Ethereum (ETH) Rises About 3.5% During Weekend Trading, With Potential Breakout Toward $4,000 and Downside Risk to $3,000–$3,200

• Near-term range: ETH trades within a tight channel around support and resistance, limiting sharp moves in the short term.

• Key breakout levels: A decisive move beyond $3,927 or below $3,819 sets the directional bias toward $4,000 or lower.

• Momentum context: The midterm picture remains balanced with neither bulls nor bears in clear control.

ETH price update: Ethereum trades near $3,872 after a weekend rise; watch $3,819 support and $3,927 resistance for near-term moves. Stay informed with COINOTAG.

What is the current ETH price movement?

The ETH price is moving higher on the weekend, up 3.49% in the last 24 hours, and trading near $3,872 at press time. The near-term channel is defined by support around $3,819 and resistance near $3,927, signaling a quiet session unless a breakout occurs.

COINOTAG

Publication date: 2025-10-18 • Last updated: 2025-10-18

The prices of most coins are rising on the first day of the weekend, according to CoinStats.

ETH chart by CoinStats

ETH/USD

The rate of Ethereum (ETH) has gone up by 3.49% over the last 24 hours.

Image by TradingView

On the hourly chart, the price of ETH is in the middle of the local channel between the support of $3,819 and the resistance of $3,927.

As the rate of the main altcoin is far from the main levels, there are no chances to see sharp moves by tomorrow.

On the bigger time frame, the picture is more bearish than bullish. The rate of ETH is closer to the support than to the resistance level. If a breakout of the $3,694 mark happens, the correction is likely to continue to the $3,500 range.

Image by TradingView

From the midterm point of view, neither bulls nor bears are dominating. In this case, traders should focus on the interim zone of $4,000. If a breakout happens, the accumulated energy might be enough for a more profound correction to the $3,000-$3,200 area.

Ethereum is trading at $3,872 at press time.

What is ETH price analysis telling us for the near term?

The ETH price analysis points to a balanced setup in the near term, with a clear reference range still in place. Traders should monitor the $3,927 resistance for signs of acceleration above the round-number level and the $3,819 support as a guide for risk management. A sustained move above $4,000 would shift the bias toward a fresh upside leg, while a break below $3,819 could invite a deeper pullback toward the $3,700s or lower depending on momentum and volume. Market participants continue to weigh short-term technical signals against broader macro catalysts that influence risk assets.

Frequently Asked Questions

What is the best support level for ETH in the near term?

Near-term support sits around $3,819, with a tighter pivot near $3,694 in stronger downside scenarios. Holding above $3,819 keeps the risk manageable for bulls, while a break below $3,694 increases the likelihood of a test toward $3,500 or lower, depending on volume and broader market conditions.

Will ETH hit $4,000 this week?

A sustained breakout above $3,927 with above-average volume would make a move toward $4,000 or higher more likely. If the price fails to break above $3,927, expect a drift within the current range with potential test of the $3,819 support if selling pressure increases.

Key Takeaways

• Range-bound near term: ETH trades within the $3,819–$3,927 zone, implying limited intraday volatility absent a breakout.
• Breakout opportunities: Above $3,927 or below $3,819 could spark directional moves toward $4,000 or lower levels.
• Balanced market sentiment: The midterm view remains undecided, requiring confirmation from volume and macro catalysts.

Conclusion

In summary, Ethereum’s near-term trajectory hinges on the $3,927 resistance and $3,819 support. A breakout above $3,927 could propel ETH toward the $4,000 handle and beyond, while a breakdown under $3,819 may kick off a deeper correction toward the mid-$3,000s. Data from CoinStats and TradingView supports a cautious, data-driven approach. COINOTAG will continue to monitor updates and provide fresh analysis as market conditions evolve.