Ethereum price prediction: Will $1,798.89 resistance hold as ETH gains 1.77%?

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Ethereum gains 1.77% to $1,795 today

Highlights

Ethereum’s staking ratio hit an all-time high of 32.7%, reducing tradable supply and supporting persistent price momentum.
Large holders accumulated 510,000 ETH near $1,600, while US spot Ethereum ETFs posted $22.5 million net inflows after recent outflows.
ETH/USD displays bullish intraday momentum with an expected short-term range of $1,744.09 to $1,846.03, supported by strong demand but tempered by mixed momentum signals.

Staking record and whale demand as ETF inflows boost sentiment

Ethereum's staking ratio has reached a new all-time high of 32.7%, according to Token Terminal, locking a greater portion of ETH and restricting available circulating supply — a dynamic that supports current upward price momentum. Fresh whale accumulation, with large holders acquiring 510,000 ETH after the asset's move below $1,600 as reported by FXStreet and Lookonchain, has added further demand-side strength and helps reinforce market confidence. Meanwhile, US spot Ethereum ETFs have reversed course with $22.5 million in net inflows after a period of outflows, according to SoSoValue, bringing renewed capital and amplifying liquidity in the market.

Mixed momentum signals as resistance caps hourly price advance

On the hourly chart, ETH/USD is trading above the MA-20 at $1,794.59 and MA-50 at $1,785.75, while remaining below the long-term MA-200 on the daily timeframe at $2,396.69. The Ichimoku Kijun level, positioned at $1,798.89, serves as immediate resistance. Momentum signals are mixed: MACD shows a strong buy, and ADX reflects buying interest. However, RSI flags a buy in overbought conditions, BBP confirms intraday buyer dominance, and both the Stoch RSI and CCI are currently neutral. The Awesome Oscillator continues to confirm ongoing bullish undertones.

Range-bound outlook as breakouts hinge on resistance and support

In the short term, ETH/USD is expected to consolidate within a volatility band of $1,744.09 to $1,846.03 over the next 2-3 trading days. There is a 68% probability of an upward move, while the likelihood of a downward scenario stands at 32%. The baseline scenario sees a period of range-bound trading, though a break above immediate resistance could trigger further upside. Conversely, a drop below the lower support band would open the door to additional downside.

Viktoras Karapetjanc, expert at Traders Union, sees clear signs of improving sentiment and tightening supply in Ethereum driven by robust staking and renewed ETF inflows. Large holders stepping in after the recent dip confirm growing institutional interest. Technical momentum is strong, although short-term consolidation inside the current volatility band is likely. He believes the market has a constructive setup for further upside if resistance is cleared. "With institutional demand rising and less ETH available on the market, I expect Ethereum to sustain its upward momentum in the coming days."

Earlier, analysts noted that Ethereum exhibited near-term bullish momentum, driven by both technical signals and expanding adoption, while cautioning that resistance levels could limit immediate upside. The latest influx of staking, renewed whale accumulation, and the return of ETF inflows reinforce a constructive outlook, positioning ETH for a potential breakout if immediate resistance is surpassed.

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.