Ethereum Eyes $4,800 as Final Barrier Before Potential Breakout Rally

Ethereum trades at $4,215, reclaiming $4K support with $4,800 as the next key resistance before price discovery.

A breakout from the descending wedge projects ETH targets of $6,500–$7,000 if bullish momentum continues.

Long term trendline and $1,600–$2,400 accumulation zone supports Ethereum structural bullish framework.

Ethereum has established a strong upward move, reclaiming key levels that traders view as key for sustained bullish momentum. At the time of writing, ETH was trading at $4,309, rising by 3.38% staying above the $4,000 resistance turned support

Analysts say that $4,800 is the final technical barrier before Ethereum can enter new price levels. This level, marked the peak in late 2021, has acted as a decisive point of rejection in prior cycles. Analysts say that surpassing it could lead to a broader rally phase, with projected targets toward $6,000 and beyond.

Long Term Outlook Supports Uptrend

Over the past three years, Ethereum has respected a long term ascending trendline despite volatility. The asset bottomed near $1,000–$1,100 during early 2022 before stabilizing. Since then, rebounds along this rising support, marked multiple times through mid-2022, early 2023, and early 2025, highlight its structural strength.

ETH/USD 3-day price chart, Source: Merlijn The Trader on X

A broad accumulation zone between $1,600 and $2,400 offered support during corrective phases, providing a base before Ethereum’s renewed advance in 2024. This same zone also absorbed selling pressure during later pullbacks, confirming its importance. The recent reclaim of $4,000 further strengthens the bullish framework, with $4,800 standing as the next critical milestone.

Breakout From Descending Wedge Formation

Between mid-2024 and early 2025, Ethereum traded within a large descending wedge pattern, marked by lower highs and steady support near $1,450. The pattern resolved with a breakout above $3,350–$3,600, confirming a trend reversal. According to CryptoGoos, the breakout aligns with classical technical analysis, which often projects a bullish continuation following such structures.

ETH/USD 1-day price chart, Source: CryptoGoos on X

Key levels highlighted include $3,950–$4,000, now acting as support after the breakout, and a recent peak near $4,550 where price consolidation is ongoing. Based on the measured move from the wedge, targets between $6,500 and $7,000 have been projected if upward momentum holds.

Support and Resistance Levels

Ethereum is comfortably above $4,000 support at the moment, but $4,800 is the primary resistance level. A higher break would put the cryptocurrency into price discovery, and new highs are likely to be achieved.

Traders look to initial downside support at $3,950, followed by $3,350, and then the historic base at $1,450. The broader outlook shows Ethereum’s resilience, with market focus centered on whether $4,800 can finally be surpassed.

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