Altcoins News
By Pankaj K
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The $1,796–$1,816 Range That Could Break Things Open. Martinez gets more specific than just "$1,800." He's watching a tighter window — the $1,796 to…
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Copper, Gold, and What a Commodity Chart Has to Do With Ethereum. Michaël van de Poppe is watching something most crypto traders probably aren't: the copper/gold…
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What Ethereum Needs Right Now. Strip away the indicators and the ratios, and the situation is pretty straightforward.
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Ethereum can't seem to catch a break. The second-largest crypto by market cap is grinding near $1,800, trying to shake off a stretch of weakness that dragged prices down to…
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The $1,800 zone isn't just a round number people fixate on. Analyst Ali Martinez has flagged it as a genuinely hard ceiling right now, one where the 0.
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Martinez gets more specific than just "$1,800." He's watching a tighter window — the $1,796 to $1,816 range — where the TD Sequential resistance trendline also runs.
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Not everyone is convinced it's that clean, though.
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Analyst Ted Pillows agrees with the general framework but adds some nuance. He saw Ethereum test the $1,820–$1,850 resistance area recently — and get rejected.
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Van de Poppe says the copper/gold chart recently broke out from a lengthy downtrend. That's the kind of move that, historically, has preceded stronger momentum in risk assets.
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Read also: Bitmine Holds 5.74 Million Ether While Sitting on a $9 Billion Paper Loss
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He's pointed to the market cycles of 2017 and 2021 as periods when this correlation was evident. It was absent in 2024, which maybe explains some of the choppiness that year.
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That said, correlations like this aren't guarantees. They're context. And right now, the context seems to be shifting in a direction that bulls would welcome.
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Strip away the indicators and the ratios, and the situation is pretty straightforward. Ethereum is sitting just under a resistance cluster that's been rejecting it.
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But ETH hasn't closed above $1,800 with conviction yet. It hasn't held the $1,820–$1,850 zone. And it hasn't traded above $2,000 in over a month.
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Related: XRP Aims for Top Five After 22% June Drop
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