Ethereum price prediction shifts to $1,779 after ETH rebound


Tldr:

  • Ethereum price prediction is now focused on the $1,779 resistance level after ETH rose 4.73% and is back near a short-term critical range.
  • ETH regained interest after surpassing $1,750, while traders are now watching whether the level can hold as support in the coming sessions.
  • Whale activity, Binance outflows and spot interest on ETFs are improving sentiment, although weak network activity continues to limit bullish conviction.
  • A break above $1,779 could open the way towards $1,850 to $1,900, while a drop below $1,633 could renew bearish pressure.

The Ethereum price forecast has shifted sharply towards the $1,779 resistance area after Ethereum rose 4.73% to $1,690.61 in the last session. The move came as traders watch whether Ethereum can hold above the recently reclaimed $1,750 area. Market analyst Ted says ETH could move towards $1,850 to $1,900 as long as this level holds.

However, the recovery comes after a weak quarterly stretch. Ethereum It faced lower network activity, mixed demand from ETFs, and lower pressure from key moving averages. This makes the next test of resistance important for the short-term trend.

Ethereum price prediction focuses on the $1,779 barrier

The Ethereum price prediction now depends largely on whether buyers can break above the $1,779 resistance level. This area corresponds to the Ichimoku Kijun and is located near the MA-20 at $1,775 and the MA-50 at $1,756. A clean move above that group could change the structure in the short term.

source: TradingView

The market is also watching the $1,753 area. This level was previously support and is now located near the first major test for bulls. If ETH stabilizes above it, traders may view the recent decline as a failed collapse.

At the same time, the broader situation remains uneven. ETH has traded below several previous support levels, including $1,925, $2,175, and $2,375. These areas may now act as resistance if the rebound extends.

Momentum signals are also segmented. The MACD indicates stronger buying pressure, while the RSI near 55 shows that Ethereum has not yet entered a clear bullish zone. Both the CCI and Bull/Bear Power remain bearish, suggesting that sellers have not completely stepped aside.

That’s why $1,779 is so important. A breakout may invite new bids and cover short positions. Failure near this level may continue Ethereum Trapped between $1633 and $1814.

Ethereum price prediction measured by whale flows and ETFs

Ethereum price prediction is not just about chart levels. On-chain signals and institutional signals also shape the current setup. Large Ethereum holders added exposure near the late June lows. This buying supported cautious optimism among traders.

The main warning signal does not come from the chart, but from the data on the chain. According to Glassnode, the 14-day average active Ethereum addresses rose to around 795,000 in early February.
Active Ethereum addresses: Source: Glassnode

Meanwhile, Binance withdrawals have reportedly reached a three-year high. Exchange outflows can reduce available supply, especially when combined with whale accumulation. This often supports bullish narratives when the price starts to recover.

However, Ethereum is still facing pressure due to weak network activity. Active addresses have fallen sharply from highs early in the year, raising questions about user demand. Since ETH supports cross-network activity, low usage can weaken the base case.

ETF flows also remain mixed but renewed Spot Interest ETF Outflows in June showed that institutional demand was not yet stable. This divergence prevents the market from forming a clear bullish view.

Right now, it seems likely that ETH will trade within a consolidation range between $1,633 and $1,814. A break above $1,779 would strengthen the case for a move towards $1,850 and $1,900. A loss of $1,633 would shift attention back to $1,500 and deeper support near $1,200.

Institutional sentiment has improved through whale activity, demonetization, and… Ethereum adoption efforts. However, buyers still need to be confirmed by price action. The next crucial signal is near the $1,779 area, where Ethereum must prove that the bounce has enough strength to expand.



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