Ethereum is ending the trading week in a correction following aggressive growth. The ETHUSD rate is trading near 2446. Moving averages indicate a bearish trend for ETH/USD. Prices have broken above the signal lines, indicating growing pressure from cryptocurrency buyers and potential continued growth from current levels. Currently, we should expect an attempt at a bearish price correction and a test of support near 2105. From there, we should expect another upward rebound and continued growth in the Ethereum price and exchange rate, with a potential target above 3355 as part of the weekly price forecast. Ethereum
Ethereum Forecast ETHUSD August 31 – September 4, 2026
An additional signal favoring an increase in ETH/USD quotes during the current trading week (August 31 – September 4, 2026) will be a test of the broken trend line on the relative strength indicator. A second signal will be a rebound from the upper boundary of the bearish channel. A decline and breakout of 1885 would cancel the upside scenario for the cryptocurrency this trading week. This would indicate a breakout of the support area and a continued decline in ETH/USD prices, with a potential target below 1165. A breakout of the resistance area and a close above 2645 would confirm Ethereum’s growth.
Ethereum Forecast ETHUSD August 31 – September 4, 2026 suggests an attempt at a bearish correction and a test of the support area near 2105. From there, we should expect an upward rebound and continued growth above 3355. A test of the trendline on the relative strength indicator would also signal an upside scenario for Ethereum. A decline and breakout of 1885 would cancel the upside scenario. In this case, we should expect a continued decline, with a target below 1165.
