NewsCryptoEthereum Price Predictions Turn Bullish as Analysts Eye $3K ETH Breakout

Ethereum Price Predictions Turn Bullish as Analysts Eye $3K ETH Breakout

Author: Blockonomi·

Key Takeaways

  • Two TD Sequential buy signals recently appeared on Ethereum's monthly chart, a technical pattern previously linked to significant price rallies.
  • Analysts identify $2,000 as the immediate breakout level for Ethereum, while $1,800 serves as critical support.
  • U.S. spot Ethereum ETFs attracted approximately $255.6 million in net inflows between August 4 and August 7.
  • Market volatility for Ethereum has decreased, with the Glassnode DVOL Index closing at 47.44 on August 7.
  • Ethereum must sustain a break above $2,000 and clear the $2,300 to $2,600 resistance zone before the $3,000 target becomes technically relevant.
Ethereum Price Predictions Turn Bullish as Analysts Eye $3K ETH Breakout

Ethereum price forecasts are turning more constructive after monthly momentum signals appeared alongside a tightening trading range and steady institutional inflows. Analysts now see $2,000 as the immediate technical hurdle before ETH can build toward the broader $3,000 target.

Monthly TD Buy Signals Put ETH's $3K Target Back in Focus

Ali Charts said Ethereum printed two TD Sequential buy signals on the monthly chart, including a black 9 and an S13. The indicator, developed by market analyst Tom DeMARK, tracks trend exhaustion through a nine-bar Setup and a 13-count Countdown, highlighting areas where momentum may weaken. It is one of the more widely followed timing tools among crypto chart analysts.

His chart linked previous monthly signals with several major ETH moves. An April 2022 A13 sell signal preceded a roughly 75% decline, while September 2022's black 9 came before a 236% advance.

ETHEREUM: TWO MONTHLY BUY SIGNALS

Last month, the TD Sequential flashed two buy signals on Ethereum's monthly chart: a black 9 and an S13.

This is a macro bullish development worth paying attention to. Over the past four years, every TD Sequential signal on the monthly chart… pic.twitter.com/iY9FmmxOxK

— Ali Charts (@alicharts) August 8, 2026

More recently, an April 2025 A13 buy signal was followed by a 258% rally. Based on that historical pattern, Ali placed $3,000 back on the radar if the latest setup gains confirmation.

With ETH near $1,625, reaching $3,000 would require an increase of roughly 85%. However, the signal alone does not establish a confirmed reversal.

DeMARK's Sequential framework identifies potential trend exhaustion rather than guaranteeing direction. As a result, higher lows and reclaimed resistance remain important before the monthly setup strengthens. Historical correlation between past signals and subsequent moves does not guarantee similar outcomes.

$2K Breakout Becomes Ethereum's Immediate Technical Test

Against that broader monthly backdrop, Michaël van de Poppe's shorter-term analysis narrows the focus to Ethereum's current $1,800-to-$2,000 trading range. He identified $1,800 as critical support, while a sustained move above $2,000 could change the prevailing market structure.

It's the same view on $ETH.

Nothing has changed, despite a liquidity sweep earlier today.

It's stuck between $1,800-2,000.

If $2,000 breaks upwards, we're likely going to see a very strong breakout.

The volatility is the lowest it's been in recent years. pic.twitter.com/PDk1F4HMkx

— Michaël van de Poppe (@CryptoMichNL) August 8, 2026

His August 7 chart placed ETH near $1,915, with immediate support around $1,825. Meanwhile, the same analysis identified approximately $2,465 as the next major resistance level if buyers regain control.

Beyond that level, the chart highlighted a broader resistance zone between $2,500 and $2,600. Consequently, any advance toward $3,000 would first require Ethereum to clear several defined technical barriers.

ETF Inflows and Lower Volatility Strengthen Ethereum's Setup

Options data also shows that near-term volatility cooled during the consolidation. Glassnode's Ethereum DVOL Index closed at 47.44 on August 7 after holding above 50 during July.

That decline indicates traders were pricing smaller expected price swings while ETH remained inside its range. Extended periods of compressed volatility have historically preceded larger directional moves in crypto markets, though the direction of any subsequent breakout remains uncertain.

Meanwhile, U.S. spot Ethereum ETFs continued attracting capital. The nine spot ETH ETFs began trading in July 2024 after SEC approval, giving regulated vehicles direct exposure to Ethereum for the first time.

According to Farside Investors, the funds recorded about $255.6 million in net inflows from August 4 through August 7. Those flows add an institutional component to a market testing important technical levels, and sustained inflows would mark a shift from the net outflows the products experienced during portions of their early trading history.

Taken together, the data explains why Ethereum price predictions have turned more bullish. The monthly TD signals point to improving macro conditions, while $2,000 remains the immediate confirmation level.

A sustained break above that level would first expose the $2,300 to $2,600 resistance region. Only after those barriers are cleared does the $3,000 target become technically relevant.