$ETH Ethereum Price Forecast: Can Upgrades Offset Weakness in Momentum? ETH Bounces Back by 1.84%.
Ethereum (ETH) is trading at $3,029.65, which is below the 20-day moving average ($3,062.22), the 50-day moving average ($3,126.56), and the 200-day moving average ($3,572.89), indicating that short, medium, and long-term trends remain under selling pressure. The nearest dynamic support is the daily Kijun at $3,081.74, with resistance forming at the MA-50 ($3,126.56).
Ethereum developers have planned two major upgrades, "Glamsterdam" and "Hegota," for 2026 to enhance network security, reduce state bloat, and address transaction fees.
The Ethereum Foundation aims for provable 128-bit security for EVMs with zero knowledge by the end of 2026, with Verkle trees and state expiry intended to improve protocol efficiency.
Institutions and whales have increased their ETH transfers to exchanges, with over $600 million in net outflows from U.S. spot Ethereum ETFs in recent weeks.
