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$68159.79

-0.73%

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$1981.967

0.27%

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$1.482

-0.17%

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$617.214

0.54%

Analysis

ETH Gains Momentum, But Can It Break $3K Wall?

3 mins mins
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Key Insights:

  • Ethereum holds strong above $2,800, building a base after weeks of downward pressure.
  • Price tests $3,000 resistance repeatedly, but buyers need more strength to confirm a breakout.
  • The short-term chart shows bullish signs, yet ETH must clear $3K to shift the trend upward.
Section 2026 01 27T173057.404
ETH Gains Momentum, But Can It Break $3K Wall?

Ethereum was trading just above $2,900 after rebounding from a key support area. The $2,800 to $2,900 zone has held firm over the past few weeks, with buyers stepping in at every test. That range has become a strong base, helping ETH avoid further decline during recent market weakness.

At press time, ETH was priced around $2,916. The latest bounce suggests traders are attempting to build some momentum. However, the move remains limited as ETH sits justbelow major resistance. How the price behaves near current levels will be important in the coming days.

$3,000 Resistance Remains a Barrier

So far, Ethereum has not been able to clear the $3,000 mark. This level has capped several short rallies and continues to act as a major obstacle. Just above it, $3,058 marks the next resistance. Until ETH breaks and holds above this range, upward movement may struggle to continue.

As one user noted, 

“The pump won’t be sustainable until Ethereum breaks above the $3,000 level.” 

Source: Ted/X
Source: Ted/X

ETH has tested the area more than once, but each attempt was followed by a pullback. Unless buyers push through this zone, price could move back into the lower range.

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Short-Term Signals Point to Early Shift

In the 4-hour chart, ETH has moved above a falling trendline. This shift in structure follows a series of lower lows on price, while the RSI has shown higher lows. That type of move is often watched by traders as a possible early sign of strength returning.

Even with this setup, ETH still needs to clear the $3,000 resistance to confirm a shift in trend. If it fails to do so, price may slip back toward the $2,775–$2,800 support area. That zone has provided a cushion multiple times, but continued retests could weaken it.

Range Holds as Market Watches Next Move

By the then, Ethereum was trading between well-defined zones. Support between $2,800 and $2,900 remains intact. Resistance from $3,000 to $3,058 is still holding back gains. Until one of these levels breaks, the price may stay inside this range.

If ETH breaks above $3,058, it could move toward $3,140 or higher. If it drops below $2,800, lower support near $2,600–$2,750 could come back into play. For now, the market is watching closely to see which direction wins out.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Avatar of Olivia Stephanie

Olivia Stephanie

27 January 2026, 14:32:52 GMT +0000

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