Ethereum Price Faces Critical Resistance at $1,800 -- Will ETH Break Out or Reverse?

Ethereum’s price is testing critical resistance around $1,800 after rebounding from support near $1,550, putting traders at a decision point between breakout and reversal. ETH is trading just below the $1,780–$1,800 range, a zone it has repeatedly failed to clear. Technical signals are mixed: the token remains below the Ichimoku Cloud, suggesting the broader trend hasn’t turned decisively bullish, though a bullish crossover appears approaching. RSI has risen into the average range and shows bearish divergence, pointing to growing interest but not market overheating. On-chain, exchange reserves fell from about 15.9 million ETH in early June to roughly 15.4 million before stabilizing, while exchange net flows read around -8.1K ETH, indicating subdued sell pressure. A stronger daily close above $1,800 would be the key confirmation.