Ethereum Defends $1,800 Support Amid Middle East Tensions

Ethereum has established a solid support zone at $1,800 after buyers stepped in to push the price back toward the 0.382 Fibonacci retracement near $1,870.

The cryptocurrency is currently testing this resistance level and needs to break above it followed by a successful retest to confirm a clean breakout.

A daily close below $1,800 would weaken the scenario and place the 0.236 Fibonacci retracement near $1,732 back in focus.