- Robinhood Chain surpassed Ethereum L1 in 24-hour DEX volume at $877.56M with $141M in ETH already bridged
- Eric Trump posted “ETH is pumping hard” as World Liberty Financial holds roughly $131M in ETH
- Analyst Ali Charts says he goes long ETH on a break above $1,850
Ethereum trades at $1,775.56 on July 13, down 1.66%, pulling back from a push toward $1,844 as Iran’s weekend strikes reset geopolitical risk across markets and price struggles to clear the 50-day EMA.
Is ETH Being Rejected At The 50-Day EMA Again?

The daily chart shows ETH testing the 50-day EMA at $1,798.04 for the second time in two weeks, with Friday’s candle reaching $1,844 before pulling back to current levels. The Supertrend (10,3) at $1,599.41 sits well below price, confirming the short-term recovery structure remains intact despite the pullback. The 20-day EMA at $1,740.27 is the next support if selling continues.
Related: Cardano Price Prediction: Is the 20-Day EMA Retest a Buying Opportunity or a Warning Sign for ADA?
The descending trendline from the January highs still caps price, running through the $1,800-$1,850 zone right now. That trendline and the 50-day EMA are essentially the same test. A daily close above both would be the first real technical confirmation of trend change since May. The 100-day EMA at $1,945.80 and 200-day at $2,223.28 mark the heavier resistance above.
What Are The Key Support And Resistance Levels For ETH Today?
- Support at $1,740.27 on the 20-day EMA and $1,599.41 on the Supertrend
- Resistance at $1,798.04 on the 50-day EMA and the descending trendline, then $1,945.80 on the 100-day
Why Did Eric Trump Post About ETH And Does It Matter?
Eric Trump posted “ETH is pumping hard! Great to see! Crypto is the future…” alongside a candlestick chart of the ETH/BTC pair showing a 1.32% gain to 0.02837. The post drew immediate criticism given his track record.
After urging investors to buy ETH last year, the price fell 48% over the following two months. World Liberty Financial, the Trump family-backed crypto venture where Eric is listed as co-founder, holds roughly $131 million in ETH according to DropsTab, making it the portfolio’s second-largest holding.
The post itself moves nothing. What it does is confirm the Trump family’s financial interest in ETH performing well, which adds a layer of context to any future ETH-favorable policy or commentary from that direction.
What Is Robinhood Chain And Why Does It Matter For ETH?
Robinhood launched Robinhood Chain, built on Arbitrum Orbit and using ETH as the native gas token. Within its first day, over $141 million in ETH was bridged to the chain and it surpassed Ethereum L1 in 24-hour DEX volume at $877.56 million. Every transaction on the chain requires users to hold and spend ETH, creating direct ongoing demand for the asset from Robinhood’s mainstream retail user base.
This is a qualitatively different demand driver than ETF inflows. ETF buyers hold ETH as an asset. Robinhood Chain users need ETH to function on the network, which means organic consumption pressure rather than passive allocation.
What Are Analysts Targeting For ETH?
Ali Charts said he goes long ETH on a break above $1,850, a level that sits just above the current 50-day EMA and descending trendline cluster.
Tom Lee, via a fan tracker account that cites his commentary, set a year-end target of $5,000 for ETH alongside $100,000 for Bitcoin, arguing Bitcoin has never fallen four consecutive quarters and a June-to-September bounce is the key test for the broader crypto thesis.
ETH Price Prediction: Upside and Downside Targets
- Upside case: ETH closes above $1,850, Ali Charts’ long trigger fires, Robinhood Chain keeps absorbing ETH supply, and price targets $1,945.80 on the 100-day EMA heading into year-end.
- Downside case: Iran tensions keep risk assets under pressure, the 50-day EMA rejection holds, and ETH slides back toward the 20-day EMA at $1,740.27 before building another base.
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