ETH Price Prediction: Targets $3,350-$3,660 by Late January 2026

ETH Price Prediction Summary

• Short-term target (1 week): $3,280-$3,350

• Medium-term forecast (1 month): $3,200-$3,660 range

• Bullish breakout level: $3,266 (strong resistance)

• Critical support: $3,124-$3,154

What Crypto Analysts Are Saying About Ethereum

While specific analyst predictions from key opinion leaders are limited in recent hours, analytical platforms have provided concrete Ethereum forecasts. According to CoinCodex data from January 19, 2026, “ETH price is expected to rise by 10.39% in the next 5 days,” targeting $3,660.02 by January 23, 2026.

Coindcx analysis from January 20, 2026, suggests a more conservative outlook, 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 platforms indicate mixed sentiment, with Ethereum maintaining its position above key support levels despite recent consolidation pressure.

ETH Technical Analysis Breakdown

Ethereum is currently trading at $3,183.77, down 0.97% in the past 24 hours. The technical landscape presents a neutral to slightly bearish near-term picture with several key indicators worth examining.

The RSI reading of 51.39 places Ethereum in neutral territory, suggesting neither overbought nor oversold conditions. This neutral positioning often precedes significant directional moves, making the current level a critical juncture for ETH price prediction.

MACD analysis reveals concerning momentum with a histogram reading of 0.0000, indicating bearish momentum. The MACD line sits at 52.4011, matching the signal line exactly, suggesting a potential momentum shift is imminent.

Bollinger Bands analysis shows ETH positioned at 0.48 within the bands, closer to the middle band ($3,192.83) than either extreme. The upper band at $3,390.72 represents significant resistance, while the lower band at $2,994.94 provides downside protection.

Moving averages present a mixed picture for this Ethereum forecast. The 7-day SMA at $3,276.83 sits above current price, indicating short-term bearish pressure. However, the 50-day SMA at $3,092.93 provides support below, while the 200-day SMA at $3,664.22 suggests long-term bullish bias remains intact.

Ethereum Price Targets: Bull vs Bear CaseBullish Scenario

The bullish case for ETH price prediction centers on breaking above the immediate resistance at $3,224.89, followed by the strong resistance level at $3,266.02. A decisive break above $3,266 could trigger momentum toward the Bollinger Band upper limit at $3,390.72, aligning with CoinCodexs aggressive target of $3,660.

Key bullish confirmations include RSI moving above 60, MACD histogram turning positive, and volume expansion above 900 million USDT on Binance. The 7-day SMA reclaim at $3,276.83 would provide additional technical confirmation for upward movement.

Bearish Scenario

The bearish scenario involves a breakdown below the immediate support at $3,154.01, potentially leading to a test of strong support at $3,124.26. A failure to hold this level could expose Ethereum to the Bollinger Band lower limit near $2,995, representing an 8% downside risk.

Risk factors include continued MACD bearish divergence, failure to reclaim the 20-day SMA at $3,192.83, and broader market risk-off sentiment affecting cryptocurrency markets globally.

Should You Buy ETH？ Entry Strategy

Based on current technical levels, conservative entry points for ETH lie between $3,150-$3,180, near the immediate support zone. Aggressive buyers might consider entries on any pullback to the $3,154 support level.

Stop-loss placement should consider the strong support at $3,124.26, with risk-averse traders setting stops just below $3,120. This provides roughly 2% downside protection from current levels.

For this Ethereum forecast, a scaled entry approach makes sense given the neutral technical backdrop. Consider allocating 50% of intended position size at current levels, with the remaining 50% reserved for potential dips to the $3,150-$3,160 support zone.