Ethereum Price Remains Flat Amid Regulatory Shift in Russia

The Ethereum price has remained relatively flat at $1,879.82, experiencing a slight decline in a session marked by subdued volatility.

This comes as the Bank of Russia proposes allowing non-qualified retail investors to buy Ethereum, Bitcoin, and USDT from August 2026, capped at 300,000 rubles per broker annually.

The draft directive outlines a regulatory shift that could increase demand from retail investors in the future but has a delayed implementation timeline.

The current price dynamics show ETH/USD trading below its key moving averages, with mixed short-term momentum and a forecasted sideways movement between $1,827 and $1,914, with downside favored.