ETH Price Prediction: Targeting $3,450-$3,650 Range by February 2026 Amid Bullish Technical Setup - Blockchain.News

ETH Price Prediction: Targeting $3,450-$3,650 Range by February 2026 Amid Bullish Technical Setup

James Ding Jan 05, 2026 11:12

ETH price prediction shows bullish momentum with MACD histogram at 32.13 and RSI at 61.77. Ethereum forecast targets $3,450-$3,650 in 4-6 weeks if $3,220 resistance breaks.

ETH Price Prediction: Targeting $3,450-$3,650 Range by February 2026 Amid Bullish Technical Setup

ETH Price Prediction: Targeting $3,450-$3,650 Range by February 2026

Ethereum's current technical setup presents a compelling bullish case as we begin 2026, with key momentum indicators suggesting potential upside toward the $3,450-$3,650 range over the next 4-6 weeks. This ETH price prediction is based on strong MACD momentum and Ethereum's position near Bollinger Band resistance levels.

ETH Price Prediction Summary

ETH short-term target (1 week): $3,280-$3,350 (+3.5-5.7%) • Ethereum medium-term forecast (1 month): $3,450-$3,650 range (+8.8-15.1%) • Key level to break for bullish continuation: $3,220.82 (immediate resistance) • Critical support if bearish: $2,775.19 (immediate support level)

Recent Ethereum Price Predictions from Analysts

While no significant ETH price prediction data emerged in the past three days, the technical landscape provides clear directional signals. The absence of recent analyst coverage creates an opportunity for contrarian positioning, as institutional sentiment often lags technical momentum shifts. Current market positioning appears cautiously optimistic, with many traders waiting for confirmation above key resistance levels before committing to larger positions.

ETH Technical Analysis: Setting Up for Bullish Breakout

The Ethereum technical analysis reveals several compelling bullish indicators converging simultaneously. The MACD histogram reading of 32.1338 represents the strongest bullish momentum signal in recent weeks, while the RSI at 61.77 remains in healthy territory without approaching overbought conditions.

Ethereum's position at 1.01 relative to Bollinger Bands indicates the price is testing upper resistance but hasn't yet broken into sustained uptrend territory. The current price of $3,170.44 sits just below the immediate resistance at $3,220.82, creating a clear breakout scenario.

Volume analysis from Binance shows $718 million in 24-hour trading activity, providing adequate liquidity to support significant price movements. The convergence of the 12-day and 26-day EMAs ($3,054.93 and $3,038.34 respectively) suggests momentum is building for a sustained move.

Ethereum Price Targets: Bull and Bear Scenarios

Bullish Case for ETH

The primary ETH price target of $3,450-$3,650 represents a measured move based on the distance between current support levels and the strong resistance at $3,447.44. Breaking above $3,220.82 would likely trigger momentum buying toward the 52-week high region.

Technical requirements for this Ethereum forecast include maintaining support above $3,100 and seeing sustained volume above 500 million daily. The bullish scenario gains credibility if ETH can reclaim the 200-day SMA at $3,605.51, which would signal a return to longer-term uptrend dynamics.

Bearish Risk for Ethereum

Downside risks center around the immediate support at $2,775.19. A break below this level could trigger selling toward the strong support zone at $2,623.57, representing potential downside of 17-20% from current levels.

Key risk factors include broader cryptocurrency market weakness, regulatory concerns, or technical failure at the $3,220 resistance level. The ETH price prediction turns bearish if daily RSI drops below 45 or if MACD momentum reverses negative.

Should You Buy ETH Now? Entry Strategy

Based on current technical positioning, a strategic approach to buy or sell ETH involves waiting for confirmation above $3,220.82 before establishing long positions. Conservative buyers should consider dollar-cost averaging between $3,100-$3,170 with stop-losses below $2,950.

Aggressive traders can enter on any pullback to the $3,118 support level, targeting the $3,280-$3,350 range for short-term profits. Position sizing should remain conservative given the proximity to resistance levels, with maximum 2-3% portfolio allocation recommended.

Risk management requires stop-loss orders below $2,950 for new long positions, representing roughly 6-7% downside protection from current entry levels.

ETH Price Prediction Conclusion

This ETH price prediction carries medium-high confidence for the $3,280-$3,350 target within one week, and medium confidence for the broader Ethereum forecast of $3,450-$3,650 over the next month.

Key indicators to monitor include daily closes above $3,220.82 for bullish confirmation, sustained MACD momentum above 25, and RSI maintaining levels between 55-70. Invalidation signals include breaks below $2,950 or reversal in MACD momentum.

The timeline for this prediction spans 4-6 weeks, with initial confirmation expected within 5-7 trading days if bullish momentum continues. Current technical setup suggests higher probability of upside resolution compared to downside risk, making this an attractive risk-reward scenario for Ethereum investors.

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