$ETH — August 20, 2026
Ethereum (ETH) is showing strong bullish momentum, trading around $2,250 after an almost 18% 24-hour surge. More than $1 billion in ETH short positions were liquidated, helping accelerate the rally.
Key levels:
🟢 Resistance: $2,300 → $2,400–$2,450
🟡 Support: $2,100–$2,150
🔴 Major support: $1,900–$2,000
A clean daily close above $2,300 could open the door toward $2,400–$2,450. However, the rally is stretched in the short term, so a pullback toward $2,100–$2,150 would not be surprising. Technical indicators are also showing overbought conditions after the sharp move.
#FOMCWatch #AdnocPlansToTrimAsiaCrudeShipments #KOSPIRises6.5%OnMemoryStockRebound
#CryptoRally #FOMCWatch
Ethereum (ETH) is showing strong bullish momentum, trading around $2,250 after an almost 18% 24-hour surge. More than $1 billion in ETH short positions were liquidated, helping accelerate the rally.
Key levels:
🟢 Resistance: $2,300 → $2,400–$2,450
🟡 Support: $2,100–$2,150
🔴 Major support: $1,900–$2,000
A clean daily close above $2,300 could open the door toward $2,400–$2,450. However, the rally is stretched in the short term, so a pullback toward $2,100–$2,150 would not be surprising. Technical indicators are also showing overbought conditions after the sharp move.
#FOMCWatch #AdnocPlansToTrimAsiaCrudeShipments #KOSPIRises6.5%OnMemoryStockRebound
#CryptoRally #FOMCWatch