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Ethereum may rally to $2,500 if trading volumes rise and it breaks its current flag pattern.

Technical Signals
05 Aug 2026
FXEmpire
View Source
Bullish
pluang ai news

Ethereum's price has stalled between $1,830 and $1,930 with trading volumes dropping nearly 50% since late July, reflecting market uncertainty amid macroeconomic concerns and lack of bullish news. A flag pattern has formed after a breakout above $1,800, suggesting a potential continuation of the rally if volumes increase and ETH breaks above $1,930. If this happens, Ethereum could reach $2,500 in the near term, surpassing its long-term trend and facing strong resistance along the way. However, current low volumes and neutral market sentiment mean the rally's strength remains uncertain.

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