Ethereum Price Prediction: Can ETH Hit $5K and Beyond?

Ethereum Breaks Through Key Levels — Is $3.5K Next?

Ethereum ($ETH) is showing serious strength this week. After smashing through multiple resistance and support zones with ease, ETH is now targeting the $3,500 mark — a key psychological and technical barrier. The chart shows clean breakouts above $2,472, $2,732, and more recently, $3,200, which it is currently consolidating above.ETH is now trading at around $3,442, gaining over 30% in the past month. And the next big target? The cycle high — just 22% away, followed by the all-time high (ATH) at around $4,800, sitting 42% above current levels.

Momentum Holds the Key

• The RSI sits at 82.99, signaling strong bullish momentum. While this is overbought territory, it’s not uncommon during breakout phases.
• The price remains comfortably above both the 9-day EMA ($3,063) and 21-day EMA ($2,749), confirming trend strength.
• Volume is supporting the move, and there’s no clear bearish divergence yet.