ETH Price Prediction: Ethereum Targets $2,200-$2,400 Range by May 2026

Ethereum (ETH) is trading around $2,036, showing neutral momentum as technical indicators point to a potential breakout if key resistance near $2,105 is cleared in the coming weeks. Analysts also highlight a constructive medium-term setup that could open the door to a move toward the $2,200–$2,400 range.

ETH price targets and key levels

• Short-term target (1 week): $2,070–$2,105
• Medium-term forecast (1 month): $2,200–$2,400
• Bullish breakout level: $2,105
• Critical support: $1,994

What analysts are saying

Standard Chartered’s Global Head of Digital Assets Research, Milk Road (@MilkRoad), cited a long-term outlook of “$500K Bitcoin by 2030 and $40K Ethereum by 2030,” describing it as “massive outperformance.” The projection implies roughly a 20x gain from current levels, or about $40,000 ETH by 2030.

Separately, CoinCodex data suggested Ethereum could reach $3,357 by early January, though the article notes that current price action has moderated those expectations. On-chain data platforms cited in the article indicate Ethereum’s network fundamentals remain robust despite recent price consolidation.

Technical analysis: momentum, volatility, and trend

Current price and daily change: ETH is at $2,036.73, down 0.76% over the past 24 hours.

RSI and MACD

• RSI (46.20): Neutral momentum, suggesting ETH is neither overbought nor oversold and may be positioned for a larger directional move.
• MACD: Bearish momentum with the histogram at 0.0000, indicating the recent downtrend may be losing steam as MACD lines converge.

Bollinger Bands

Bollinger Bands show ETH positioned at 0.31, closer to the lower band at $1,936.95 than the upper band at $2,256.94. With the middle band at $2,096.95, the article suggests there is room for upward movement within the current volatility range.

Moving averages

• SMA 7: $2,069 (ETH trading below)
• SMA 20: $2,096 (ETH trading below)
• SMA 50: $2,045 (ETH trading above)
• SMA 200: $2,993 (noted as far above, implying the longer-term uptrend remains intact despite consolidation)

Bull vs. bear scenarios

Bullish scenario

The article identifies a resistance cluster between $2,071 and $2,105. A decisive break above $2,105 would likely shift momentum toward the $2,200–$2,400 range. It also notes that reclaiming $2,200 could set up a test of the Bollinger Band upper boundary near $2,257, with $2,400 described as the next major psychological level.

For bullish confirmation, the article points to: RSI moving above 50, the MACD histogram turning positive, and sustained volume above the recent average of $203 million on Binance.

Bearish scenario

Downside risk centers on the critical support zone at $1,993–$2,015. If ETH breaks below this area, the article says it could test the Bollinger Band lower boundary near $1,937. Additional bearish confirmation would come if ETH fails to hold above the SMA 50 at $2,045, potentially triggering algorithmic selling pressure.

In that case, the forecast would target $1,900–$1,950, representing an estimated 6–8% decline from current levels.

Entry strategy and risk management

The article recommends a measured accumulation approach rather than aggressive buying, citing neutral RSI and proximity to support as factors supporting more controlled entries.

• Primary entry zone: $2,015–$2,030
• Aggressive entry: $1,995–$2,010
• Conservative entry: $2,070–$2,080 (breakout confirmation)

Stop-loss placement is suggested to account for a daily ATR of $89.42, with stops below $1,980 for positions entered near current levels. The article frames this as roughly 3% downside protection while allowing for normal volatility. It also notes that position sizing should consider potential 10–15% swings, consistent with Ethereum’s current trading patterns.

Outlook

Overall, the article presents cautious optimism: neutral momentum but a constructive setup that could support a move toward $2,200–$2,400 over the coming month, corresponding to an estimated 8–18% upside potential. The bullish case depends heavily on breaking resistance at $2,105, while $1,994 is highlighted as a key support level for risk management.

Disclaimer: Cryptocurrency price predictions involve substantial risk and volatility. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.