Published: Jan 11, 2026 at 23:29
Ethereum’s price has resumed its upward trend after moving back above the moving average lines. This is the third attempt by buyers to break through the $3,400 resistance.
ETH price long-term analysis: bullish
Since January 2, the largest altcoin has been range-bound, remaining above the moving average lines but below the $3,400 resistance level. If buyers break through the $3,400 barrier, Ethereum will continue its upward trajectory, potentially reaching the $3,900 level.
Conversely, if ETH fails to surpass the $3,400 barrier, the price will remain range-bound above the moving averages. Today, Ether has reached a high of $3,127.
Technical indicators:
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Resistance Levels: $4,500 and $5,000 -
Support levels: $3,000 and $2,500
Ethereum price indicators analysis
The price has risen after finding support above the moving average lines. The moving average lines are horizontal, indicating a sideways trend. The formation of Doji candlesticks has kept the price stable above the $3,000 support. The largest altcoin is likely to remain range-bound, as it is trapped between the moving average lines.
What is next for ETH?
Ether is trading in a bullish trend zone, holding above the moving average lines. The price is rising but remains stuck between the moving average lines on the 4-hour chart. The altcoin will trend once it breaks either the 21-day SMA support or the 50-day SMA resistance. Currently, the altcoin is approaching the 50-day SMA resistance.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.