The price of Ethereum is facing resistance at the $1,850 and $1,880 levels against the US Dollar. However, if it manages to move above the $1,840 and $1,880 resistance levels, it could see a decent increase.

On the other hand, if it fails to clear the $1,840 resistance, it may continue to move down with initial support at the $1,820 level. The next major support is near the $1,800 zone, and a close below this level could lead to a heavy decline in price. The MACD for ETH/USD is currently in the bearish zone, while the RSI is below the 50 level.