Ethereum (ETH) has made a strong comeback, climbing above the $1,800 mark for the first time in weeks. The surge is fueled by growing bullish momentum, notable ETF inflows and a consistent decline in short interest from institutional traders.
In this article, we will look at ETH price target by looking at price chart and technicals.
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ETH Next Target
- Current Price: $1,800.02
- 24h Price Change: +10.15%
- 24h Range: $1,756.90 – $1,816.52
- Market Cap: Approximately $216 billion
- 24h Trading Volume: Approximately $14.62 billion
- Circulating Supply: Approximately 120 million ETH
Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern and above $1,700 resistance, which could signal at least a temporary bullish trend reversal. Upside potential to $1,900. Stop Loss at $1,580. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend.
Fundamentally, there’s a potential positive catalyst in 2025: if US regulators allow ETH Spot ETFs to stake Ethereum.
📈 Key Technical Indicators
- Relative Strength Index (RSI): 65 (approaching overbought zone)
- MACD: Bullish crossover confirmed
- Support Levels: $1,623, $1,490, $1,422
- Resistance Levels: $1,824, $1,892, $2,025
- Current Trend: Bullish with upward momentum
📰 Latest Ethereum News & Developments
- 📈 Price Surge to $1,800
Ethereum’s price has jumped more than 10% in the last 24 hours - 📊 ETF Inflows Continue
Ethereum-based ETFs witnessed net inflows totaling $14.62 million - 📉 CME Short Positions Drop
Open interest in Ethereum short positions on CME has fallen below $500 million
📌 Summary
Ethereum is gaining solid ground again, backed by institutional interest and strong fundamentals. Technical momentum supports a short-term rally, but investors should watch for resistance around $1,824. If broken, the path toward $1,900+ becomes more likely.
👉 Short-Term Forecast: Bullish, with a focus on maintaining price above $1,800
📉 Risk Factor: Moderate – caution warranted near overbought levels
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