ETH Price Prediction: Ethereum Eyes $3,934 Target as Technical Indicators Signal 23% Upside by December 2025



Alvin Lang
Nov 17, 2025 04:33

ETH price prediction points to $3,934 short-term target with medium-term Ethereum forecast reaching $4,300-$4,800 range, supported by upcoming Fusaka upgrade.



ETH Price Prediction: Ethereum Eyes ,934 Target as Technical Indicators Signal 23% Upside by December 2025

Ethereum is currently trading at $3,186.39, positioning itself for a potential breakout as multiple technical indicators and analyst predictions converge on bullish price targets. Despite recent bearish momentum, the underlying technical structure suggests ETH is building a foundation for significant upward movement.

ETH Price Prediction Summary

ETH short-term target (1 week): $3,326 (+4.4%)
Ethereum medium-term forecast (1 month): $3,934-$4,300 range (+23-35%)
Key level to break for bullish continuation: $3,479 (SMA 20 resistance)
Critical support if bearish: $3,004 (24h low and strong support confluence)

Recent Ethereum Price Predictions from Analysts

The latest ETH price prediction consensus from multiple analytical sources reveals cautious optimism with specific upside targets. CoinCodex leads with the most aggressive short-term forecast, projecting a $3,934.03 price target representing a 10.45% increase over the next five days. This prediction aligns with technical analysis showing Ethereum approaching oversold conditions.

More conservative Ethereum forecast models from Changelly and CoinLore cluster around the $3,213-$3,326 range, suggesting 1-3% weekly gains. The convergence of these predictions around similar price levels indicates strong analytical consensus for modest near-term appreciation.

The most compelling medium-term ETH price prediction comes from The Bit Journal, which projects $4,300-$4,800 targets contingent on the upcoming Fusaka network upgrade scheduled for December 2025. This represents potential upside of 35-51% from current levels, making it the most bullish forecast in the prediction landscape.

ETH Technical Analysis: Setting Up for Bullish Reversal

Current Ethereum technical analysis reveals a classic oversold setup primed for reversal. The daily RSI at 36.95 sits in neutral territory but approaching oversold levels, historically marking favorable entry zones for ETH. The MACD histogram shows bearish momentum at -20.8011, but this divergence often precedes trend reversals when combined with oversold RSI conditions.

Ethereum’s position within the Bollinger Bands at 0.22 indicates the price is trading in the lower portion of its recent range, with significant room for mean reversion toward the middle band at $3,479. The 24-hour trading range of $3,004-$3,249 establishes clear short-term boundaries, with ETH currently testing the lower support zone.

Volume analysis shows substantial daily trading activity at $1.89 billion on Binance, indicating strong market participation. The average true range (ATR) of $223.73 suggests healthy volatility for potential price movements, supporting the feasibility of reaching the $3,934 ETH price target within the predicted timeframe.

Ethereum Price Targets: Bull and Bear Scenarios

Bullish Case for ETH

The primary bullish Ethereum forecast scenario targets $3,934 as the initial resistance level, representing the confluence of multiple technical factors. Breaking above the immediate resistance at $4,036.66 would likely trigger momentum toward the medium-term price target of $4,300-$4,800.

Key technical requirements for this bullish ETH price prediction include RSI recovery above 50, MACD histogram turning positive, and sustained trading above the SMA 20 at $3,479. The upcoming Fusaka upgrade in December 2025 provides fundamental catalyst support for these technical targets.

Extended bullish targets point toward the strong resistance at $4,755, which coincides with the 52-week high region at $4,832. Achievement of these levels would require sustained momentum and broader crypto market support.

Bearish Risk for Ethereum

The primary downside risk centers on failure to hold the critical support at $3,004, which represents both the 24-hour low and strong technical support confluence. A break below this level could trigger selling toward the Bollinger Band lower boundary at $2,949.

Secondary bearish Ethereum forecast scenarios target the $2,800-$2,900 range, representing approximately 10-12% downside from current levels. This scenario would require sustained selling pressure and broader market weakness to materialize.

Should You Buy ETH Now? Entry Strategy

Current technical positioning suggests a favorable risk-reward setup to buy ETH with specific entry parameters. The optimal entry zone spans $3,150-$3,200, allowing for minimal downside while positioning for the predicted upward movement.

Risk management requires a stop-loss placement below $2,950, representing the breakdown level that would invalidate the bullish ETH price prediction. This provides approximately 7-8% downside protection while maintaining exposure to 20%+ upside targets.

Position sizing should reflect the medium confidence level in this Ethereum technical analysis, with conservative allocation of 2-3% of portfolio value. Entry timing benefits from waiting for RSI stabilization above 40 or initial MACD histogram improvement for confirmation.

ETH Price Prediction Conclusion

The comprehensive Ethereum forecast points to $3,934 as the high-probability target within a 2-4 week timeframe, representing 23% upside potential from current levels. This ETH price target maintains medium confidence based on technical indicator convergence and analyst consensus.

Key indicators to monitor for confirmation include RSI recovery above 45, MACD histogram improvement toward positive territory, and sustained trading above $3,250. Invalidation signals include breaks below $3,004 or RSI decline toward 30.

The timeline for this ETH price prediction extends through mid-December 2025, coinciding with the anticipated Fusaka upgrade catalyst. Should you buy or sell ETH based on this analysis? The technical setup favors accumulation on weakness near current levels, with clear risk parameters and defined upside targets supporting a measured bullish stance.

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Source: https://blockchain.news/news/20251117-price-prediction-target-eth-ethereum-eyes-3934-as-technical-indicators