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Ethereum Price Hovers at $1,889.70 Amidst Weakening Momentum

Guavy AI Editorial Team Published July 31, 2026

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ETH

Ethereum's price has been hovering at $1,889.70 as of July 31, 2026, amidst a tense technical setup.

The daily chart shows a constructive structure with ETH above its 20-day and 50-day EMAs, but momentum signals are weakening.

The daily RSI sits in neutral territory at 53.82, while the MACD line is below its signal line, indicating a fading upward impulse.

The 200-day EMA at $2,222 remains the critical long-term level for Ethereum's trend recovery, with ETH still $333 below it.

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