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Ethereum Price Prediction Turns Bullish as ETH Clears $1,700

Key Insights:

  • Ethereum price prediction eyes $1,900 ETH rally.
  • ETH price now faces key resistance around $1,750 and $1,800.
  • ETF inflows and Binance withdrawals point to renewed demand.

Ethereum traded near $1,758 after rising 1.33% in 24 hours, closely tracking Bitcoin’s 1.27% gain. This Ethereum price prediction now centers on whether buyers can defend the $1,677 Fibonacci support and push the price toward $1,900.

The move follows renewed spot ETF inflows, heavy Binance withdrawal activity, and a rare monthly TD Sequential buy signal. A rare monthly TD Sequential buy signal also added weight to the bullish setup. Traders now watch $1,750 as the first major test for Ethereum’s recovery after weeks of selling pressure.

Ethereum Price Prediction Improves as ETH Holds $1,700

Ethereum reclaimed the $1,700 level on July 3 after gaining more than 6% in one session. The move pushed ETH back into a price zone that traders had watched after several weeks of weakness.

The latest Ethereum price prediction depends heavily on the $1,750 region. Market analyst Daan Crypto Trades identified this level as a key area for ETH to reclaim. He noted that the same zone had previously experienced a structural breakdown.

Ethereum price daily chart | Source: X
Ethereum price daily chart | Source: X

A clean move above $1,750 could show fresh strength. It may also open the way toward the $1,847 swing high. If buyers fail to hold the $1,677 Fibonacci support, the ETH price could pull back toward $1,580.

Ethereum also bounced from a double-bottom structure near $1,565. That setup helped stabilize sentiment after the asset recorded three straight red quarters for the first time since launch.

Rare Buy Signal Strengthens Ethereum Price Prediction

A rare monthly TD Sequential buy signal has now appeared on Ethereum’s chart. Analyst Ali Charts says the signal may point to seller exhaustion on a higher timeframe.

Ethereum monthly TD Sequential buy signal | Source: AliCharts on X
Ethereum monthly TD Sequential buy signal | Source: AliCharts on X

Past monthly buy signals appeared before strong Ethereum rallies in 2022 and 2025. Those historical moves drew attention from technical traders, although the signal does not confirm a new bull trend on its own.

The technical picture has improved, but confirmation remains limited. The MACD histogram moved into positive territory at 19.33. The MACD line also crossed above its signal line.

Still, both MACD lines remain below the zero mark. That shows the broader trend has not fully reversed. The RSI moved near 51.85, rising above its moving average and crossing the neutral 50 level.

ETH price now faces immediate resistance near $1,800. A liquidity pocket around $1,740 to $1,750 may continue pulling short-term price action. A stronger breakout would place $1,900 back on traders’ radar.

ETF Inflows and Binance Activity Drive ETH Price

Institutional demand helped support the latest Ethereum price prediction. U.S. spot Ethereum ETFs recorded $29.08 million in net inflows on July 2. BlackRock’s ETHA led the inflow activity with $29.74 million.

Grayscale’s ETHE, meanwhile, saw $2.75 million in outflows. Still, the combined ETF picture showed renewed interest after a difficult period for crypto funds. The two-day inflow total stood near $44 million.

Binance activity also showed major movement. CryptoQuant analyst Darkfost reported more than 166,000 ETH withdrawal transactions from Binance within 24 hours. That marked the highest count in three years.

Source: CryptoQuant
Source: CryptoQuant

Large withdrawal activity often suggests investor accumulation or movement into private custody. Yet the signal was not fully one-sided. According to Analyst PelinayPA, Binance ETH netflow stayed positive at 12,938 ETH.

That means more ETH entered Binance than left during the same period. As a result, selling pressure remains a risk if traders deposit coins to exit positions.

Derivatives data also showed rising speculation. Open interest climbed 10.64% to $24.54 billion. ETH trading volume rose 14.48% to $44.74 billion, while funding rates jumped 113.86%.

Institutional treasury buying added another layer of support. BitMine held more than 5.7 million ETH after buying 27,084 ETH. SharpLink also bought another 10,000 ETH worth $16.1 million during the recent decline.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Glory Kaburu
Glory Kaburu
Glory Kaburu is a crypto journalist with nearly six years of experience covering blockchain, digital assets, market analysis, price predictions, and Web3 news. Her work has appeared across Cryptopolitan, Crypto News Flash, ETHNews, CoinGape, and The Coin Republic. She holds a Bachelor of Education in English Literature and Linguistics from the University of Nairobi, supporting her strong research skills, industry knowledge, and careful reporting on topics that can influence readers’ financial decisions.