Ethereum Price Prediction: ETH Price Reclaims $3,000 as Futures Signals and RSI Support $3,420 Move
The post Ethereum Price Prediction: ETH Price Reclaims $3,000 as Futures Signals and RSI Support $3,420 Move appeared on BitcoinEthereumNews.com.
Ethereum (ETH) is showing early signs of a bullish reversal as futures activity, technical breakouts, and institutional inflows indicate that the market may be shifting toward stronger upward momentum. Recent price action has seen ETH stabilize around the $3,000 mark, bolstered by rising RSI levels and Fibonacci support zones. Traders and institutions are closely monitoring futures activity for confirmation of a potential move toward the $3,420 target. ETH Price Outlook Strengthens as Futures Signals Turn Positive Binance Futures data shows open interest in ETHUSDT 1-hour contracts increased by 12% over the last 24 hours, reflecting growing market participation. Funding rates for ETH perpetual contracts have normalized around 0.01%, signaling reduced liquidation risk and a healthier trading environment. ETH has broken out of a descending channel around $2,978, testing $3,000–$3,070, with a confirmed close above this zone signaling potential upside toward $3,400. Source: VaultX_Trader on TradingView On the daily chart, the 14-period RSI has reclaimed the 50 level for the first time since early December 2025, a condition that has historically preceded trend continuation. This improvement, paired with ETH rebounding above $3,000, indicates that short-term selling pressure may be easing. Technical Indicators Point to Strengthening Market Structure A commonly observed ETH/USDT futures setup highlights tiered upside targets: $3,120, $3,250, and $3,420, supported by: RSI (14-period daily) above 50. Fibonacci retracement anchored from the October high ($3,450) to the December low ($2,720), aligning near $3,250. Moving averages, including 50-hour EMA crossing above 200-hour EMA on intraday charts. Price action confirming a breakout from a descending channel. Ethereum (ETH) futures for ETHUSDT (1h) show a bullish trading setup with buy signals around $2,920, targeting $3,120–$3,420, based on technical indicators including RSI, Fibonacci, and moving averages. Source: pullbacksignal on TradingView The next resistance zone lies between $3,000 and $3,070. A decisive close above $3,070…
Filed under: News - @ December 20, 2025 8:28 pm