ETH/USD quotes are trading at 2901 and continue to move within a downward trend and a descending channel. Moving averages indicate a short-term bullish trend for Ethereum. Prices have broken below the signal lines, indicating buying pressure and potential continued price growth from current levels. Today’s Ethereum forecast anticipates an attempt to further strengthen the coin’s price and test the resistance level near 3105. From there, we should expect another downward rebound and a continued decline in the Ethereum price, with a potential target below 2425.
Ethereum Forecast and ETH/USD Analysis for January 22, 2026
An additional signal for a decline in ETH/USD prices will be a test of the bearish trendline on the relative strength indicator. A second signal will be a rebound from the lower boundary of the bullish channel. A strong rise in Ethereum and a breakout of 3565 would cancel the cryptocurrency’s downward scenario. This would indicate a breakout of the resistance area and continued growth in ETH/USD prices toward 4085. A breakout of the support area and consolidation below 2825 would confirm the asset’s price decline.
Ethereum Forecast and ETH/USD Analysis for January 22, 2026 suggests an attempt at a bullish correction and a test of the resistance area near 3105. From there, a rebound and continued decline in ETH/USD to below 2425 should be expected. A test of the trendline on the relative strength indicator (RSI) would also signal a decline in Ethereum. A breakout of the resistance area above 3565 would cancel the digital currency’s downward scenario. This would indicate continued growth in the digital currency with a potential target above 4085.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
