Ethereum Rises and Gains above the $3,000 Support

Ethereum (ETH) Current Statistics

The current price: $3,114.25
Market Capital: $375,869,468,021.06
Trading Volume: $7,649,984,095.22
Major supply zones: $4,500, $4,500, $5,000
Major demand zones: $3,500, $3,000, $2,500

Ethereum (ETH) Price Analysis January 11, 2026

Ethereum’s price trades above the moving average lines and gains above the $3,000 support. Buyers attempted twice to break through the $3.400 resistance but were unsuccessful. However, buyers have maintained their bullish ascent above the moving average lines for the past week. Today, the altcoin is gaining after finding support above the moving averages. On the upside, if the bulls break through the $3,400 barrier, the altcoin will achieve a high of $3,647.

Furthermore, the bullish momentum is likely to continue to a high of $3,900. In contrast, if the altcoin falls below the $3,400 barrier, the bullish scenario will be invalidated. The largest altcoin will likely fall and be forced into a range-bound move below the previous high but above the moving average lines. Ether is now trading at $3,122 as of writing.

ETH Technical Indicators Reading

The crypto price bars have been above the horizontal moving average lines for the past week. The altcoin is gaining as its price remains above the moving average lines. The 21-day SMA is trending horizontally above the 50-day SMA, indicating an uptrend. The cryptocurrency price is trapped between the horizontal moving average lines on the 4-hour chart. It suggests a possible range-bound trend for the cryptocurrency.

Conclusion

The Ether price gains above the $3,000 support, although it is confined between the moving average lines on the 4-hour chart. The altcoin is currently trading above the $3,000 support but below the $3,320 high. The price has remained stagnant above the $3,100 support level.

On the upside, the upward trend will begin once it breaks above the 50-day SMA barrier. Meanwhile, the cryptocurrency signal remains range-bound above the $3,000 level.

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