Ethereum Price Prediction: Signs Point to a Potential Bullish Reversal Ahead

Ethereum is entering a phase where a bullish reversal appears increasingly likely, both from a technical and statistical perspective. After months of corrective price action, ETH price has compressed into a structure that historically precedes volatility expansion. This type of consolidation often marks the transition from a bearish trend to a more constructive market phase, making Ethereum a key asset to watch in the crypto market right now.

Technically, Ethereum is trading within a rising, wedge-like recovery channel following a sharp sell-off. Price action shows ETH holding firmly above a rising trendline while testing descending moving averages from below. Although buyers are not yet aggressive, sellers have clearly lost momentum, as repeated attempts to push ETH lower have failed. This balance typically resolves to the upside once confidence gradually shifts back to buyers.

One of the most notable signals is the behavior of the 200-day moving average. While still above the current ETH price, it has flattened rather than continuing its downward slope. This flattening suggests that long-term selling pressure is largely exhausted, a condition that often precedes trend reversals in Ethereum price cycles.

Momentum indicators further support this outlook. The Relative Strength Index (RSI) is consistently holding in neutral territory instead of dropping into oversold levels. In strong bearish conditions, RSI usually fails to remain above 40, but Ethereum is now maintaining that level, signaling weakening seller control. Each dip is being absorbed faster, with reduced downside follow-through.

From a broader crypto market perspective, Bitcoin absorbed much of the systemic selling pressure, while Ethereum had already corrected significantly from its local highs. This relative underperformance historically increases the likelihood of ETH outperforming during the next bullish phase, as capital rotation favors lagging large-cap assets.

This setup does not guarantee an immediate rally, but it strongly suggests Ethereum is shifting from distribution into accumulation. A decisive move reclaiming the $3,300–$3,400 range would confirm this transition and potentially mark the start of a stronger bullish trend for ETH price in the coming weeks.