NewsBTC
Jan 15, 2026
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Ethereum Price Surges to $3,400 Amid Bullish Momentum

Ethereum Price Analysis

  • Ethereum's price surged above $3,320 and reached a high of $3,402.
  • The price is currently consolidating above $3,300 and the 100-hourly SMA.
  • A bullish trend line supports ETH at $3,280 on the hourly chart.
  • Immediate resistance levels are at $3,350 and $3,380, with major resistance around $3,400.
  • An upward break beyond $3,400 could target $3,500 and possibly $3,650.
  • If unable to surpass $3,400, Ethereum may dip, testing support at $3,300 and $3,280.
  • A drop below $3,280 could see the price fall towards $3,230 and potentially $3,200.

Technical Indicators

  • Hourly MACD: Losing momentum in the bullish zone.
  • Hourly RSI: Positioned above the 50 mark.
  • Major Support Level: $3,280
  • Major Resistance Level: $3,400

Ethereum Price

Ethereum's future movements depend on maintaining strength above $3,280 or breaking through $3,400 for further gains.