ETH Price Prediction: Will Ethereum Surge Past $3,000 as Whales Accumulate?

ETH Price Prediction

Ethereum Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Sophia, ethereum (ETH) is currently trading at $2,547.95, slightly below its 20-day moving average (MA) of $2,561.44. The MACD indicator shows a bearish crossover with a reading of -29.5704, but the histogram is turning positive at 81.6042, suggesting potential momentum shift. Bollinger Bands indicate a range between $2,450.00 (lower) and $2,672.87 (upper), with the middle band aligning closely with the 20-day MA. Sophia notes that a breakout above the upper band could signal a bullish reversal.

Ethereum Market Sentiment: Mixed Signals Amid Accumulation

BTCC financial analyst Sophia highlights conflicting signals in Ethereum’s market sentiment. On one hand, exchange reserves have hit a 7-year low, indicating strong hodling behavior and potential supply squeeze. On the other hand, technical challenges and bearish momentum persist. Sophia observes that whale accumulation and record-low exchange supply (12-day low) are creating a bullish undercurrent, while the $2.6K liquidation pool remains a critical level to watch. The $3M NFT purchase also demonstrates renewed institutional interest.

Factors Influencing ETH’s Price

Ethereum Faces Technical Challenges and Bearish Trend

Ethereum is under significant pressure in the current cryptocurrency market, hovering around $2,695 at the most recent check. The coin has failed to break key resistance levels, indicating vulnerability to bearish pressure in the coming weeks. Over $1.5 billion lost in open interest suggests weakening demand for Ethereum, pointing to a possible continued decline in value. A “Death Cross” on the charts raises concerns as Ethereum confronts heightened market risk and uncertain price movements.

Ethereum Shows Signs of Rebound with Increased Hodling

Ethereum (ETH) has recently displayed positive momentum, surpassing the broader cryptocurrency market. Over the past 24 hours, ETH experienced a notable price surge, hitting an intraday high of $2,832 on February 17, before retracting to $2,720 by early trading on February 18. Despite this pullback, Ethereum still gained 2% on the day, while the overall market capitalization dipped by 2.4%, as reported by Santiment. Santiment’s analysis suggests that Ethereum is exhibiting ’mild signs’ of a potential rebound. As the second-largest cryptocurrency by market capitalization, ETH’s performance has been stronger than many other altcoins this week. The recent rise marks Ethereum’s highest price in 12 days, indicating potential support for the digital asset.

Ethereum Exchange Supply Hits 8-Year Low, Signaling Potential Price Rally

Ethereum’s supply on centralized exchanges has decreased to its lowest levels since 2016, leading to widespread speculation. Historically, such supply shortages have been followed by substantial price increases as reduced availability tends to lessen selling pressure. For instance, during the 2016-2017 bull cycle, early adopters hoarded ETH, driving its price from under $10 to over $1,400 by early 2018. The current trend suggests strong accumulation and potential for a significant price rally.

Ethereum Hits 12-Day High as Exchange Supply Reaches Record Low

Ethereum gained momentum over the past 24 hours, reaching a 12-day high before returning to $2,720. The price increase represents a 2% daily gain, bucking the broader crypto market’s 2.4% decline. Santiment reported that ETH’s exchange supply has dropped to its lowest level since inception, indicating a strong accumulation trend.

$3M NFT purchase marks largest digital art sale in three years

Sam Spratt’s “X.Masquerade” has been sold for $3 million, making it the largest digital art sale in three years. The artwork is the sixth addition to Sam Spratt’s Story of Luci series and crucial for an upcoming exclusive event. Kanbas, the purchaser, expressed pride in supporting Spratt and sharing his artwork with the world. The sale follows an increase in NFT trading volume, credited to OpenSea’s marketing efforts, which reached $40 million due to an airdrop.

Ethereum Struggles with Bearish Momentum

Ethereum (ETH) has faced a challenging period in recent weeks, lacking buying momentum and experiencing slow price progression. Technical indicators suggest a bearish short-term price outlook, with a potential liquidity hunt on the horizon. ETH has struggled to gain upward momentum, failing to hold above the $2.8k resistance level, and selling pressure continues to dominate the market.

Dawgz AI Stands Out in Crypto Market with Cutting-Edge AI and Strong Investment Potential

Dawgz AI, combining advanced artificial intelligence technology with compelling investment opportunities, has achieved remarkable presale success, raising over $1.5 million and nearing its $1.7 million target. The project utilizes AI-driven trading bots for precise and speedy trades, optimizing returns for investors. Additionally, investors can earn passive income through staking rewards, enhancing growth potential and network stability. Built on the Ethereum blockchain, Dawgz AI aims to offer more than a typical meme coin, emphasizing innovation and substance, representing a shift towards sustainable and profitable crypto investments that appeal to forward-thinking investors.

Ethereum’s $2.6K Liquidation Pool Emerges as Key Area to Watch

Ethereum has recently surged towards the $2,800 level, triggering a wave of short liquidations. However, a divergence between Ethereum and Bitcoin, coupled with a growing $2,600 liquidation pool, has increased volatility for ETH. The $2,600 liquidation zone is now a critical area to monitor, as it will determine whether ETH can maintain its upward momentum or face a deeper correction.

ETH Price Prediction: Ethereum Anticipated To Surpass $3,000, Whales Accumulate RTX For Potential 5000% Gains

The ETH price prediction is a focal point for investors as Ethereum maintains strong momentum. With exchange reserves at their lowest since 2016 and increased staking activity limiting supply, ETH is expected to rise above $3,000 in the near future. As Ethereum’s liquidity tightens and investor interest grows, whales are shifting their focus to RTX (Remittix), a low-cap Ethereum-based token poised for a potential 5000% return. This strategic move suggests that Remittix could be the top Ethereum investment of 2025.

Ethereum’s Social Media Activity Suggests Potential Price Rebound

Ethereum’s social media activity has recently increased, hinting at a potential price rebound. The social dominance of Ethereum has risen notably, indicating renewed interest from social media users. Currently, Ethereum’s social dominance stands at 9.2%, meaning almost one-tenth of cryptocurrency-related conversations involve ETH. Despite this, ETH experienced a 18.16% price decline in February 2025, starting at $3,299.50 and ending at $2,700.46. Technical analysis shows Ethereum trading within a consolidation zone between $2,565 and $2,800.

Ethereum Exchange Reserves Hit Seven-Year Low, Signaling Shift to Long-Term Holding

Ethereum reserves on exchanges have dropped to their lowest level in nearly seven years, indicating a growing trend of long-term holding and self-custody among investors. Data from CryptoQuant reveals that only 19 million ETH remain on exchanges, a level not seen since 2018. Furthermore, on-chain analytics firm Santiment notes that ETH is moving off exchanges at an unprecedented rate, with just 6.38% of the total ETH supply currently held on exchanges. This shift suggests that investors are prioritizing long-term storage over active trading, possibly driven by various factors including increased interest in Ethereum-based projects and products.

How High Will ETH Price Go?

Sophia from BTCC provides a balanced outlook: Technicals suggest Ethereum is consolidating near key support ($2,450) with bullish potential if it breaks above $2,673. Fundamental factors like exchange supply dynamics and whale accumulation could propel ETH toward $3,000, though bearish MACD signals warrant caution.