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CoinGape 2025-01-25 12:42:54

Can Ethereum Price Hit $4,000 Amid Bullish Signals? Key Levels and 2025 Forecasts

Ethereum price trades around $3,300 and continues to move sideways, following Bitcoin’s lead. However, the outlook is optimistic due to a few bullish signals that forecast an uptrend for ETH in 2025. Let’s explore key levels to watch based on technical and on-chain analysis. Ethereum Price Today As of January 25, 2025, Ethereum (ETH) trades at $3,300, marking a 0.50% surge in the past 24 hours. Despite the stagnation, the outlook remains bullish due to a few technical signals, including a golden cross (50-period SMA crossing above the 200-period EMA). Additionally, the bullish declining histograms below the zero line continue to recede, suggesting a decline in bearish momentum and a hint that bulls are ready to take over. Lastly, the Relative Strength Index (RSI) is also attempting to overcome the mean level of 50, indicating a resurgence of buying momentum. Key Levels to Watch While the chart forecast a bullish outlook due to technical indicators, here are some key levels investors need to keep an eye on. Resistance: $3,592, $3,975, $4,000, $4,069, $4,877, $5,863, $6,947. Support: $3,132, $3,057, $2,657, $2,341. ETH/USDT 1-day chart Technical Patterns Fuel Optimism While the technical and key levels are noted, let’s take a look at the daily Ethereum price chart to identify the formation of key patterns. Falling Wedge Connecting trend lines to the three lower highs and two lower lows reveals this setup, which forecasts a 17% move to $4,000. The contingency of this $4,000 target is that Ethereum price produces a daily candlestick close above the wedge’s upper trend line. Read more Elliot Wave Analysis Elliot Wave analysis forecasts that a bounce around $3,300 to $3,100 is likely. The resulting recovery rally could propel Ethereum price to a new all-time high of $7,000. Read more On-Chain Metrics & Whale Activity Although technical patterns, indicators and key levels provide a bias, it is better to confirm this initial bias with on-chain data. Whale Accumulation According to Santiment data , Ethereum’s Network added 180,000 new addresses this week, indicating renewed retail and institutional interest. Furthermore, futures data shows that open interest hit $65B, confirming the renewed interest. Expert Price Predictions for 2025 Tim Draper: $10,000 (VC optimism on DeFi growth) Standard Chartered: $12,000 (scalability upgrades + institutional demand) CoinGape Consensus: Average target $10,909 Other Catalysts Driving ETH’s 2025 Rally Pectra Upgrade: Streamlined transactions and enhanced security, targeting Q1 2025 rollout. ETF Inflows: BlackRock’s Ethereum ETF sees $23.9M inflows, mirroring Bitcoin’s 2024 trajectory. ETH Burn Mechanism: Vitalik’s scaling roadmap could burn 713K ETH/year, amplifying scarcity. To conclude, both the short and long-term outlook for Ethereum price remains bullish with a short-term target of $4,000. The long-term outlook based on Elliot Wave analysis suggests that $7,000 could be a new ATH. Expert opinion and CoinGape consensus based on expert price prediction hovers around $10,909. The post Can Ethereum Price Hit $4,000 Amid Bullish Signals? Key Levels and 2025 Forecasts appeared first on CoinGape .

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