ETH/USD quotes are trading at 3177 and continue to move within a growing bullish channel. Moving averages indicate a short-term uptrend for Ethereum. Prices have broken above the signal lines, indicating buying pressure and potential continued price growth from current levels. Today’s Ethereum forecast anticipates an attempt at a bearish correction and a test of support near 3130. From there, we should expect another upward rebound and continued growth in the Ethereum price, with a potential target above 3365.
Ethereum Forecast and ETH/USD Analysis for January 6, 2026
An additional signal in favor of rising ETH/USD quotes will be a test of the bullish trendline on the relative strength indicator. A second signal will be a rebound from the lower boundary of the ascending channel. A decline in the Ethereum price and a breakout of 3065 will cancel out this upward trend. This will indicate a breakout of the support area and a continued decline in ETH/USD quotes toward 2765. A breakout of the resistance area and a consolidation above 3335 will confirm the asset’s price growth, signaling a breakout of the key resistance level.
Ethereum Forecast and ETH/USD Analysis for January 6, 2026 suggests an attempt at a bearish correction and a test of the support area near 3130. From there, a rebound and continued growth in the ETH/USD cryptocurrency to above 3365 should be expected. A test of the trend line on the relative strength indicator (RSI) would be an additional signal of an uptrend for Ethereum. A break of the support area at 3065 would invalidate the upward trend, indicating continued decline with a potential target below 2765.
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