ETHEREUM PRICE FORECAST: ETH TRADES AROUND $3,110 WITH $5.5B STAKING QUEUE FUELING BREAKOUT HOPES

Ethereum is hovering around $3,110, posting a modest 0.5% gain over the past 24 hours, as its price moves within a narrow consolidation range. Daily trading volume is close to $6.5 billion, while Ethereum remains the second-largest cryptocurrency, with a market capitalization of roughly $375 billion.

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At first glance, the price action appears calm. However, a closer look at the chart suggests a more meaningful setup may be developing beneath the surface.

Since late December, Ethereum has continued to form higher lows, consistently staying above an upward-sloping trendline. Despite multiple attempts by sellers to push prices lower, ETH has defended key support levels. This pattern often points to steady accumulation rather than weakness, especially when the price holds firm instead of breaking down.

With staking queues now exceeding $5.5 billion and price compressing above support, the setup is increasingly aligning with a potential move toward the $3,300 area if bullish momentum builds.

Rising Staking Queue Points to Tighter ETH Supply

On-chain data is strengthening the bullish case for Ethereum. According to ValidatorQueue figures, the Beacon Chain staking entry queue has climbed to 1.759 million ETH, worth about $5.5 billion. This marks the highest level seen since August 2023.

New validators now face a waiting period of over 30 days before activation. Meanwhile, the exit queue has dropped to zero, signaling that existing stakers are not rushing to withdraw. Simply put, more ETH is lining up to be locked away, while none is moving out. This shift reduces the amount of ETH available for trading just as price action tightens near key resistance levels.

Ethereum Price Prediction: Technical Setup Shows Growing Pressure

From a technical standpoint, Ethereum’s price structure is becoming increasingly compressed. ETH is trading between a rising trendline and a narrowing range formed by the 50-day and 100-day exponential moving averages, both flattening near $3,110.

This type of price convergence often appears before a period of heightened volatility. Momentum indicators support the setup as well. The Relative Strength Index (RSI) has rebounded from oversold territory and is now holding above 55, suggesting improving bullish momentum without signaling excessive buying.

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Recent candlestick patterns also show repeated long lower wicks around the $3,050–$3,070 range, highlighting steady buying interest and early dip accumulation rather than aggressive selling.

Ethereum Trade Outlook Depends on a $3,180 Breakout

From a trading perspective, the next key test lies at $3,180. A sustained close above this level would likely confirm a breakout, opening the door for a move toward $3,250, followed by a potential retest of the $3,300 zone.

If buying momentum strengthens further, extended targets in the $3,380–$3,420 range become technically plausible. For now, the setup favors patience, with confirmation at resistance carrying more weight than early speculation.

As staking demand continues to rise and price action remains tightly coiled, Ethereum is beginning to look less like a market losing momentum and more like one preparing for its next growth phase.

Maxi Doge Presale Gains Attention Through Community Focus

Alongside major crypto assets, newer projects are also attracting interest. Maxi Doge is emerging as one of the more active meme coin presales this year, having already raised over $4.43 million.

Rather than relying solely on viral appeal, Maxi Doge emphasizes community participation. The project regularly hosts ROI competitions, challenges, and interactive events aimed at keeping engagement high throughout the presale. Its leverage-inspired mascot and fitness-themed branding help differentiate it in the crowded meme coin space.

The $MAXI token also features a staking system that offers daily smart-contract rewards. Stakers receive access to exclusive competitions and partner events, adding a passive earning element while encouraging longer-term involvement.

Currently priced at $0.0002775, $MAXI is nearing its next planned presale price increase. With growing momentum and an active community, Maxi Doge is positioning itself as a meme project focused on sustained participation rather than short-lived hype.