Can Ethereum Price Still Hit $7,600 In 2026? Here Are The Odds

2 hours ago

Ethereum’s outlook for 2026 has go progressively contested aft the most caller downturn in the full crypto market. Earlier this year, probe from Standard Chartered suggested that Ethereum could extremity 2026 adjacent $7,500, a people that implies important upside from existent levels. However, caller terms action, with ETH languishing astir $2,000 and lacking wide bullish momentum, puts specified projections against a precise antithetic realistic outlook.

Standard Chartered’s Ethereum Long-Term View

In a January probe note, Standard Chartered’s integer assets team trimmed its medium-term outlook for Ethereum portion keeping a highly optimistic imaginativeness for the years ahead. The slope present sees ether closing 2026 adjacent $7,500, down from an earlier forecast of astir $12,000, and expects the plus to ascent to $15,000 successful 2027, $22,000 successful 2028, and yet $40,000 by the extremity of 2030.

According to the note, the alteration is owed to anemic show from Bitcoin dragging broader dollar-denominated crypto valuations, adjacent arsenic the slope pointed to Ethereum’s strengths successful stablecoins, decentralized finance, and tokenized assets arsenic positives to clasp connected to.

In the probe note, integer assets expert Geoff Kendrick noted that 2026 is important not conscionable for terms but besides for Ethereum’s show comparative to bitcoin. Therefore, the astir important happening for gains is a rebound successful the ETH/BTC ratio to levels past seen successful 2021.

The Odds – Current Price Action Against Bullish Case

The way from astir $2,000 to the mid-$7,000s looks precise pugnacious compared to what it was astatine the commencement of the year. This, successful turn, has seen the likelihood of the Ethereum terms reaching $7,500 trim drastically. Ethereum started 2026 connected a bully foot, with a rally to $3,370 successful the archetypal 2 weeks of the year. Notably, it failed to prolong this rally and has since fallen by astir 40% successful the past 30 days.

As it stands, Ethereum is present trading astir $2,000, and the terms has repeatedly failed to adjacent convincingly supra the $2,100-$2,150 portion successful caller sessions. Although the starring altcoin is present backmost to trading supra $2,000 aft a interruption beneath during past week’s sell-offs, bulls are yet to found immoderate control of terms momentum.

On-chain information besides shows the transportation enactment surrounding Ethereum is pointing to elevated accent conditions. Fortunately for bullish traders, it is inactive excessively aboriginal successful the twelvemonth to regularisation retired the anticipation of Ethereum trading astatine $7,500 successful 2026. Several things would request to alteration for an result adjacent to Standard Chartered’s 2026 estimation to go plausible. One of them is the instrumentality of demand and dependable inflows into Spot Ethereum ETFs.

At the clip of writing, Ethereum is trading astatine $2,025. Right now, the cryptocurrency needs to wide the $2,150 absorption and clasp supra it successful bid to proceed the dependable propulsion up.