Ethereum

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Robinhood

<h2 id="span-ethereum-price-eyes-breakout-but-1-700-correction-risk-looms-span">Ethereum Price Eyes Breakout But $1,700 Correction Risk Looms</h2>
Ethereum is facing resistance from the psychological $1,850 level, along with a descending trendline, as Iran has vowed to retaliate against the latest U.S. strikes.
At 5 p.m. ET today, U.S. Central Command forces began launching more <a href="https://www.coingabbar.com/en/price-prediction/crypto-market-crash-bitcoin-ethereum-drop-on-iran-truce-news" rel="noopener noreferrer nofollow">strikes against Iran to continue</a> degrading the country's ability to attack civilian mariners and commercial ships freely transiting the Strait of Hormuz.
The Commander in Chief has directed the strikes to hold Iranian forces accountable.<img alt="U.S. Central Command forces began launching" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/V3lSebLPFF6caNNPR1Wekxv09CECIBD0p3a7IGtw.jpg" width="300" title="U.S. Central Command forces began launching">
Let's discuss the <a href="https://www.coingabbar.com/en/price-prediction/ethereum-price-outlook-eth-prediction-forecast-2026" rel="noopener noreferrer nofollow">Ethereum Price Prediction July 2026</a>
<h3 id="span-span-what-is-ethereum-s-price-today-span-span">What is Ethereum's price today?</h3>
<a href="https://coinstats.app/coins/ethereum/" rel="noopener noreferrer nofollow">ETH is changing hands around</a> $1,775 to $1,780, down close to 1.71% over the past 24 hours.
Futures volume over the last day sits near $31.33 billion, up 25% from the prior session.
Open interest slipped 1.58% to $24.30 billion, while options open interest rose 1.30% to $4.36 billion.
The Binance long/short ratio by accounts reads 1.8369, and OKX shows 1.47, meaning more traders are still positioned long even after the pullback.
<h4>Will Ethereum's July monthly close decide its next trend?</h4>
$ETH's July monthly close could decide the next major trend for the asset.
If ETH closes July above $2,050, some traders are targeting $4,000 and above, along with a new all-time high this cycle.
If it fails to reclaim and close above $2,050, a deeper correction toward the $1,300 to $1,000 demand zone remains possible before the next major expansion. The monthly close will likely define Ethereum's next macro trend.
<h4>How many traders got liquidated in the past 24 hours?</h4>
According to CoinGlass data, 67,396 traders were liquidated in the past 24 hours, with total liquidations coming in at $238.40 million.
The largest single liquidation order happened on Hyperliquid, the XYZ:SKHX-USD pair, valued at $4.86 million.
Four-hour liquidation data for ETH shows $27.55 million wiped out, split between $24.73 million in longs and $2.81 million in shorts, a sign that leveraged long positions have taken the bigger hit recently.
$ETH will be bullish if it breaks $1,850.<img alt="Etherum CoinGlass data" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/VQv0PJlOWCWFCY64JdL0Er7ONFjP5ZydkvuL6pPk.jpg" width="300" title="Etherum CoinGlass data">
<h4>Is Robinhood about to pump the price of ETH?</h4>
The immediate success of Robinhood's new Layer 2 network is widely documented.
However, what is less discussed is the fact that Robinhood Crypto uses Ethereum's native token for gas fees, something Token Terminal believes could become a meaningful new source of demand for ETH.
<a href="https://defillama.com/chain/ethereum?activeAddresses=true&amp;amp;amp;amp;amp;appRevenue=true&amp;amp;amp;amp;amp;currency=USD&amp;amp;amp;amp;amp;tvl=false" rel="noopener noreferrer nofollow">DeFiLlama data also shows</a> Ethereum app revenue hit $1.52 million on July 10, alongside 547,953 active addresses, both pointing to rising on-chain activity even as price consolidates.<img alt="Ethereum app revenue" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/rBYcLprbTgQu81gY5TPaakk63LipIKQbW6KJSxsH.jpg" width="300" title="Ethereum app revenue">
<h4>What is the key resistance and support for ETH right now?</h4>
Based on the daily chart, Ethereum is trading inside a consolidation pattern. A long-term descending trendline caps price on the upside, while a rising trendline near <a href="https://www.coingabbar.com/en/price-prediction/ethereum-price-prediction-july-2026" rel="noopener noreferrer nofollow">$1,500 continues to provide</a> support.
Price is currently hovering around $1,780 after recovering from the June low, and buyers have managed to reclaim the short-term support zone.
The RSI sits near the neutral 52 to 54 level, indicating bullish momentum is slowly improving but has not yet confirmed a breakout.
<table>
 <colgroup>
 <col width="145">
 <col width="189">
 <col width="268">
 </colgroup>
 <tbody>
 <tr>
 <td>Scenario</td>
 <td>Key Level</td>
 <td>Next Target</td>
 </tr>
 <tr>
 <td>Bullish breakout</td>
 <td>Close above $1,820 - $1,850</td>
 <td>$2,000, then $2,300 - $2,400</td>
 </tr>
 <tr>
 <td>Rejection at trendline</td>
 <td>Fails at resistance</td>
 <td>$1,650 - $1,700 support retest</td>
 </tr>
 <tr>
 <td>Bulls lose control</td>
 <td>Breaks below $1,500</td>
 <td>Deeper correction toward $1,300 - $1,000</td>
 </tr>
 </tbody>
</table>
If ETH breaks and closes above the descending trendline and the $1,820 to $1,850 resistance zone, the pattern could trigger a bullish breakout, opening the door for a move toward $2,000, followed by $2,300 to $2,400, where the next major supply zone is located.
However, if sellers reject the price at the trendline once again, ETH could revisit the $1,650 to $1,700 support area, with $1,500 remaining the key level that bulls must defend to keep the broader recovery structure intact.<img alt="ETH/USDT PRICE CHART" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/ZNbcu4suYJNVKZIhLuFh6nhUtspkLKkc8wDGQWLL.jpg" width="300" title="ETH/USDT PRICE CHART">
<h4>What does the ETH 4-hour chart show?</h4>
The 4-hour chart shows Ethereum recovering sharply from lows near $1,560 in late June, climbing back through $1,880 and toward the $2,111 region marked on the chart.
That move has erased much of the drawdown from the earlier $2,100 to $1,600 range seen across June and July.
Until a confirmed breakout or breakdown occurs, the pattern suggests consolidation with a slight bullish bias.
<h4>Ethereum Price Prediction July 2026: What's next?</h4>
The Ethereum price prediction July 2026 outlook hinges largely on the monthly close and how price behaves near $1,850.
A confirmed close above that zone opens the door toward $2,000 and beyond. A rejection keeps $1,650 to $1,700 in play, with $1,500 as the level bulls cannot afford to lose.
<h4>Disclaimer</h4>
This article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile and unpredictable. Always do your own research and consult a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results.

Ethereum Price Prediction July 2026: The Level That Decides Next Move

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