Ethereum Reaches $4,100 For The First Time In Over Three Years, Aiming For $5,000 Next

Ethereum Reaches ,100 For The First Time In Over Three Years, Aiming For ,000 Next

Este artículo también está disponible en español.

For the primary time in over three years, Ethereum (ETH) has reached the numerous value milestone of $4,100. This degree has confirmed to be a key resistance level for traders, particularly because the main altcoin struggled to breach it in the course of the bullish momentum skilled within the first quarter of this yr.

Poised For Rally If It Breaks $4,000-$4,100 Resistance?

The renewed bullish sentiment amongst crypto traders has led analysts to forecast potential new all-time highs for Ethereum, surpassing its earlier document of $4,878, set in November 2021. 

For occasion, crypto analyst Justin Bennett famous on social media platform X (previously Twitter) that ETH had beforehand confronted technical limitations in surpassing the $4,000 threshold and acknowledged that Bitcoin has been the point of interest of market consideration in December.

Associated Studying

Nevertheless, the analyst emphasised that if ETH’s value can efficiently navigate the vital $4,000 to $4,100 vary within the quick time period, it may pave the way in which for a rally again towards its all-time excessive zone, with the potential to achieve mid-$5,000 ranges, thereby finishing the present bullish channel for the altcoin. 

Bennet additionally steered that now’s the opportune second for the ETH value to focus on a brand new all-time excessive as he believes that the altcoin may see “some of those Bitcoin (BTC) profits” circulation into the Ethereum market quickly.

Ethereum Value To Attain $15,937 By Could 2025? 

Including to this bullish outlook, market knowledgeable VentureFounder shared much more optimistic predictions, anticipating an prolonged bullish momentum for ETH over the subsequent seven months, and projecting it to achieve a brand new all-time excessive of $15,937 by Could 2025.

VentureFounder linked this forecast to historic patterns, noting that the primary quarter following Bitcoin’s Halving occasions usually initiates a surge towards new document highs. He additional indicated that Ethereum typically enjoys a yr of sturdy efficiency after such Halving occasions, the newest of which occurred in April of this yr.

This yr has already seen important similarities with the previous for each Bitcoin and Ethereum. Previous to Bitcoin’s Halving, the cryptocurrency skilled a considerable rally, fueled partially by the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Trade Fee (SEC). 

Associated Studying

On the time, the Bitcoin value reached a brand new all-time excessive simply above $70,000 in March, and it has since risen by greater than 50% to a brand new document of $107,000, regardless of difficult second and third quarter value motion.

Ethereum additionally skilled important progress, posting its strongest first quarter in additional than three years, rising from $2,260 in February to just about 100% in simply 30 days. Nevertheless, it remained beneath the $4,100 threshold till lately, according to Bitcoin’s growing trajectory.

Overall, VentureFounder’s evaluation, along with the worth actions of each Ethereum and Bitcoin this yr, provides a strong basis for believing that ETH could also be poised for important rises within the coming months if the specialists’ projections and prior patterns maintain true. 

The each day chart exhibits ETH’s value trending upwards. Supply: ETHUSDT on TradingView.com

On the time of writing, ETH is making an attempt to consolidate at round $4,014. This degree will likely be essential for figuring out whether or not additional upward momentum will happen within the coming days or if extra checks of value help are on the horizon.

