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Ethereum's monthly buy signals revive $3,000 price target amid rising ETF inflows and key $2,000 resistance test.

Technical Signals
08 Aug 2026
Blockonomi
View Source
Bullish
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Ethereum's monthly TD Sequential indicator has flashed two buy signals, suggesting a potential rise toward the $3,000 price target, which would require an 85% increase from the current $1,625 level. Analysts highlight $2,000 as the immediate technical hurdle, with a sustained break above this level possibly exposing resistance zones between $2,300 and $2,600. Meanwhile, U.S. spot Ethereum ETFs have seen net inflows of about $255.6 million recently, adding institutional support to the market. Lower volatility and these technical signals have led to more bullish Ethereum price forecasts, but confirmation depends on overcoming key resistance levels first.

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