Ethereum Rejected at Resistance Despite Eric Trump Hype

3 weeks ago 7

Rommie Analytics

The post from the president’s son landed while Ethereum was pressing into overhead supply, and the market’s answer arrived quickly. ETH tagged $1,812, sellers absorbed the push, and price faded to an intraday low of $1,780 before stabilizing near $1,792, up a muted 0.28% at the time of writing. High-profile enthusiasm accompanied the move; it did not extend it. The resistance zone that capped the late-June recovery attempt held again.

ETH is pumping hard! Great to see!

Crypto is the future… pic.twitter.com/eROvMAqxlZ

— Eric Trump (@EricTrump) July 11, 2026

The pullback so far looks orderly rather than damaging. Ethereum remains above its falling 50-day SMA at $1,760, reclaimed earlier this month for the first time since the May breakdown, and the daily RSI near 57 shows cooling momentum without a bearish flip.

As seen on the chart, Read Entire Article