Featured picture from DALL-E, chart from TradingView.com

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 117,705.54 5.75%
ethereum
Ethereum (ETH) $ 2,991.68 6.95%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.57 6.29%
bnb
BNB (BNB) $ 689.12 2.69%
solana
Solana (SOL) $ 163.81 3.96%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.196885 8.42%
tron
TRON (TRX) $ 0.296223 1.83%
staked-ether
Lido Staked Ether (STETH) $ 2,989.19 6.93%
cardano
Cardano (ADA) $ 0.689434 10.60%
hyperliquid
Hyperliquid (HYPE) $ 45.40 8.67%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 117,659.52 5.77%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,630.31 7.63%
sui
Sui (SUI) $ 3.46 8.29%
chainlink
Chainlink (LINK) $ 15.31 6.74%
bitcoin-cash
Bitcoin Cash (BCH) $ 521.04 1.36%
stellar
Stellar (XLM) $ 0.304465 4.88%
avalanche-2
Avalanche (AVAX) $ 20.83 6.92%
hedera-hashgraph
Hedera (HBAR) $ 0.197283 11.73%
leo-token
LEO Token (LEO) $ 9.00 0.49%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,204.93 6.98%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 7.10%
weth
WETH (WETH) $ 2,992.18 7.01%
usds
USDS (USDS) $ 1.00 0.02%
the-open-network
Toncoin (TON) $ 2.93 1.68%
litecoin
Litecoin (LTC) $ 94.86 4.36%
whitebit
WhiteBIT Coin (WBT) $ 46.78 0.16%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.32%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 117,755.55 5.80%
monero
Monero (XMR) $ 326.65 0.68%
polkadot
Polkadot (DOT) $ 3.92 7.03%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.11%
bitget-token
Bitget Token (BGB) $ 4.53 2.35%
pepe
Pepe (PEPE) $ 0.000013 13.74%
uniswap
Uniswap (UNI) $ 8.70 3.84%
aave
Aave (AAVE) $ 307.96 3.23%
pi-network
Pi Network (PI) $ 0.500022 5.87%
dai
Dai (DAI) $ 1.00 0.00%
bittensor
Bittensor (TAO) $ 377.42 6.53%
aptos
Aptos (APT) $ 4.92 6.94%
near
NEAR Protocol (NEAR) $ 2.55 7.62%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.14%
crypto-com-chain
Cronos (CRO) $ 0.097009 1.76%
okb
OKB (OKB) $ 49.45 2.04%
internet-computer
Internet Computer (ICP) $ 5.44 4.73%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 199.15 4.04%
ondo-finance
Ondo (ONDO) $ 0.900751 6.03%
ethereum-classic
Ethereum Classic (ETC) $ 18.56 4.76%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
susds
sUSDS (SUSDS) $ 1.06 0.01%
kaspa
Kaspa (KAS) $ 0.086505 6.67%
usd1-wlfi
USD1 (USD1) $ 1.00 0.11%
ethena
Ethena (ENA) $ 0.346762 19.54%
mantle
Mantle (MNT) $ 0.633578 4.90%
cosmos
Cosmos Hub (ATOM) $ 4.63 6.42%
vechain
VeChain (VET) $ 0.02456 8.95%
arbitrum
Arbitrum (ARB) $ 0.412803 14.40%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.224312 7.27%
official-trump
Official Trump (TRUMP) $ 9.92 7.61%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.747831 6.40%
gatechain-token
Gate (GT) $ 16.22 0.71%
render-token
Render (RENDER) $ 3.72 8.79%
fasttoken
Fasttoken (FTN) $ 4.46 0.22%
worldcoin-wld
Worldcoin (WLD) $ 1.09 18.16%
algorand
Algorand (ALGO) $ 0.218295 12.39%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,990.83 6.67%
bonk
Bonk (BONK) $ 0.000023 6.13%
sky
Sky (SKY) $ 0.083811 1.07%
sei-network
Sei (SEI) $ 0.322353 22.16%
filecoin
Filecoin (FIL) $ 2.60 6.04%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 117,589.51 5.75%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.74 2.72%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 174.30 4.40%
spx6900
SPX6900 (SPX) $ 1.64 6.12%
jupiter-exchange-solana
Jupiter (JUP) $ 0.488944 6.74%
usdtb
USDtb (USDTB) $ 1.00 0.00%
kucoin-shares
KuCoin (KCS) $ 11.37 1.96%
first-digital-usd
First Digital USD (FDUSD) $ 0.998443 0.04%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,135.46 6.94%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,410.38 7.15%
usdt0
USDT0 (USDT0) $ 1.00 0.04%
fartcoin
Fartcoin (FARTCOIN) $ 1.35 15.19%
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.021234 11.83%
celestia
Celestia (TIA) $ 1.88 10.33%
nexo
NEXO (NEXO) $ 1.26 1.57%
injective-protocol
Injective (INJ) $ 12.55 12.91%
optimism
Optimism (OP) $ 0.674273 13.36%
xdce-crowd-sale
XDC Network (XDC) $ 0.071972 4.54%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.80 10.15%
flare-networks
Flare (FLR) $ 0.016816 3.29%
blockstack
Stacks (STX) $ 0.748764 6.64%
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,196.97 6.83%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 3,143.26 8.61%
sonic-3
Sonic (S) $ 0.339143 5.47%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 117,537.49 5.76%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.01%
story-2
Story (IP) $ 3.62 13.48%
dogwifcoin
dogwifhat (WIF) $ 1.02 5.92%
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 3,148.31 6.82%
Scroll to Top