Ethereum price prediction: Will $2,345 resistance hold as ETH trades flat?

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Ethereum rises 0.14% to $2,301.21 today

Highlights

The Ethereum Foundation sold 10,000 ETH over-the-counter for nearly $47 million, potentially impacting market liquidity and supply dynamics.
U.S. spot Ethereum ETFs saw $101.2 million in net inflows, driven by institutional allocations to BlackRock’s new product and offsetting recent outflows.
Technical signals show ETH faces persistent long-term resistance, with a projected five-day range of $2,270 to $2,345 and low probability of a breakout.

Ecosystem selling and ETF inflows shape supply and sentiment balance

The Ethereum Foundation’s sale of 10,000 ETH via OTC transactions, totaling nearly $47 million over the past week, has drawn market attention for its potential to impact circulating supply and liquidity as the foundation funds ecosystem and operational initiatives. At the same time, U.S. spot Ethereum ETFs have registered $101.2 million in net inflows, including significant allocations to BlackRock’s new offerings, indicating revived institutional interest and helping to offset recent outflows. Additional stability came as Ethereum mined its 25 millionth block following major protocol upgrades, and incremental regulatory clarity was signaled with the advancement of the CLARITY Act in the U.S. Senate.

Resistance tests intensify amid mixed momentum signals and low volatility

ETH trades below the SMA-20 at $2,325.18, putting short-term resistance in focus, while still maintaining support above the SMA-50 at $2,211.85. The SMA-200 at $2,726.57 remains a key overhead resistance, and the Ichimoku Kijun at $2,262.57 forms immediate support on the daily timeframe. The daily MACD delivers a strong buy signal, but this is contrasted by a muted ADX reading of 17.64, suggesting a lack of strong trend momentum. The RSI on D1 stands at 54.44 (buy zone), with Stoch RSI and CCI both neutral. BBP signals overbought conditions, suggesting recent buyer dominance may be nearing exhaustion, while the Awesome Oscillator offers little clear direction. Today’s session opened with a slight gap up, and price action has remained largely sideways with modest upward bias and low volatility.

Downside favored as breakout risks stay muted in week ahead

The expected price range for ETH over the next five trading days falls within $2,270 to $2,345, reflecting a typical volatility band relative to current levels. The probability of a sustained price increase remains low (less than 20%), making further downside or range-bound movement more likely. A breakout above $2,345 would create potential for a test of higher interim resistance if momentum resumes, while a decline below $2,270 would expose ETH to additional medium-term downside risk. Weekly indicators continue to lean bearish, presenting a challenging environment for upward extension in the near term.

Viktoras Karapetjanc, expert at Traders Union, sees Ethereum’s fundamental backdrop improving due to strong institutional inflows and regulatory progress in the U.S. He believes the Ethereum Foundation’s recent $47 million OTC sale helps fund ecosystem growth without derailing market stability. Despite low trend momentum, Karapetjanc notes that resilient inflows and ongoing upgrades support long-term upside potential. He expects near-term trading to remain within a narrow range unless key resistance is broken. "If inflows and regulatory clarity continue, I see ETH well-positioned for a future upward breakout despite current consolidation."

Earlier, analysts noted that Ethereum was facing conflicting technical signals and cautious sentiment amid regulatory and security concerns. The latest developments, including renewed institutional inflows and ongoing protocol progress, add resilience to Ethereum's outlook, but with momentum still muted, traders should watch for a decisive move outside the $2,270–$2,345 range to signal the next directional shift.

Source of Data: ETH Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.