Ethereum price prediction: ETH looks to surpass $3,900

Ethereum has been on fire this year, and the cryptocurrency is looking to surpass $3,900 soon. The last time Ethereum was this high was in January 2018 when it reached a peak of $1,382 at its all-time high before crashing down into the mid-$300s.

The “ethereum price prediction 2025” is that Ethereum will surpass $3,900 by the end of 2025. The cryptocurrency has been on a steady rise since its release in 2015.

The market capitalization of cryptocurrencies has surpassed $2.5 trillion, as Bitcoin and other cryptocurrencies continue to rise in the fourth quarter.

So far, the cryptocurrency industry has had a fantastic fourth quarter. Following a gloomy trend in the second and third quarters, Bitcoin and other cryptocurrencies are suddenly gaining ground. Bitcoin is now trading over $63,000, and if present trend continues, it might shortly reach its previous all-time high price of $64,400.

Ether has also been doing well, with a gain of more than 10% in the last seven days. Following a 2.65% drop on Monday, the second-largest cryptocurrency by market value surged 3.55 percent on Tuesday. The rise has pushed ETH past the $3,800 threshold, positioning it for more gains in the coming hours and days.

Ethereum Price Predictions

After a strong performance over the last several hours, ETH is presently trading at $3,853 per unit. The ETH/USD 4-hour chart is now positive, suggesting that additional gains might be on the way, thanks to Ethereum’s recent climb.

The MACD line is now positive, while an RSI of 56 indicates that Ether is approaching overbought territory. Ether might be set for greater rises in the coming hours, with technical signs pointing to a positive performance.

4-hour chart of ETH/USD. Source: TradingView

Ether has managed to sidestep the pivot at $3,833 and is now aiming for the first significant resistance level at $3,935. To break over $3,900 and overcome this resistance level, it would require the aid of the larger cryptocurrency market.

If the cryptocurrency market continues to surge, ETH will be able to approach the second big resistance level at $3,992, as well as the psychological $4,000 level.

However, if ETH goes below the pivot at $3,833, the first significant support level at $3,776 will come into focus. ETH should safely remain away from the sub-$3,600 levels until there is a sustained sell-off in the market.

Here’s where you can learn how to acquire Ethereum.

The “ethereum price prediction end of 2021” is a prediction that Ethereum will surpass $3,900 by the end of 2021.

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