Crypto Analyst Underlines Possible ETH Price High After Revised Monthly Projection

TheNewsCryptoPublished on 2026-01-22Last updated on 2026-01-22

Abstract

A crypto analyst, Ted Pillows, states that the ETH price could reach a new high if it successfully reclaims the $3,000 to $3,050 zone, potentially pushing towards $3,200. However, failure to do so might result in yearly lows. Currently, ETH is trading at $3,011.10, up 2.06% in 24 hours, with its recent surge partly attributed to the withdrawal of European tariffs by former US President Donald Trump. Revised projections estimate ETH could rise to $3,323.89 in the next 5 days and $3,372.40 in one month, reflecting increases of 10.49% and 12.11%, respectively. The broader crypto market, including BTC and BNB, also shows positive momentum.

A crypto analyst has stated that the ETH price could be pushed to a new high, provided it reclaims the required margin. He has said that an alternative scenario could see ETH dip to yearly lows. This comes at a time when the token is attempting to recover from recent hits, given that US President Donald Trump has withdrawn European tariffs now.

Probably ETH Price High

Ted Pillows, a notable crypto analyst, has said that ETH is trying to reclaim the $3k level, adding that a $3,200 zone could happen. However, the ETH price must first reclaim a margin between $3,000 and $3,050.

Ted Pillows has called out an alternative scenario where Ethereum tokens could note yearly lows if they don’t reclaim the zone. This comes days after he pointed out the Bloody Monday Factor, which possibly led to significant losses earlier this week. A few community members who commented on the post are hoping for a positive weekly close.

Surge in ETH Price

The ETH price has surged over the last 24 hours. It is now trading at $3,011.10, up by 2.06%. This is also a jump of 1.62% on a monthly basis. The 24-hour trading volume of the token has reached $33.33 billion after climbing 12.34%. Ether peaked at $4,953.73 on August 25, 2025. It is now down by 39.34% from that value.

The current jump in the ETH price is credited to the withdrawal of European tariffs by Trump, among many other factors. The US President announced that negotiations will continue, but talks so far don’t require him to impose tariffs on eight European countries – something that he was planning to put into effect from February 01, 2026.

Revised ETH Price Projection

The ETH price projection has been revised to show how its movement could reflect consolidation in the next 1 month. The token is estimated to reach $3,323.89 in the next 5 days and $3,372.40 in the next 1 month from this day. This would be a rise of 10.49% and 12.11% amid the medium volatility of 4.28%, respectively.

A surge in the ETH price could also be associated with a rise across the crypto market. For instance, BTC is up by 0.76% in 24 hours and BNB by 2.31% during the same timeline.

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