Ethereum is ending the trading week with a decline at 3108. Moving averages indicate a bearish trend for ETH/USD. Prices have broken below the area between the signal lines, indicating downward pressure from cryptocurrency sellers and a potential continuation of the decline from current levels. At this point, we should expect an attempt at a bullish price correction and a test of the resistance level near 3205. From here, we should expect another downward rebound and a continued decline in the exchange rate and the price of Ethereum, with a potential target below 1745.
Ethereum Forecast ETH/USD January 5 – 9, 2026
An additional signal favoring a decline in ETH/USD quotes during the current trading week (January 5-9, 2026) will be a test of the resistance line on the relative strength indicator. A second signal will be a rebound from the upper boundary of the bearish channel. A strong rally and a breakout of 3685 would cancel out the cryptocurrency’s downward price scenario this trading week. This would indicate a breakout of the resistance area and continued growth in ETH/USD quotes, with a potential target above 4165. A breakout of the support area and a close below 2355 would confirm a decline in Ethereum, signaling a breakout of the lower boundary of the bullish channel.
Ethereum Forecast ETH/USD January 5 – 9, 2026 suggests an attempt to develop a bullish correction and test the resistance area near 3205. From there, a downward rebound and continued decline to below 1745 should be expected. A test of the trendline on the relative strength indicator (RSI) would also signal a decline in Ethereum. A strong rally and a breakout of the 3685 area would cancel the downward scenario. In this case, we should expect continued growth with a target above the 4165 area.
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