ETH Price Prediction: Targets Recovery to $2,800-$3,200 by March 2026
The post ETH Price Prediction: Targets Recovery to $2,800-$3,200 by March 2026 appeared on BitcoinEthereumNews.com.
Terrill Dicki
Feb 01, 2026 14:04
Ethereum shows oversold conditions at $2,376 with RSI at 25. Technical analysis suggests potential bounce to $2,800-$3,200 range within 4-6 weeks if key support holds.
ETH Price Prediction Summary • Short-term target (1 week): $2,590-$2,650 • Medium-term forecast (1 month): $2,800-$3,200 range• Bullish breakout level: $2,807 • Critical support: $2,205 What Crypto Analysts Are Saying About Ethereum While specific analyst predictions from major crypto personalities are limited in the current timeframe, recent forecasts from established platforms remain optimistic. According to CoinCodex’s January 29 analysis, “ETH price is expected to rise by 10.56% in the next 5 days,” targeting $3,325.67 by February 2, 2026. ChangeHero’s concurrent forecast aligns closely, predicting “Ethereum is predicted to reach $3,326 by February 2, 2026.” However, these projections were made before the recent -9.61% daily decline that brought ETH to current oversold levels. On-chain data from major analytics platforms suggests accumulation patterns typical of market bottoms, though specific whale activity metrics indicate cautious positioning among large holders. ETH Technical Analysis Breakdown Ethereum’s current technical picture presents a compelling oversold scenario. The RSI reading of 25.09 places ETH firmly in oversold territory, historically a zone where bounce opportunities emerge. This represents the most oversold condition for Ethereum since the broader crypto market correction began. The MACD indicators show bearish momentum with both the main line and signal line at -138.60, though the histogram at 0.0000 suggests momentum may be stabilizing. This convergence often precedes directional changes in volatile assets like cryptocurrencies. Bollinger Bands analysis reveals ETH trading significantly below the middle band at $3,000.39, with the current %B position of -0.07 indicating proximity to the lower band support at $2,454.50. This positioning suggests ETH is testing extreme oversold levels relative to its 20-day…
Filed under: News - @ February 1, 2026 2:30 pm