Ethereum Price Prediction: ETH Hits $4,200 — Is $5,000 Next?
Ethereum has surged past $4,000, hitting $4,200 after an 8% daily jump and a 20% weekly gain. Is this the start of a rally to $5,000 or will a correction hit first?
Ethereum Price Breaks $4,000 and Powers to $4,200
Ethereum ($ETH) has smashed through the $4,000 resistance, climbing to $4,200 after a powerful 8% surge in the past 24 hours and a 20% rise over the last week. The broader crypto market is also showing signs of strength, up 1.7% overall, as Bitcoin recovers from a low of $112,000 to trade just above the strong $117,000 support level.
Ethereum Price Prediction: Can Ethereum Reach $5,000?
With momentum clearly on $Ethereum side, the next natural target for bulls is the previous all-time high (ATH) of around $4,800. A break above this level would open the pathway to the psychological $5,000 mark — a milestone that could attract even more institutional and retail interest.
ETH/USD 4-hours chart - TradingView
ETH Coin: Key Levels to Watch
While the outlook remains bullish, traders should keep an eye on the $4,000 level. A sustained drop below this support could signal a deeper correction, especially if accompanied by a broader market downturn. However, a brief dip under $4,000 without wider market weakness could be nothing more than a fakeout before prices rebound.

Rudy Fares
Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.
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