Ethereum is retesting a falling-wedge breakout after rallying from $4,200 to $4,391; a sustained move above $4,500 would likely propel ETH toward $5,100 and potential new all‑time highs, supported by robust DeFi activity and a $150B stablecoin supply.
ETH retested breakout support near $4,200–$4,391 after leaving a falling wedge.
Analysts watch $4,500 as the decisive level; a close above it targets $5,100 and higher.
On‑chain metrics show $91.85B TVL in DeFi and ~$150.30B stablecoin supply, underpinning market structure.
Ethereum price retest: Ethereum price eyes $4,500 breakout toward $5,100—read concise market levels and on‑chain signals. Stay informed with COINOTAG.
What is driving Ethereum’s current breakout and retest?
Ethereum price broke out of a falling wedge and is retesting the pattern as support after consolidating near $4,200–$4,391. Strong DeFi on‑chain activity and a growing stablecoin supply are reinforcing the bullish market structure and the likelihood of a follow‑through if $4,500 is reclaimed.
How likely is ETH to push past $4,500 toward $5,100?
Market structure makes $4,500 a decisive pivot: sustained closes above that level typically trigger momentum runs. Analysts surveyed noted targets toward $5,100 and higher if buyers hold the retest, while failure to hold wedge support near $4,200 could force a deeper consolidation.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
Ethereum trades at $4,391 after a falling wedge breakout, with analysts watching $4,500 as the key level toward $5,100 and new highs.
Ethereum has left a falling wedge pattern and is testing the breakout as new support. At the time of reporting, ETH was trading at $4,391, consolidating below the $4,500 pivot. A clean push and daily close above $4,500 would open paths toward $5,100 and potential record levels.
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Source: https://en.coinotag.com/ethereum-may-target-5100-if-it-clears-4500-after-falling-wedge-retest/