Ethereum trades at $1,775.56 on July 13, down 1.66%, pulling back from a push toward $1,844 as Iran’s weekend strikes reset geopolitical risk across markets and price struggles to clear the 50-day EMA.
Is $ETH Being Rejected At The 50-Day EMA Again?
The daily chart shows $ETH testing the 50-day EMA at $1,798.04 for the second time in two weeks, with Friday’s candle reaching $1,844 before pulling back to current levels. The Supertrend (10,3) at $1,599.41 sits well below price, confirming the short-term recovery structure remains intact despite the pullback. The 20-day EMA at $1,740.27 is the next support if selling continues.
Related: Cardano Price Prediction: Is the 20-Day EMA Retest a Buying Opportunity or a Warning Sign for ADA?
The descending trendline from the January highs still caps price, running through the $1,800-$1,850 zone right now. That trendline and the 50-day EMA are essentially the same test. A daily close above both would be the first real technical confirmation of trend change since May. The 100-day EMA at $1,945.80 and 200-day at $2,223.28 mark the heavier resistance above.
What Are The Key Support And Resistance Levels For $ETH Today?
- Support at $1,740.27 on the 20-day EMA and $1,599.41 on the Supertrend
- Resistance at $1,798.04 on the 50-day EMA and the descending trendline, then $1,945.80 on the 100-day
Why Did Eric Trump Post About $ETH And Does It Matter?
$ETH is pumping hard! Great to see!
Crypto is the future… pic.twitter.com/eROvMAqxlZ
— Eric Trump (@EricTrump) July 11, 2026
Eric Trump posted “$ETH is pumping hard! Great to see! Crypto is the future…” alongside a candlestick chart of the $ETH/BTC pair showing a 1.32% gain to 0.02837. The post drew immediate criticism given his track record.
After urging investors to buy $ETH last year, the price fell 48% over the following two months. World Liberty Financial, the Trump family-backed crypto venture where Eric is listed as co-founder, holds roughly $131 million in $ETH according to DropsTab, making it the portfolio’s second-largest holding.
The post itself moves nothing. What it does is confirm the Trump family’s financial interest in $ETH performing well, which adds a layer of context to any future $ETH-favorable policy or commentary from that direction.
What Is Robinhood Chain And Why Does It Matter For $ETH?
Robinhood launched Robinhood Chain, built on Arbitrum Orbit and using $ETH as the native gas token. Within its first day, over $141 million in $ETH was bridged to the chain and it surpassed Ethereum L1 in 24-hour DEX volume at $877.56 million. Every transaction on the chain requires users to hold and spend $ETH, creating direct ongoing demand for the asset from Robinhood’s mainstream retail user base.
This is a qualitatively different demand driver than ETF inflows. ETF buyers hold $ETH as an asset. Robinhood Chain users need $ETH to function on the network, which means organic consumption pressure rather than passive allocation.
What Are Analysts Targeting For $ETH?
Ali Charts said he goes long $ETH on a break above $1,850, a level that sits just above the current 50-day EMA and descending trendline cluster.
Tom Lee, via a fan tracker account that cites his commentary, set a year-end target of $5,000 for $ETH alongside $100,000 for Bitcoin, arguing Bitcoin has never fallen four consecutive quarters and a June-to-September bounce is the key test for the broader crypto thesis.
$ETH Price Prediction: Upside and Downside Targets
- Upside case: $ETH closes above $1,850, Ali Charts’ long trigger fires, Robinhood Chain keeps absorbing $ETH supply, and price targets $1,945.80 on the 100-day EMA heading into year-end.
- Downside case: Iran tensions keep risk assets under pressure, the 50-day EMA rejection holds, and $ETH slides back toward the 20-day EMA at $1,740.27 before building another base.
