Crypto
Ethereum Builds Bullish Setup Ahead of Crucial Resistance Test
The Ethereum price has been trading below a crucial resistance area around $1,900 after its recent recovery.
On the 4-hour chart, the structure still shows a series of higher lows, indicating that buyers are gradually stepping in.
However, the overall price action remains range-bound as both sides wait for a clear direction.
The Ethereum price prediction for August is building a bullish setup as it approaches this key resistance area.