Alvin Lang
Jan 21, 2026 15:47
ETH Price Prediction Summary • Short-term target (1 week): $3,180 • Medium-term forecast (1 month): $3,280-$3,350 range • Bullish breakout level: $3,190 • Critical support: $2,915 What Crypto…
ETH Price Prediction Summary
• Short-term target (1 week): $3,180
• Medium-term forecast (1 month): $3,280-$3,350 range
• Bullish breakout level: $3,190
• Critical support: $2,915
What Crypto Analysts Are Saying About Ethereum
While specific analyst predictions from key opinion leaders are limited in recent trading sessions, analytical platforms have provided concrete Ethereum forecasts. According to CoinCodex’s January 19 analysis, ETH price is expected to rise by 10.39% in the next 5 days, targeting $3,660.02 by January 23, 2026.
Coindcx’s January 20 assessment suggests more conservative near-term gains, stating that “Over the coming week, Ethereum price may gain 1.5% to 3% if it continues to hold above the $3,150–$3,190 support zone,” with targets between $3,280–$3,350 by mid-January 2026.
On-chain data from major analytics platforms indicates accumulation patterns among long-term holders, suggesting institutional confidence in Ethereum’s medium-term trajectory despite recent price weakness.
ETH Technical Analysis Breakdown
Ethereum’s current price of $2,991.72 reflects a 1.16% decline over the past 24 hours, placing ETH in a critical technical zone. The RSI reading of 41.40 indicates neutral momentum with room for upward movement before reaching overbought conditions.
The MACD histogram at 0.0000 suggests bearish momentum has stalled, potentially signaling a reversal point. This technical setup often precedes consolidation or trend changes in major cryptocurrencies.
Bollinger Bands analysis reveals ETH trading near the lower band support at $2,951.42, with a %B position of 0.0882. This positioning typically indicates oversold conditions and potential for a bounce toward the middle band at $3,180.01.
Key moving averages show ETH trading below the 7-day SMA ($3,190.10) and 20-day SMA ($3,180.01), but remains above the 50-day SMA ($3,087.96). This configuration suggests short-term bearishness within a longer-term consolidation pattern.
Ethereum Price Targets: Bull vs Bear Case
Bullish Scenario
In the bullish case for this ETH price prediction, Ethereum could target the immediate resistance at $3,055.76, followed by the stronger resistance level at $3,119.80. A breakout above the 7-day SMA at $3,190.10 would confirm bullish momentum and open the path toward the analyst targets of $3,280-$3,350.
The 24-hour trading range shows ETH tested highs near $3,042.92, indicating seller exhaustion around these levels. A successful reclaim of the $3,100 zone with sustained volume could trigger algorithmic buying and push ETH toward the upper Bollinger Band at $3,408.60.
Bearish Scenario
The bearish scenario for this Ethereum forecast involves a break below the immediate support at $2,914.84. Such a move would expose the stronger support zone at $2,837.96 and potentially challenge the lower Bollinger Band.
Given the daily ATR of $118.40, ETH could experience significant volatility if macro conditions deteriorate. A sustained break below $2,900 would invalidate the near-term bullish thesis and suggest further downside toward $2,750-$2,800.
Should You Buy ETH? Entry Strategy
For traders considering ETH positions, the current technical setup offers defined risk-reward opportunities. Conservative buyers might consider entering near the current pivot point of $2,978.88, with stop-losses placed below the strong support at $2,837.96.
More aggressive traders could wait for a break above $3,055.76 to confirm short-term bullish momentum before entering long positions. This approach reduces downside risk but may sacrifice potential gains if ETH bounces directly from current levels.
Position sizing should account for the elevated volatility, as indicated by the ATR reading. Risk management protocols suggest limiting ETH exposure to 2-3% of portfolio value given the current uncertainty in broader crypto markets.
Conclusion
This ETH price prediction suggests a cautiously optimistic outlook for Ethereum over the coming weeks. The combination of oversold technical conditions, analyst targets in the $3,280-$3,350 range, and potential institutional accumulation supports the case for a recovery.
However, ETH must first reclaim the $3,100-$3,190 zone to validate bullish projections. Traders should monitor volume patterns and broader market sentiment as key catalysts for the next significant move in Ethereum’s price action.
Disclaimer: Cryptocurrency price predictions involve significant risk. This analysis is for educational purposes and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.
Image source: Shutterstock
Source: https://blockchain.news/news/20260121-price-prediction-eth-targets-3350-by-february-as-technical
