Ethereum traded near $2,980 to $2,985 as two widely shared charts pointed to a long-term uptrend and a key resistance zone. Analysts on X highlighted a $1,800 to $2,900 accumulation band and said a breakout could set the tone for 2026. Ethereum Long-Term Structure Points to Higher Targets A long-term Ethereum chart shared on X by Crypto Patel frames 2026 as a potential inflection year for the asset, based on multi-year price structure rather than short-term momentum. The chart uses a three-month ETHUSD view from TradingView and shows Ethereum trading inside a rising channel that has guided price action since the 2016–2017 cycle. At the time of the snapshot, Ether hovered near $2,980, remaining within the upper half of that channel. Ethereum Long Term Price Structure Chart. Source: TradingView/Crypto Patel The analysis highlights a broad accumulation range between roughly $1,800 and $2,900. This zone overlaps with prior resistance from earlier cycles that later flipped into support, a pattern commonly seen in long-term market structure. The chart marks this area as both “strong support” and an “accumulation zone,” suggesting sustained positioning rather than reactive buying during sharp moves. From a structural view, Ethereum has continued to print higher lows across multiple cycles, even after deep drawdowns in 2018 and 2022. Price compressions inside the rising channel appear followed by expansions toward the upper boundary. Based on this rhythm, the projection path on the chart outlines a stair-step advance, with pauses and pullbacks, rather than a straight-line move. The upper target band on the chart places $10,000 as a potential cycle objective if Ethereum follows its historical channel behavior into 2026. Beyond that, longer-term extensions toward the $20,000 to $30,000 region sit near higher channel resistance levels projected into the early 2030s. These levels align with long-dated horizontal reference lines drawn from prior macro highs and extensions. Ethereum Near $3,000 as Long-Term Trendline Stays Intact A chart shared on X by StockTrader Max shows Ethereum trading just under $3,000, with price still riding a rising support line that has held since the 2018 low. At the time of the snapshot, ETH sat near $2,985 after a strong green candle, keeping the broader uptrend structure in place. Ethereum Long-Term Uptrend Chart. Source: TradingView, StockTrader Max The chart also marks a flat resistance band near prior cycle highs. Ethereum has tested that zone more than once, then pulled back into the rising structure. That keeps the market in a tight decision area where buyers defend higher lows while sellers lean on the same ceiling. Two moving averages on the chart cluster around current price, showing a market that is not stretched in either direction. The drawn projection points higher into 2026, but it depends on Ethereum clearing the overhead band while staying above the long-term trendline.
