Analyst: ETH may rebound to $2,060 if it holds the $1,850 support level.

Chainthink

Release Time: 07/24/2026 07:34:32

ETH

$1,922.670.41%

Summary

On July 24, 2026, crypto analyst Ali Charts noted that Ethereum tested the lower boundary of its price channel and rebounded. The $1,850 support level is now critical for ETH. If the price holds above this support and resistance zone, it could rise toward $2,060. Chainthink observed that maintaining the $1,850 support level would signal a potential rebound.

ChainThink reports that on July 24, crypto analyst Ali Charts stated that Ethereum rebounded after testing the lower boundary of its price channel, with $1,850 serving as a key support level.

Ali Charts indicates that if ETH continues to hold the $1,850 support level, the price may rebound toward the $2,060 resistance near the upper boundary of the channel.

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