Ethereum price prediction: Will $1,655.07–$1,759.26 range hold as ETH trades flat?

Traders Union
All News
Crypto News
Ethereum rises 0.83% to $1,679.90 today

Highlights

The SEC's approval for NYSE Arca to list T. Rowe Price Active Crypto ETF, including Ethereum, signals expanding regulated institutional access and could drive ETH demand.
Market liquidity briefly tightened following $24.65 million in liquidations and large holder outflows, but institutional positioning remains dynamic as ETF flows shift with a recent $82 million net inflow led by Fidelity.
ETH/USD displays mixed momentum, with short- and medium-term technical strength but long-term bearish bias; expected to consolidate between $1,655.07 and $1,759.26 over the next 2–3 days amid directional indecision.

ETF listing fuels institutional demand as liquidity constraints emerge

The U.S. Securities and Exchange Commission's approval of NYSE Arca's proposal to list and trade the T. Rowe Price Active Crypto ETF, which includes Ethereum, marks a significant step in broadening regulated access for institutional investors and could increase demand for ETH. This development follows $24.65 million in liquidations and notable outflows from major holders, temporarily reducing market liquidity as investors repositioned amid pressured conditions. Meanwhile, ETF flows remain mixed, with four consecutive days of $4.95 million in net outflows offset by a recent $82 million net inflow led by Fidelity's FETH product, highlighting shifting institutional activity.

Mixed momentum signals amid mid-range trade and support at Kijun

ETH/USD is trading above the MA-20 and MA-50 on the 1-hour chart, while still well below the daily MA-200. The Ichimoku Kijun level at $1,679.74 acts as immediate support. Momentum signals present a mixed picture: MACD is at Strong Buy and ADX at Buy, indicating underlying upward potential, but CCI registers a Sell and BBP points to oversold seller dominance intraday. RSI and Stoch RSI both flag oversold conditions, and the Awesome Oscillator remains neutral, underscoring market indecision within a low-volatility, mid-range setup.

Sideways bias holds as breakout odds favor resistance challenge

Over the next 2 to 3 trading days, ETH/USD is expected to consolidate within a range of $1,655.07 to $1,759.26. The probability of an upward breakout is estimated at 57%, while the downside scenario remains less likely. The baseline expectation is for sideways movement within this volatility band; a break above range resistance could see the price approach the upper boundary, while a decisive move below immediate support would suggest further weakness.

Viktoras Karapetjanc, expert at Traders Union, sees the SEC’s approval of a new crypto ETF as a clear catalyst for growing institutional participation in Ethereum. He notes that while recent liquidations and mixed ETF flows signal some caution, underlying sentiment has turned more constructive. Technicals show the market is stabilizing above key supports, with most momentum signals indicating upward potential. Karapetjanc believes the backdrop now favors accumulation as long as the regulatory tailwind persists. "I expect further recovery for ETH as institutional access expands and market sentiment improves with positive macro news."

Previously it was reported that Ethereum faced persistent fund outflows and mixed technical signals, leading to cautious optimism for a potential shift in market sentiment. With institutional access broadening through ETF approvals and recent intraday signals pointing to market indecision, traders should monitor for a breakout above $1,759.26 or a decisive drop below $1,679.74 to gauge the next directional move.

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.