The price of Ethereum has failed to surpass $1,880 and is currently struggling, potentially continuing to decline towards the $1,790 support level. The price is trading below $1,830 and the 100-hourly Simple Moving Average, with a bearish trend line forming with resistance near $1,840 on the hourly chart of ETH/USD. If Ethereum fails to clear the $1,840 resistance, it could continue to move down towards the $1,790 and $1,780 levels. However, a close above the $1,840 resistance could send Ether towards $1,880 and potentially even higher towards $1,920 and $2,000.
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