Ethereum remains around $1,850 On Binance’s 4-hour ETHUSD chart, analysts have flagged $1,896 as a key level to sustain the upside setup after recent movements narrowed into a contracting triangle.
$ETH Charts lock momentum at $1,896 as love triangle tightens
X user Man of Bitcoin said Ethereum needs to hold $1,896 to maintain its upward momentum. He added that a break below that level would shift focus to the “yellow roadmap” that shows downside targets.
Ethereum/USD 4-hour chart (ETHUSD, Binance). sauce: X Bitcoin Man
On charts, price movements are often compressed between a falling upper trend line and an rising lower trend line, forming a triangle and forcing decisions as the range narrows. Ethereum traded near $1,950 while sitting just above the highlighted $1,896 line that serves as a nearby pivot.
The same roadmap marks upside reference levels near $2,145 and $2,396 if buyers regain control. However, if the price falls below $1,896, the chart will highlight the lower Fibonacci area around $1,832 and $1,820, and also indicate deeper levels around $1,600 and $1,387 as potential downside zones.
Weekly RSI hits rare low as Ethereum revisits long-distance support
Meanwhile, X user Investing DeCrypted said that Ethereum’s weekly RSI has fallen to one of its lowest ever levels, marking the fifth such instance. On the chart, a similar RSI low appeared near the trough of the previous cycle and then coincided with a short-term rebound. The indicator is currently near the lower end of its long-term range, marking the current move as another period of compressed momentum.
Ethereum/USD weekly chart (ETHUSD, Coinbase). sauce: Investing in DeCrypted for X
Price trends from the second half of 2021 onward remain within a broad horizontal structure. The chart shows the reaction repeating around the same midrange band, finding a bid near the previous support, and the pullback stalling below the upper range. Most recently, Ethereum reversed from a local high and moved back toward the middle of its long-term range. Analysts have marked it as a recurring reaction zone spanning 2022, 2023, 2024, and early 2026.
The weekly view also shows that the bull market of the past two years has failed to turn into a sustained trend. Instead, price rotated within a range and momentum fluctuated between neutral and weak values. As Ethereum revisits the same support area highlighted in the previous reaction, the RSI once again sits near the previous cycle’s lows, placing the current price action within the historical context of the past compression phase that preceded the temporary pullback on the weekly time frame.
