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Ethereum price may reach $2,650 this month as traders stay bullish despite recent market pullback.

Market News
26 Aug 2026
Coingape
View Source
Bullish
pluang ai news

Traders on the prediction platform Kalshi forecast that Ethereum's price could climb to $2,650 before the end of August, following a recent 20% weekly price increase that pushed Ether past $2,400. Despite some cooling momentum and a broader cryptocurrency market decline, investor confidence remains strong, supported by $179.8 million inflows into Ethereum spot ETFs led by BlackRock. Key resistance at $2,500 must be overcome for further gains, with support at $2,350 critical to maintaining the bullish trend. If Ethereum fails to hold above $2,350, prices could drop to $2,000 or even $1,800.

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