Ethereum is ending the trading week with a correction at 2968. 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 3065. 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 1685.
Ethereum Forecast ETHUSD January 26 – 30, 2026
An additional signal favoring a decline in ETH/USD quotes during the current trading week (January 26 – 30, 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 Triangle pattern. A strong rally and a breakout of 3665 would cancel out the cryptocurrency’s downward price trend this trading week. This would indicate a breakout of the resistance area and continued growth in ETH/USD quotes, with a potential target above 4085. 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 Triangle pattern and the beginning of a pattern with targets below.
Ethereum Forecast ETHUSD January 26 – 30, 2026 suggests an attempt to develop a bullish correction and test the resistance area near 3065. From there, a downward rebound and continued decline in the cryptocurrency to below 1685 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 3665 area would cancel the downward scenario. In this case, we should expect continued growth with a target above the 4085 area.
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