Ethereum Price Prediction: Charts Point to $2,679 Before Sellers Pounce

The Ethereum price prediction everyone keeps arguing about this week comes down to two charts telling roughly the same story with different hand signals. One says sell the rip below $2,400. The other says let it run to $2,679 and then sell the rip. Either way, the word missing from both setups is breakout.

Why the $2,400 Rejection Still Haunts the Chart

Ethereum walked right up to the $2,400 shelf, knocked twice, and walked away. That is the honest read of the 2-day chart posted by analyst Ted Pillows on Friday. Buyers never confirmed strength above the level. Sellers never relinquished it. So the structure that was weak before the test is still weak after it.

The Ethereum $2,400 rejection matters because it sits directly below a band traders have been defending since the February breakdown. Reclaiming it would have flipped the short-term bias. Failing it, which is what actually happened, kept ETH trapped inside the same messy recovery zone it has been stuck in for weeks.

The closest support sits at $2,250. That is the line that matters now. Hold it and a second attempt at $2,400 becomes the play, with $2,624 and $2,780 as the stretch targets above. Lose it and the chart opens air all the way down to the $1,800 green zone, a level nobody holding ETH wants to revisit.

Ethereum must defend $2,250 and reclaim $2,400 to improve the short-term outlook. Until then, the chart remains fragile.

Can Ethereum Actually Reach the $2,679 Target?

What the Elliott Wave setup says about ETH's next move

Short answer: yes, the math allows it. The longer answer is that reaching the level and breaking through it are not the same trade. Analyst More Crypto Online laid out a 4-day chart pointing to $2,679 as the 100% extension target for wave C of the current recovery. It is the headline number everyone is quoting this week. It is also sitting inside a resistance band that begins around $2,605 and stretches higher along the Fibonacci grid.

The Ethereum $2,679 price target is not a casual call. It is tied to a descending yellow trendline that has capped price action since late 2025. ETH has respected that trendline through multiple bounces, which is why the projected encounter with it carries weight. Price is climbing inside an upward sloping structure, rebounding from the February low, and the collision point with that trendline happens to line up with the wave C extension.

In plain trader terms: the move up is not free. It is a countertrend rally inside a larger weak structure, not a confirmed breakout. That distinction is the whole story.

The Wave C Math and What Sits Above $2,679

The Ethereum Elliott Wave wave C target is the shiny headline, but the layered resistance above it is what traders should actually be mapping. If ETH punches through $2,679 without stalling, the next marked levels stack up quickly: $2,893, then $3,031, then $3,275, capped at $3,332. Each of those is a Fibonacci extension, not a random pick.

Here is the catch. The structure rising from the February low looks like a classic A-B-C formation. Wave C is advancing. A-B-C formations are corrective patterns. They are rebounds inside a broader downtrend, not reversals of one. The chart does not care what anyone wants it to be.

That is why reaching $2,679 could just as easily be the top of this leg as the launchpad for the next one. Sellers sitting on that band will need a reason to step aside, and a corrective wave touching its measured target is historically the opposite of that reason.

• $2,605 to $2,679, the lower edge of the resistance zone, main sell-side battle line
• $2,893, first Fibonacci extension above the wave C target
• $3,031, second extension, often a reaction level
• $3,275 and $3,332, upper band, only relevant if the yellow trendline breaks cleanly

ETH Is Still Weaker Than Bitcoin, and That Matters

The uncomfortable part of every Ethereum chart right now is the relative performance story. ETH/BTC has not confirmed a trend reversal. What it shows instead is a bounce inside a broader weak structure, the kind of chart that historically underperforms when Bitcoin itself goes through a shake. Even a modest BTC correction tends to weigh more heavily on Ethereum than on Bitcoin itself, because the weaker asset loses buyers first when risk comes off.

That is the asymmetry nobody in the bullish camp wants to sit with. If Bitcoin stalls at a resistance of its own, ETH does not get to run alone. It has not earned that yet. Every leg up on the recent ETH chart has been a function of broader risk appetite, not of Ethereum-specific demand, and the on-chain activity readings back that up.

So the $2,679 target is conditional. Not on Ethereum. On Bitcoin behaving itself long enough for ETH to make the trip.

The Two Scenarios Traders Are Actually Pricing

Forget the headline number for a moment. Traders are watching two concrete branches. Branch one: ETH holds $2,250, reclaims $2,400, and grinds into the $2,605 to $2,679 band where it faces the real decision. Branch two: ETH loses $2,250 and the entire recovery thesis unwinds toward $1,800, which would be the deepest retest since the February low.

Both branches start at the same place, which is the next 48 to 72 hours of price action around the $2,400 rejection level. A clean reclaim flips the bias. A second failed attempt confirms the sellers' control. There is very little room for a middle outcome.

The editorial read, for what it is worth: a wave C that has not yet reached its target is not a sell signal. It is a wait signal. The trade is at $2,679, not here. Anyone front-running that level is front-running a resistance the chart has not even touched yet.

What Would Actually Flip the Trend?

A real reversal needs more than a tag of $2,679. It needs a daily close above the yellow descending trendline, followed by a successful retest of that trendline as support, followed by a break above $2,893 on rising volume. That is three conditions, not one. Anything less is still a countertrend rally, no matter how loud the charts get on Twitter.

Until those boxes are checked, the setup stays exactly what More Crypto Online and Ted Pillows both described it as, in different words: a test of resistance inside a weak structure. Respect the level. Do not marry it.