Ethereum (ETH) Price Prediction: ETH Reclaims $1,900 as Bullish Divergence Builds

Ethereum price has recovered above $1,900 after buyers absorbed another move towards the lower end of its recent trading range, but the price remains close to a major resistance area that has repeatedly limited upside momentum. Ethereum price is now trading near $1,907, up approximately 1.32% over the past 24 hours, according to Brave New Coin data.

Ethereum’s lower-timeframe structure began improving after price held above its recent lows while the Relative Strength Index formed a higher low. This bullish divergence suggests that downside momentum was weakening even as Ethereum price continued testing support.

Chiefra highlighted the divergence while identifying $1,894 as the main confirmation level for buyers. Ethereum has since moved back above that area, placing bulls in a better position to challenge the upper part of the current range.

The next test sits around $1,920-$1,955, where Ethereum price has faced repeated selling pressure. Holding above $1,894 would keep the short-term recovery intact, while another loss of this level could return price towards $1,860.

Ethereum chart shows price holding above recent lows while RSI forms a bullish divergence. Source: Chiefra via X

Large-holder activity is also attracting attention after Arthur Hayes reportedly purchased another $6.39 million worth of Ethereum.

The latest purchase brought his total accumulation since July 15 to approximately 7,213 ETH at an average price of $1,923. Based on the market price shown at the time of the update, the position was carrying an unrealized loss of roughly $301,000.

A sustained move above $1,923 would place the position back around break-even and could improve sentiment around the latest accumulation.

The higher-timeframe Ethereum chart shows Ethereum price recovering towards the upper boundary of a broad descending channel that has guided price lower from previous cycle highs.

Gordon identified $2,000 as the level that could confirm a more meaningful structural change. A breakout above the channel and the psychological barrier would suggest that Ethereum is no longer simply producing another relief rally inside the wider downtrend.

A higher-timeframe chart shows Ethereum approaching the upper boundary of a descending channel, with $2,000 acting as the main breakout level. Source: Gordon via X

Before that happens, Ethereum price must establish a decisive close above the $1,950-$2,000 area. Repeated rejection from this zone would leave price inside the channel and keep the broader recovery unconfirmed. A successful breakout could shift attention towards $2,150, followed by the previous structural regions around $2,300-$2,500.

Despite the improving price structure, Ethereum has left a CME gap around $1,861 following its latest move higher. CryptoJack warned that the unfilled gap could attract price back towards the lower part of the current range. CME gaps do not always close immediately, but traders often monitor them as potential retracement levels during volatile market conditions.

An Ethereum two-hour chart identifies an unfilled CME gap near $1,861 following the latest move towards $2,000. Source: CryptoJack via X

The gap closely aligns with the support area that previously attracted buyers, making $1,860 an important level if Ethereum price experiences another pullback. A brief retracement into that region followed by a strong recovery would not necessarily damage the bullish structure.

Meanwhile, a sustained move below $1,860 would be more concerning and could expose Ethereum to the lower support range around $1,800-$1,745.

Ethereum price is now trading close to the resistance zone that will determine whether the latest recovery can become a broader trend reversal.

Ethereum price is trading near $1,907 after climbing almost 1.32% over the past 24 hours. Source: Brave New Coin

The first resistance sits between $1,923 and $1,955. Above that, $2,000 remains the main psychological and structural breakout level. A decisive close above $2,000 could open the way towards $2,150. Further continuation would place $2,300 and the broader $2,425-$2,500 region back in focus.

On the downside, $1,894 is the first short-term level to defend. The CME gap near $1,861 represents the next support, followed by the more important structural zones around $1,800 and $1,745.

Ethereum’s recovery has improved after the bullish divergence and reclaim of $1,894, while continued accumulation from smart money adds support to the broader outlook. Ethereum price now needs to remain above $1,900 and clear the $1,950-$2,000 resistance zone to confirm that the rebound is developing into a larger breakout.

A rejection could pull price back towards the $1,861 CME gap, while a sustained loss of that support would weaken the short-term recovery. A clean move above $2,000, however, would strengthen the case for $2,150 and higher targets around $2,300-$2,500.