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Ethereum’s price experienced a rough end to 2025 after temporarily falling below $2,700, with the currency subsequently approaching $3,000 levels by the end of the year.
The currency regained momentum and rose above $3,200 at the start of 2026, restoring optimism and raising analyst expectations to higher targets for the year.
In the short term, analysts view $3,440 as an important resistance level, as if it is rejected, it could mean a continued pullback.
On the other hand, others see the price rebounding from the uptrend line as supporting support at $3,500, while more optimistic expectations are that the coin can reach $4,900 in February.
As for Ethereum’s long-term price expectations for 2026, some opinions suggest that the currency is likely to trade above $7,200 by the summer, while bolder analysts believe that Ethereum may reach new highs near $11,000 by the end of the year, especially if it breaks resistance levels such as $3,144.
The positive outlook is supported by indicators such as positive inflows into Ethereum spot funds and declining ETH balances on exchanges, reducing selling pressure.
However, a rise in the relative strength index (RSI) above 80 indicates overbought conditions and a temporary decline may occur before the rally is completed.
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