Ethereum (ETH) High Price Predictions for 2026

Can ETH reach a new ATH this year?

The final months of 2025 were brutal for Ethereum (ETH), with its price briefly falling below $2,700 before ending the year just below the psychological level of $3k.

However, it started 2026 on the right foot and rose above $3,200, causing many analysts to set ambitious targets. Some of them are extremely powerful, considering the explosion of more than $10,000.

Short Term Goals

The second largest digital asset has followed the revival of the broader crypto market, with its valuation rising 9% in the past week alone. X user Open4profit noted that ETH is now approaching the $3,440 resistance, which has served as a support area in the past. The analyst warned that a rejection at that level means the correction is not over and could trigger a renewed pullback.

On their part, Kamran Asghar said that the price has fallen on the rising support of the trendline. That said, they expect the rally to continue, setting $3,500 as the next goal.

The Value Trader is also optimistic, envisioning a move higher towards $4,900 sometime in February.

Predictions for 2026

Many other analysts believe that the price of ETH can post very impressive gains, expecting such a bull run to happen later in the year. X user Daink shared his 2026 forecast, foreseeing the commodity trading above $7,200 in the summer.

Yimin X and Crypto GEMs are even stronger, as both think that ETH can hit a new record of $11,000 reaching R11,000 by the end of the year.

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Earlier this month, the latter argued that a break of the $3,144 downtrend line was “only one obstacle and the sky is the limit.” They also predicted that the price may reach $7,000 soon.

Noticing Other Indicators

Many factors support the bullish thesis. Netflows into Ethereum ETFs, for example, have been positive over the past few days, suggesting that interest from institutions is back on the scene.

Meanwhile, ETH exchange reserves continue to move at low levels, which means short-term selling pressure remains low. CryptoQuant data shows that less than 16.5 million tokens are currently stored on centralized platforms, which is not far from the nine-year low registered at the end of 2025.

Ethereum’s Relative Strength Index (RSI), however, has risen above 80, indicating that the asset is overbought and may be ready to pull back. In other words, this means that ETH experienced an accelerated rally in the short term, increasing the chances of a short-term recovery. Conversely, when the RSI falls below 30, it is usually interpreted as bullish for the price.