Ethereum (ETH) Price Analysis for January 1
Analysis
Price Impact
LowThe analysis indicates a lack of strong buyer or seller dominance, with decreasing trading volume. this suggests limited potential for significant price movements in the near term.
Trustworthiness
MedThe analysis is based on technical chart patterns and volume, provided by a known crypto news outlet. while it offers specific price ranges, it's an interpretation and not a guaranteed outcome.
Price Direction
NeutralEthereum is expected to trade sideways within the range of $2,950-$3,050. neither bulls nor bears show sufficient strength to push the price decisively in either direction.
Time Effect
ShortThe analysis focuses on immediate price movements, stating 'low chances to see sharp moves by tomorrow' and 'over the next days', suggesting a short-term outlook.
Original Article:
Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Sellers are dominating over buyers at the beginning of 2026, according to CoinStats . Advertisement ETH chart by CoinStats ETH/USD The rate of Ethereum (ETH) has fallen by 1% since yesterday. Image by TradingView On the hourly chart, the price of ETH is in the middle of the local channel between the support at $2,971 and the resistance at $2,993. As neither side is dominating, there are low chances to see sharp moves by tomorrow. Image by TradingView On the bigger time frame, the situation is similar. The volume keeps going down, which means the rate of the main altcoin has not accumulated enough strength yet. You Might Also Like Wed, 12/31/2025 - 15:36 Bitcoin (BTC) Price Analysis for December 31 By Denys Serhiichuk In this case, sideways trading in the range of $2,950-$3,050 is the more likely scenario over the next days. Image by TradingView From the midterm point of view, the price of ETH is trading within the previous bar, confirming the absence of bulls' and bears' strength. All in all, traders are unlikely to see increased volatility soon. Ethereum is trading at $2,984 at press time. #Ethereum Price Prediction