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Ethereum Price Prediction: Can ETH Reach $2,900 After BlackRock’s $135M Week?


Ethereum Price Prediction: Can ETH Reach $2,900 After BlackRock’s $135M Week?

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Spot Ethereum ETFs recorded $105M net inflows for the week of July 13 to 17, with BlackRock’s ETHA alone attracting $135M, implying net outflows at other ETFs but signaling increased crypto ETF adoption. ETH trades at $1,855.77 on July 20, down 0.81% but holding above the 20 day EMA, while technicals place the next major resistance at the 1.618 Fibonacci level of $2,908 and an analyst roadmap targets a 2026 new all time high with a $6,330 terminal price.

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  • Spot Ethereum ETFs recorded $105M in net inflows for the week of July 13-17, with BlackRock’s ETHA alone pulling $135M
  • A Fibonacci extension on the daily chart places the next major resistance at the 1.618 level of $2,908
  • Analyst Celal Kucuker’s weekly roadmap projects ETH printing a new all-time high in 2026, with $6,330 as the terminal target

Ethereum trades at $1,855.77 on July 20, down 0.81%, holding above the 20-day EMA after its first week of meaningful ETF inflows since the June breakdown. The daily chart now carries a Fibonacci extension framework with clearly defined targets, and a weekly roadmap from a closely followed analyst is mapping a path from current price to levels not seen since the 2021 bull market.

Fibonacci Levels Are Now The Roadmap For ETH’s Recovery

ETH 1D Price Action (Source: TradingView)

The daily chart shows ETH recovering from it…

Read The Full Article Ethereum Price Prediction: Can ETH Reach $2,900 After BlackRock’s $135M Week? On Coin Edition.

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