Shocking Prediction: Ethereum (ETH) Has the Potential to Soar to $3,700!

Jakarta, Pintu News – In recent months, the price of Ethereum (ETH) has shown significant fluctuations, but an analyst has identified a pattern that signals the possibility of a significant price increase. Despite being faced with a variety of fickle economic challenges, Ethereum (ETH) continues to attempt to reach new highs.

Ascending Triangle Pattern Promises Upside

Ethereum (ETH) is currently testing critical support in the $3,020-$3,050 zone. Fortunately, an ascending triangle pattern has emerged on the daily chart that shows the potential for an upward breakout past $3,300. If this resistance is successfully passed, the next price movement target is the $3,700 area. This pattern has become a classic indicator that is often used by traders to predict the next price movement.

Also Read: XRP 2026 Price Prediction: Is This Investment Still Promising?

Technical Analysis Supports Upside

Javon Marks, a crypto analyst, recently shared his analysis on how Ethereum (ETH) might be about to achieve a big win. According to Marks, Ethereum’s Relative Strength Index (RSI) is showing a bullish turn that could help the token recover lost value. “Ethereum (ETH) price rose an average of 123% after this RSI structure appeared,” Marks said. This signals that Ethereum’s recently emerging strength may be just the beginning of a big rally to come.

Long-term Projections and Institutional Support

Furthermore, CoinCodex predicts that Ethereum (ETH) could reach a new peak of $3,487 in the first week of February 2026. If the $3,300 support holds, this could be the starting point towards the $3,700 range. Marks even predicts that if this RSI structure holds, Ethereum (ETH) could reach up to $8,500 in the long term.

In addition, factors such as increased staking by institutions and treasury accumulation have also supported this price increase. For example, BlackRock’s Ethereum ETF recently bought $102.9 million worth of Ethereum.

Conclusion

With various technical analysis and strong institutional support, Ethereum (ETH) has the potential to continue rising in the coming weeks. If the market sentiment remains bullish, the chances of reaching and even surpassing the predicted price target are wide open.

Also Read: Raydium Price Prediction 2026: Significant Upside Potential in the Solana Ecosystem

Follow us on Google News to get the latest information about crypto and blockchain technology. Check Bitcoin price today, Solana price today, Pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Watcher Guru. Ethereum (ETH) Price Forecast: Analyst Eyes Rally to $3700. Accessed on January 12, 2026.