Ethereum Price Prediction: Market Watches Key Support Levels

Ethereum Price Prediction and Exchange Factors Shaping 2026

ETH traded near the $3,180 area after weeks of sharp movement across major exchanges. Data from two different market analysis sites recorded wide swings across November and early December. Both charts showed rapid declines followed by steady recoveries that shaped the current sentiment around the asset. This movement formed the base of ongoing discussions linked to the coin’s cost analysis outlook.

The month opened with ETH above $3,300 before sellers drove the cost toward the $2,800 region. The charts also recorded a rebound from that level as buyers increased activity. This shift created a short-term range that analysts continue to track. TradingView and CoinMarketCap displayed almost identical structures in their one-month views. These chart patterns now guide broader interest around the coin’s cost forecast trend for graph watchers.

Coin Movements and Key Support Levels

TradingView recorded a decline from the $3,500 area toward the $2,700 zone. The candles formed lower highs and lower lows, which shaped a defined downtrend throughout November. ETH later recovered from the $2,700 level, which pushed the present market structure closer to $3,180. These levels remain part of the wider crypto value forecast narrative for traders following liquidity movements.

Source: TradingView

CoinMarketCap data also showed a one-month drop of more than 4%. Volume fell by more than 20% during the same period. The flowchart displayed several attempts to reclaim $3,300 before each pullback. These movements built short-term resistance around $3,250 and $3,350. Support formed near $3,050 and again at $2,800. These zones now serve as markers for the Ether value analysis range that analysts continue to observe.

Source: CoinMarketCap

Market Sentiment and Ongoing Recovery Attempts

The December bounce created higher lows on both graphs. This pattern showed stronger activity from buyers near the bottom of the range. People now monitor the $3,250 zone, which acts as the next direction point for the cryptocurrency. A move above that level would give buyers more control over short-term movement linked to the ongoing Ether value examination discussions.

Both graphs also took note of repeated attempts to move beyond mid-range resistance area. These flows shaped the broader view around Ethereum price prediction 2026, as they reflect how Ether reacts to pressure zones on the chart. The quiet news cycle kept most traders focused on technical structures instead of external events.

Outlook Based on Current Chart Structure

ETH trades between support near $2,800 and resistance close to $3,350. Traders continue to track these zones while assessing the next stage of the trend. The structures on these different charts appear aligned, which makes these levels a strong reference point for the current Ethereum Price Prediction landscape.