Why is ETHUSD up 5.63% today?

ETHUSD bounced from oversold conditions after a 38.1% monthly decline. Institutional buyers accumulated at depressed levels, and technical support at the day low of $2,041.04 held firm. Volume spiked to $16.9 billion, indicating renewed interest in Ethereum USD at current valuations.

What is the ETHUSD price forecast for 2026?

Meyka AI forecasts ETHUSD at $3,118.61 by year-end 2026, representing 49.5% upside from current levels. The quarterly target is $2,571.46, while the monthly forecast is $1,542.36. Longer-term targets reach $3,550.16 by 2031, reflecting confidence in Ethereum's fundamental value.

Where is ETHUSD resistance and support?

Primary resistance sits at the 50-day moving average of $2,815.83, followed by the 200-day average at $3,571.58. Support levels include the Bollinger Band lower at $2,771.08 and the year low of $1,383.26. The day high of $2,106.41 marks immediate resistance for the current bounce.

Is ETHUSD overbought or oversold?

ETHUSD is neither overbought nor oversold. The RSI at 49.07 sits in neutral territory, while the Stochastic %D at 72.13 suggests some short-term overbought conditions. The Williams %R at -56.58 indicates selling pressure remains, suggesting consolidation before a decisive breakout.

What volume levels matter for ETHUSD?

Current daily volume of $16.9 billion is 23x the 90-day average of $726.6 million, indicating strong institutional participation. Watch for sustained volume above $1 billion daily as confirmation of recovery. The relative volume at 0.79 suggests current trading remains below average intensity.

Crypto Insights

Ethereum USD Bounces 5.63% Daily—Can ETHUSD Reclaim $2,815 Resistance?

ByHuzaifa Zahoor February 16, 2026February 16, 2026

Ethereum USD (ETHUSD) is trading at $2,085.40 as of February 15, 2026, up 5.63% in the last 24 hours. The second-largest cryptocurrency by market cap has recovered from recent weakness, but faces a critical test at its 50-day moving average of $2,815.83. With a market cap of $246.9 billion and trading volume exceeding $16.9 billion daily, ETHUSD price action reflects broader market sentiment shifts. Understanding why ETHUSD is bouncing today requires examining technical levels, forecast targets, and the factors driving institutional and retail participation in Ethereum USD markets.