{"id":128228,"date":"2026-01-19T15:00:41","date_gmt":"2026-01-19T15:00:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=128228"},"modified":"2026-01-19T15:00:41","modified_gmt":"2026-01-19T15:00:41","slug":"ethereum-price-analysis-what-comes-next-for-eth-after-rejection-at-3-4k","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=128228","title":{"rendered":"Ethereum Price Analysis: What Comes Next for ETH After Rejection at $3.4K?"},"content":{"rendered":"

Ethereum is trading in a constructive but still corrective phase, with the price holding above the main higher-timeframe demand zones while encountering persistent supply under the declining daily moving averages.<\/p>\n

The broader structure suggests that the aggressive selloff from the highs has transitioned into a basing and mean-reversion phase rather than a completed bullish reversal, while on-chain activity points to gradually improving participation rather than euphoric risk-taking.<\/p>\n

Ethereum Price Analysis: The Daily Chart<\/h2>\n

On the daily timeframe, ETH continues to oscillate around the declining 100-day moving average while also remaining below the 200-day moving average, placing the asset in a corrective regime. Yet, the asset has repeatedly respected the $2,700 region as the primary demand zone, with a deeper structural floor around the $2,100\u2013$2,300 range. The market is now pressing into the $3,500 resistance band that previously acted as a distribution zone.<\/p>\n

As long as the $2,700 support area holds on closing basis, the medium-term structure can be interpreted as a large consolidation within a longer-term bullish trend, but the absence of a decisive reclaim of the daily 100-day and 200-day moving averages and the overhead supply zone reinforces the view that this is still a recovery leg inside a wider range rather than the start of an impulsive trend expansion.<\/p>\n

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ETH\/USDT 4-Hour Chart<\/h2>\n

The 4-hour chart shows a clear sequence of higher lows since the December drop, forming a rounded accumulation pattern with the most recent swing low anchored in the $3,000 area. The price has been rotating between this support level and the resistance zone in the $3,300\u2013$3,400 range, where sellers once again capped the latest advance and triggered a pullback in the past 24 hours.<\/p>\n

As long as the market respects the curved higher-low structure and holds above the $3,000 region, the short-term configuration continues to favour another attempt at the $3,300\u2013$3,400 supply cluster. Meanwhile, a sustained break below the $3,000 level would signal that the corrective leg is extending and reopen the path toward the critical $2,800 support zone.<\/p>\n

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On-Chain Analysis<\/h2>\n

On-chain, the total Ethereum transaction count and its 30-day EMA are trending higher and are now showing values above 2 million, even though the price remains below the previous cycle peak.<\/p>\n

This divergence between rising transactional activity and a still-recovering price profile is consistent with a backdrop of rebuilding fundamental demand: network usage is increasing while price has not yet fully reflected that improvement, a configuration often associated with early or mid-stage phases of a new growth leg.<\/p>\n

At the same time, elevated transaction counts near resistance can coincide with periods of heightened rotation and short-term profit-taking, so confirmation in the form of a sustained reclaim above the $3,400 resistance band would be required before this on-chain strength can be treated as validation of a fully re-established bullish trend.<\/p>\n

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\u00a0<\/p>\n

The post Ethereum Price Analysis: What Comes Next for ETH After Rejection at $3.4K?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum is trading in a constructive but still corrective phase, with the price holding above the main higher-timeframe demand zones while encountering persistent supply under the declining daily moving averages. The broader structure suggests that the aggressive selloff from the highs has transitioned into a basing and mean-reversion phase rather than a completed bullish reversal, […]<\/p>\n","protected":false},"author":0,"featured_media":128229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-128228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128228"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128228"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128228\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/128229"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}