Ethereum: Daily Read | 2026-10-18

Price on Ethereum (ETH) sits near $2,412, 1.8% lower on the session and down near the floor of its one-month range. The one-month average sits near $2,612, and price is below it, so that line is the pivot the two-way traffic keeps returning to. Momentum has cooled over the last two weeks, roughly 9.3% down, leaving the structure as a pullback, slipping under the one-month average while the longer trend still points up. The levels that matter are $2,805 overhead, the past month’s swing high, about 16.3% above here, with $2,324 below as the shelf that has held, roughly 3.7% down; the $2,450 and $2,400 round numbers are the nearer handles. Zoom out and the last three months have ranged between $1,672 and $2,805, which frames the bigger picture. For now the tilt is bearish: a close above $2,805 would open room toward $2,855, while losing $2,324 would put $1,672 back in view.

Key levels: support $2,324 (3.7% below), resistance $2,805 (16.3% above), one-month average $2,612, three-month range $1,672 to $2,805.