure remains unconfirmed. Ethereum has not broken higher, and the recent drop shows that selling pressure is still active. So far, the chart only points to a possible support retest rather than a completed breakout.

The weekly setup also shows how narrow the margin has become. A hold above $1,800 would keep the ascending triangle idea alive. On the other hand, a breakdown below that level could weaken the pattern and shift attention to lower support zones.

For now, $1,800 stands out as the main level on the chart. As long as Ethereum stays above it, the long term trendline remains intact. Therefore, the next move around that area could shape whether ETH tries to recover or slips deeper below support.

Ethereum Faces Key $2,000 Support After Repeated Rejection at Resistance

Ethereum remains under pressure after another rejection from the $2,150 to $2,200 resistance zone, according to a chart shared by Ted Pillows. The setup shows ETH failing again near overhead resistance while traders watch whether the $2,000 support area can continue to hold.

Ethereum 1D Chart. Source: Ted Pillows

The chart marks several important zones. First, the $2,150 to $2,200 region stands out as the nearest resistance band. Above that, the next upside targets appear near $2,400 and $2,624 if buyers regain control. However, ETH has not cleared the first barrier, and that keeps the short term structure fragile.

At the same time, the $2,000 area has become the main support zone. The chart suggests Ethereum could attempt another rebound as long as that level stays intact. In other words, bulls still have a chance to push price higher, but they need to defend support before any stronger recovery can develop.

If ETH loses the $2,000 level, the downside picture could worsen quickly. Ted Pillows said that a break below that support may open the door to a new yearly low. The chart points to lower demand zones near $1,765 and $1,693 as possible areas to watch if selling pressure increases.

So far, the structure remains balanced between support and resistance. Ethereum has not confirmed a breakout, but it also has not broken down. Therefore, the next move around $2,000 may decide whether ETH gets another upside attempt or falls into a deeper correction.