Darius Baruo
Jan 18, 2026 06:42
Ethereum trades at $3,315 with neutral RSI at 62.23. Technical analysis suggests potential move to $3,500 resistance zone within 4-6 weeks based on current momentum patterns.
ETH Price Prediction Summary
• Short-term target (1 week): $3,350-$3,400
• Medium-term forecast (1 month): $3,200-$3,500 range
• Bullish breakout level: $3,414 (Upper Bollinger Band)
• Critical support: $3,268
What Crypto Analysts Are Saying About Ethereum
While specific analyst predictions from the past 24 hours are limited, recent forecasts from established sources provide valuable insights into Ethereum’s trajectory. According to Altcoin Doctor (@AltcoinDoctor), “Ethereum’s potential to reach $3,500 by mid-January 2026” remains a key target that aligns closely with current technical resistance levels.
CoinCodex previously projected ETH to reach $3,357.66, which sits just above current trading levels, while DigitalCoinPrice’s forecast of $3,312.17 for January 2026 proved remarkably accurate given today’s price of $3,315.41. InvestingHaven’s analysis identifying the $2,700-$3,500 trading range continues to frame the market structure we’re observing.
According to on-chain data from major analytics platforms, Ethereum’s network fundamentals remain robust, supporting these price projections with solid underlying metrics.
ETH Technical Analysis Breakdown
Ethereum’s current technical setup presents a cautiously optimistic picture. The RSI at 62.23 indicates neutral momentum with room for upward movement before reaching overbought conditions. This positioning suggests ETH has space to climb toward resistance levels without immediate technical exhaustion.
The MACD histogram reading of 0.0000 signals a potential momentum shift, though the bearish classification requires careful monitoring. When MACD approaches the zero line, it often precedes significant directional moves, making the next few trading sessions critical for ETH price prediction.
Bollinger Bands analysis reveals ETH trading at 0.79 position between the bands, with the upper band at $3,414.45 serving as immediate resistance. The current price of $3,315.41 sits comfortably above the middle band ($3,173.00), indicating bullish positioning within the recent trading range.
Key support levels emerge at $3,291.77 (immediate) and $3,268.14 (strong support), while resistance appears at $3,334.65 and $3,353.90. The daily ATR of $106.71 suggests normal volatility conditions for Ethereum.
Ethereum Price Targets: Bull vs Bear Case
Bullish Scenario
In the bullish case for this ETH price prediction, Ethereum could target the $3,414 upper Bollinger Band as the first resistance test. A clean break above this level would likely trigger momentum toward the $3,500 zone identified by multiple analysts.
Technical confirmation would require RSI pushing above 70 and MACD histogram turning decisively positive. Volume expansion above the recent average of $441 million would support any upward breakout attempt.
The Ethereum forecast becomes particularly bullish if ETH can establish support above the $3,350-$3,400 range, potentially setting up a run toward the psychological $3,500 level within 4-6 weeks.
Bearish Scenario
The bearish scenario for Ethereum involves a breakdown below the immediate support at $3,291. Such a move would likely test the stronger support zone around $3,268, with the middle Bollinger Band at $3,173 representing a significant downside target.
Risk factors include broader crypto market weakness, regulatory concerns, or technical breakdown below the 50-period SMA at $3,081.90. The MACD’s current bearish momentum reading serves as a warning that downside pressure could intensify if buying interest fails to materialize.
Should You Buy ETH? Entry Strategy
For those considering ETH positions, the current technical setup suggests waiting for clearer directional signals. Conservative buyers might consider entries on any pullback toward the $3,290-$3,300 support zone, with stop-losses placed below $3,268.
More aggressive traders could buy current levels with targets at $3,400-$3,414, though this Ethereum forecast carries higher risk given the neutral technical indicators.
Position sizing should account for the $106.71 daily ATR, suggesting potential daily moves of 3-4% in either direction. Risk management becomes crucial given ETH’s position between major technical levels.
Conclusion
This ETH price prediction suggests a cautiously optimistic outlook for Ethereum over the next 4-6 weeks. The combination of neutral RSI, support above key moving averages, and analyst targets around $3,500 supports a measured bullish bias.
However, the MACD’s bearish momentum signal and current consolidation between $3,200-$3,500 range demands patience. Confidence level for reaching $3,400-$3,500 within one month sits at approximately 60%, contingent on broader market stability and technical confirmation.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. Always conduct your own research and consider consulting with a financial advisor before making investment decisions.
Image source: Shutterstock
Source: https://blockchain.news/news/20260118-eth-price-prediction-targets-3500-range-by-february-2026
