The post Ethereum Price Prediction: ETH Price Tests Key $3,000 Support Could Spur Short-Term Rally Toward $3,300-$3,400 appeared com. Ethereum (ETH) is showing signs of resilience as it stabilizes near the $3,000 support zone, which has historically acted as a pivot for price reversals. If this level continues to hold, ETH could experience renewed upward momentum toward $3,300-$3,400, though several risk factors could alter this trajectory. Traders and investors are closely monitoring Ethereum’s price action after the asset declined by approximately 1. 4% over the past 24 hours, currently trading at around $3,024. The $3,000-$3,050 zone aligns with the Fibonacci Golden Pocket, a technical area that has previously coincided with both short-term corrections and subsequent bullish reversals. Past reactions-such as the rebounds in March and August 2025-illustrate that buyers often step in near this level, supporting the idea that momentum could remain intact if market liquidity remains favorable. Technical Indicators: Signals and Context Ethereum’s technical setup presents mixed but cautiously bullish signals. On the daily ETH/BTC chart, a consolidation resembling a bull flag is forming, with the Relative Strength Index (RSI) recently climbing above 50, signaling a reduction in near-term bearish pressure. The MACD histogram also moved into positive territory, suggesting that momentum may be building. As of November 20, 2025, ETH trades around $3,045, with technical analysis and trader consensus projecting a short-term rally to $3,300-$3,400 before a potential corrective drop to $2,600. In this case, the current macro environment-characterized by moderate liquidity and relative stability in major cryptocurrencies-adds some weight to these signals, but they are not guarantees of upward movement. A projection from a professional cryptocurrency trader suggested that ETH could climb from $3,045 toward $3,300 before a corrective pullback to around $2,600. While illustrative of a possible.
