ETH Price Eyes $2.6K as ETF Inflows Rise While G Coin Debuts on MEXC Post TGE
The post ETH Price Eyes $2.6K as ETF Inflows Rise While G Coin Debuts on MEXC Post TGE appeared on BitcoinEthereumNews.com.
Ethereum eyes $2,400–$2,600 as ETFs and activity rise, while playnance’s G Coin lists on MEXC following utility-driven demand post TGE. TLDR: ETH shows early bullish signals but remains capped below $2,200 amid weak momentum. ETF inflows and strong network activity continue supporting Ethereum’s long-term outlook. playnance G Coin TGE highlights rising focus on utility-driven, high-activity ecosystems. Ethereum’s price trend into 2026 is growing alongside a mix of technical recovery signals, institutional inflows, and shifting market attention toward emerging ecosystems such as playnance’s G Coin. While ETH has posted a weekly gain of around 8% and approached $2,400, its highest level since early February, short-term volatility and macro uncertainty continue to impact expectations. At the time of writing, Ethereum traded near $2,187 after a 6.07% daily decline, reflecting continued selling pressure. Intraday data shows a drop from approximately $2,315 toward a low near $2,160, with limited recovery strength. Despite a 29.55% increase in trading volume to $25.91 billion, price action remained capped below $2,200, signaling cautious market positioning. Ethereum price movement over the past 24 hours/Source: CoinMarketCap Ethereum Technical Structure Points to A Slow Momentum Recovery Ethereum’s indicators show a growing, but not fully confirmed, bullish shift. The Relative Strength Index stands at 54.83, holding above the neutral 50 level, while its moving average is near 52.07. The MACD also indicates early-stage recovery. The MACD line at 35.99 remains above the signal line at 33.23, producing a positive histogram of +2.76. This crossover supports an upward bias, though the narrow spread suggests moderate strength rather than strong continuation. Ethereum technical indicator movement for the last one day/Source: Tradingview Based on these signals, Ethereum appears to be in a consolidation phase. A continuation of RSI expansion toward 60 and a widening MACD histogram could support a move toward the $2,300–$2,400 range. Failure…
Filed under: News - @ March 19, 2026 5:24 pm