Eth price forecast ethereum's recent price action shows

Ethereum's recent price action shows resilience above $3,300, with analysts projecting a short-term upside toward $3,500 if market liquidity remains steady. The eth price forecast also factors in growing institutional interest in decentralized finance projects. Bitcoin and Ethereum both remained locked under major resistance at $110,000 and $4,000, respectively. By contrast, XRP managed to reclaim the $2.80 resistance and even printed intraday highs of $2.83, signaling stronger resilience compared to its mega-cap peers. Van Lagen noted that Ethereum’s Wave v is nearing completion, supported by a final corrective a-b-c wave. Specifically, Wave a has successfully broken above the crucial resistance level of $3,650, retested it for support in the b wave, and is now poised for the final impulse in wave c, aiming for an ambitious target range of $9,000 to $18,000. Based on blockchain network growth rates and futures market open interest, the eth price forecast indicates a moderate bullish momentum, possibly testing $3,550 before the next Federal Reserve rate update.