Ethereum $ETH is experiencing a strong rebound, trading around $3,326 on January 14, 2026, after a period of sideways consolidation near $3,100. This marks a roughly 6-7% gain in the last 24 hours amid renewed buying interest.
Current Price Action
Ethereum closed higher today at approximately $3,326.79, with a daily high of $3,326.79 and volume exceeding $28 billion. Over the past two weeks, ETH rose from around $3,000 on January 1 to current levels, reflecting a 10%+ increase despite earlier dips. Trading volume remains robust at over $36 billion in the last day, signaling active market participation.
Technical Levels
Key support holds at $3,000 and $2,800, where buyers have defended previously, while resistance sits at $3,300-$3,400. The price broke above a descending trendline recently, supported by Ichimoku cloud confirmation, pointing to potential bullish momentum if $3,300 clears. Sideways action post-decline from $4,700 highs suggests selling pressure easing ahead of a possible breakout.
Key News Drivers
Standard Chartered forecasts 2026 as Ethereum's year, citing dominance in stablecoins, DeFi, and tokenized assets, with a revised end-2026 target of $7,500 and $40,000 by 2030. Upcoming upgrades like Glamsterdam in H1 2026 will boost scaling and throughput by 10x, enhancing network efficiency. Positive ETF inflows over $5 million and potential U.S. CLARITY Act passage on January 15 could further catalyze gains.
Trading Outlook
For traders in India, $ETH trades around ₹56,300 on local exchanges like CoinDCX, up sharply today. Short-term targets eye $3,500 if momentum holds, but watch $3,000 support amid broader crypto volatility. Long-term, network improvements position ETH for outperformance versus Bitcoin. #MarketRebound #ETH🔥🔥🔥🔥🔥🔥 #ETH
Bitcoin $BTC is trading around 87,600–87,900 USD today, roughly 30% below its October all‑time high near 126,000 USD, and sentiment across crypto is currently cautious to bearish. #BTC #USGDPUpdate #Binanceholdermmt