Ethereum concludes the trading week within a downward trend and a bearish channel. The ETH/USD exchange rate is currently positioned near the 2402 level. Moving averages indicate an underlying bullish trend for ETH/USD. Prices are re-testing the area between the signal lines, suggesting mounting pressure from buyers and the potential for a rebound from current levels. In the near term, we may see an attempt to develop a bullish correction, testing the resistance zone near 2485. From there, a downward rebound is expected, leading to a continued decline in Ethereum’s value, with a potential target below the 1435 level for the week.
Ethereum Forecast ETHUSD October 26 – 30, 2026
An additional signal supporting a decline in ETH/USD for the week of October 26–30, 2026, is a test of the downward trend line on the Relative Strength Index (RSI). A second signal would be a rebound from the upper boundary of the bearish channel. The scenario for a decline would be invalidated by a strong rally that breaks through the 3045 level; such a move would signal a breakout above the resistance zone and point toward further gains for ETH/USD, with a potential target above 3725. Conversely, a breakdown of the support zone—confirmed by a close below the 2235 level—would signal a breach of the lower boundary of the bullish channel, further validating the bearish outlook for Ethereum. The Ethereum Forecast ETHUSD October 26 – 30, 2026 suggests an attempt at a bullish correction, testing the resistance area near the 2485 level. From there, a downward rebound is expected, leading to a continued decline in the cryptocurrency toward the area below 1435. An additional signal supporting a drop in the Ethereum price is a test of the trend line on the Relative Strength Index (RSI). The bearish scenario would be invalidated by a strong rally and a breakout above the 3045 level; in that case, further gains could be expected, targeting levels above 3725.
