What Drives ETHGas (GWEI) Price in 2026? Key Factors Explained

ETHGas Listing Date Today on Bithumb: What Analysts Predict For $GWEI?

On 21 January 2026, ETH Gas (GWEI) made a strong debut across Binance Alpha, Kucoin, Bitget, MEXC, and other major exchanges.

Soon after, Bithumb announced a Korean won trading pair for ETHGAS, sparking excitement.

Could this momentum push $GWEI to new highs, or will it remain range-bound? Investors and traders are closely watching as price action shows early signs of bullish activity.

Short-Term Price Outlook: $0.030–$0.036

Analyzing the 4-hour chart, the token is currently consolidating after experiencing a sharp spike in late January. Over the past three weeks, $GWEI has mostly traded between $0.025 and $0.035, with brief intraday spikes touching $0.040. Technical indicators suggest mild bullish momentum.

The Relative Strength Index (RSI) sits around 56, signaling that there is still room for upward movement before overbought conditions occur. Meanwhile, the MACD line is slightly above the signal line, hinting at potential near-term gains.

In this short-term scenario, ETHGAS is expected to remain range-bound between $0.030 and $0.036. Traders should remain cautious and consider stop-loss zones around $0.028. Volume surges in the coming days could act as a catalyst for the next price breakout.

Mid-Term Price Prediction: $0.045–$0.048

Looking ahead over the next 2–4 weeks, a sustained breakout above $0.036–$0.037 accompanied by strong trading volume may push ETHGAS toward the $0.045–$0.048 range.

Conversely, repeated rejections at the $0.036 resistance level could result in a retracement back to $0.025–$0.028, providing opportunities for short-term buyers and swing traders.

Long-Term Forecast: Could $0.05 Be Next?

If bullish momentum continues and accumulation persists across exchanges, ETHGAS could potentially reach $0.05 over the longer term. 

However, failure to breach the $0.036 resistance consistently may keep the token trapped in its current $0.025–$0.036 trading channel. 

Monitoring both trading volume and confirmed breakouts will be key for anticipating the next major move.

Disclaimer:

This content is for educational purposes only and not financial advice. Cryptocurrency investments involve high risk. Always perform your own research before making financial decisions.