Ethereum was trading 0.81% lower at $1,855.77 on July 20, moving above its 20-day EMA after the first week of significant inflows into ETFs since the June breakdown. Daily charts now incorporate a Fibonacci expansion framework with clearly defined targets, and weekly roadmaps from closely followed analysts chart a path from current prices to levels not seen since the 2021 bull market.
Fibonacci levels are now your roadmap $ETHrecovery of
Looking at the daily chart, $ETH Fibonacci retracement and extension grids are now active from its base, recovering from the June low of $1,506. The price is currently located between the 0.236 level at $1,711 and the 0.382 level at $1,837, with bullish support below the supertrend at $1,676.39. The 20-day EMA of $1,804.92 and 50-day EMA of $1,815.66 have converged into a tight support band just below the current price, and a daily close above both is what will keep the recovery structure intact.
The 0.5 Fibonacci level at $1,939.99 is almost exactly aligned with the 100-day EMA at $1,935.99, making this zone the first meaningful resistance test mentioned above. Clearing this, 0.618 opens at $2,042.22, then 0.786 opens at $2,187.76. If the recovery extends to a complete trend reversal, the 1.618 extension at $2,908.57 becomes a bullish target. The 200-day EMA of $2,199.46 is located between 0.786 and 1.618, adding another layer of resistance near the $2,200 area.
What are the major support and resistance levels $ETH today?
- Support at 20-day EMA at $1,804.92 and supertrend at $1,676.39
- 0.5 Fibonacci level and 100-day EMA resistance at $1,939.99
- 0.618 Fibonacci $2,042.22 and 0.786 Fibonacci $2,187.76 extended resistance.
- Bull case target is $2,908.57 with 1.618 Fibonacci extension
- The major lower bounds are the Fibonacci zero point and the June low of $1,506.81.
weekly chart is $ETH bulls watching 2027
Ethereum roadmap.
$1,500✅ →$1,800✅ → $1,200 ? → $2,300 → $1,955 → $2,900 → $3,600 → $2,880 → $4,300 → $6,330+
When everyone loses hope, a rally is usually just around the corner.
2026 will be that year $ETH Print the new ATH.
Please bookmark this. Let’s take another look. pic.twitter.com/jt969otQCn
— Jelal Kucuker (@JelalKucuker) July 19, 2026
This was announced by analyst Gerard Kucukker in a weekly magazine. $ETH The chart shows the complete cycle price roadmap. The map traces a path from the current base of $1,500 through a potential decline to $1,200 to $1,800 through a recovery sequence with a well-defined set of waypoints.
Looking at the weekly chart, $ETH Located at the bottom of a long-term ascending channel, the lower trendline currently provides support near the price, while the upper trendline is projected to the $6,000 area around 2027. Kucuker’s central argument is that 2026 will be that year. $ETH This indicates a historical pattern in which the stock has hit new all-time highs and is preceded by a feeling of capitulation, rather than confirming a bottom. negative current $ETH Emotions fit that template.
BlackRock does the heavy lifting and spot ETF inflows are back
The US Spot Ethereum ETF recorded net inflows of $105 million for the week of July 13-17, its strongest weekly numbers in recent months. BlackRock’s ETHA moved the bulk of that week with $135 million, bringing the cumulative total to $113.1 billion.
Fidelity’s FETH recorded outflows of $21.56 million, offsetting some of BlackRock’s gains. Total net assets of the whole spot $ETH The product currently stands at $9.97 billion, accounting for 4.48% of Ethereum’s market capitalization. The return of institutional demand for ETFs at the same time as prices were above the 20-day and 50-day EMA clusters lends weight to the theory that the June low was a durable bottom rather than a break in a downtrend.
What derivatives indicate about current positioning
Volume nearly doubled to $29.15 billion at 96.93%, while open interest decreased by 1.27% to $26.01 billion, indicating active trading rather than new positions. Options volume increased by 56.74% to $583.53 million, and open interest in options stood at $4.71 billion, suggesting that traders are hedging short-term price direction rather than betting on direction.
Long liquidations over 24 hours amounted to $24.02 million and short liquidations amounted to $14.77 million. This was a more balanced flush than recent sessions, with neither side taking the lead. Binance’s top trader has a long/short ratio in his account of 1.98 and a position of 1.42, both of which are net long heading into the week.
Ethereum price prediction: upside and downside targets
- Turnaround case: $ETH Holding the 20-day EMA at $1,804.92, ETF inflows have grown for the second consecutive positive week, and the price has cleared the 0.5 Fibonacci and 100-day EMA at $1,939.99, heading towards the 0.618 level at $2,042.22, where the initial target of Celal Cucucar’s roadmap is starting to be achieved.
- Downside case: 20-day and 50-day EMA clusters fail. $ETH If we pull back toward the $1,676.39 supertrend and macro pressures return and the ETF flow reverses, the $1,200 push scenario predicted in the weekly roadmap becomes a more appropriate path.
