Ethereum (ETH) is trading at $4,300, up 18% over the past week, with its market capitalization climbing to almost $520 billion.
The strong momentum has brought ETH within striking distance of its $4,300 resistance level, a zone that multiple analysts say could unlock a fresh rally toward $5,241.
The recent surge has been fueled by bullish sentiment across the crypto market, supported by technical strength in ETH’s RSI and MACD indicators. Over the past month, Ethereum has steadily climbed from the $3,200 region, gaining traction as Bitcoin’s dominance slightly eased, allowing altcoins to capture more market attention.
Analysts Predict Potential Short-Term Correction Before Breakout
Crypto analyst Michaël van de Poppe noted that while 
ETH is in a “strong bullish period,” it is currently stalling just above an important high.
He suggests that if Bitcoin undergoes a correction, Ethereum could retrace toward the $3,700–$3,800 range, which he considers a prime accumulation zone before resuming its upward trajectory.
Clearing $4,300 Could Accelerate Gains
On-chain analyst Ali highlighted that surpassing $4,307, based on Ethereum’s MVRV Extreme Deviation Pricing Bands, could propel the price straight to $5,241.
This key resistance level has historically acted as a launchpad for major rallies, making the next few trading sessions critical for ETH’s price direction.
Technical Outlook
- RSI (14): Currently at 58.94, suggesting room for further upside before entering overbought territory.
- MACD: Positive momentum is building, with bullish crossovers forming in recent sessions.
- Support Zones: $3,700–$3,800 remains a potential bounce area if a pullback occurs.
- Resistance Levels: $4,300 and $5,241 are the primary targets to watch.
Ethereum Price Prediction
If Ethereum breaks decisively above $4,300 with strong volume, a push toward $5,200–$5,250 could unfold within weeks. In a more conservative scenario, ETH may consolidate between $4,000 and $4,300 before attempting another breakout in Q4 2025. However, a sharp Bitcoin-led correction could temporarily drag ETH back toward $3,700 before resuming its climb.
With market sentiment leaning bullish and institutional interest continuing to grow, Ethereum’s next move could set the tone for the broader altcoin market heading into the year’s final quarter.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/market/ethereum-price-outlook-breakout-levels-analyst-targets-and-what-it-could-mean-for-the-next-rally/