Ethereum (ETH) Price Prediction: Ethereum Eyes $4,400 After Breaking $3K Barrier With $500 Million Inflows
The post Ethereum (ETH) Price Prediction: Ethereum Eyes $4,400 After Breaking $3K Barrier With $500 Million Inflows appeared on BitcoinEthereumNews.com.
Ethereum price today soared past the key $3,000 level for the first time in months, igniting bullish momentum across the crypto market. Driven by over $500 million in ETF inflows, surging institutional interest, and strong on-chain signals, Ethereum now sets its sights on the next major resistance at $4,400. Ethereum Breaks $3,000 With Conviction Ethereum’s breakout above $3,000 marks a pivotal moment in its recent price action. After gaining 6.7% in a single day and jumping nearly 8.8% within 24 hours, ETH has reclaimed a key psychological threshold. As of writing, Ethereum trades just below $3,000, riding high on its most significant rally since February. Ethereum (ETH) was trading at around $2,973, up 7.08% in the last 24 hours at press time. Source: Ethereum Liquid Index (ELX) via Brave New Coin Much of this surge is attributed to historic ETF inflows. According to Farside data, U.S.-listed spot Ethereum ETFs saw a record $383.1 million in a single-day inflow, while total monthly inflows have now exceeded $500 million. This wave of capital underscores renewed confidence from institutional players. Delta Exchange CEO Pankaj Balani stated, “Ethereum’s breakout past $3,000 and its brief lead over Bitcoin in futures volume at $62.1 billion reflects increasing risk appetite and expanding trader interest in ETH derivatives.” Technical Landscape: ETH Builds Toward $4,400 Ethereum’s technical indicators continue to support a bullish thesis. On the daily chart, ETH has clearly broken above the $2,750-$2,880 resistance band and pierced through a descending trendline that had capped upside since April. With the 100-hour SMA and trendlines reinforcing $2,885 as a strong support base, ETH appears well-positioned to advance. Ethereum has broken out of a Head and Shoulders Bottom after a Falling Wedge, with bullish momentum targeting the $4,400 level. Source: Dajo via X Chart analysts are now watching resistance zones…
Filed under: News - @ July 12, 2025 12:26 am