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Reading: Ethereum (ETH) Price Analysis for January 1
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Your Crypto News Today > News > Crypto > Ethereum > Ethereum (ETH) Price Analysis for January 1
Ethereum

Ethereum (ETH) Price Analysis for January 1

January 7, 2026 1 Min Read
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Sellers are dominating over patrons firstly of 2026, in accordance with CoinStats.

Article image

ETH/USD

The speed of Ethereum (ETH) has fallen by 1% since yesterday.

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On the hourly chart, the value of ETH is in the course of the native channel between the help at $2,971 and the resistance at $2,993. As neither aspect is dominating, there are low probabilities to see sharp strikes by tomorrow.

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On the larger timeframe, the state of affairs is analogous. The amount retains taking place, which suggests the speed of the primary altcoin has not amassed sufficient power but.

On this case, sideways buying and selling within the vary of $2,950-$3,050 is the extra seemingly state of affairs over the subsequent days.

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From the midterm viewpoint, the value of ETH is buying and selling throughout the earlier bar, confirming the absence of bulls’ and bears’ power. All in all, merchants are unlikely to see elevated volatility quickly.

Ethereum is buying and selling at $2,984 at press time.

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