Updated: 2026-05-28
- This week, the ETH price continued to decline, losing the $2,000 support level.
- Standard Chartered analysts still forecast эфириум $40,000 in 2030.
For the last week эфириум The price fell by 6%, but Standard Chartered analysts maintained their aggressive long-term forecast for the altcoin. They expect the asset’s price to rise to $4,000 in 2026 and to $40,000 by 2030.
Jeff Kendrick, head of digital asset research at the bank, compared the current Ethereum market structure to the situation at Amazon in the early 2000s, during the tech crisis. He believes the altcoin’s internal ecosystem continues to improve, despite the ongoing price decline.
Network activity and total ETH value locked remain at record highs, according to Coinglass. In this regard, Kendrick suggested that the gap between price dynamics and network growth could narrow as market sentiment improves.
Meanwhile, technical indicators point to a bearish trend. The Directional Movement Index (DMI) showed that the negative line has sharply risen above the positive line. The Average Directional Movement Index (ADMI) has strengthened, indicating a strengthening downtrend. The nearest support is in the range of $1,970 to $1,950. If the bearish trend intensifies, the leading Altcoyin may test the psychologically important $1,900 level. Therefore, further selling pressure could lead to a deeper decline to $1,800.
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