Ethereum (ETH) Target Reached! Is $5000 Next? Forecast & Price Targets Explained
1 extracted signal · 1 resolved · 0 still active
More Crypto Online18 Oct 2025, 20:10 UTC
AI-generated source summary
The video analyzes ETHUSD on a daily timeframe, noting that the price is currently holding support, with a key level to watch being $3374. A break below this level wouldn't rule out further upside but would make it questionable. There's no evidence that the correction is over. Bulls need to show up between $3665 and $3374.50. Previously, a five-wave move up from the September low was destroyed by a flash crash. It remains the analyst's view that as long as the 50% retracement level ($3374.66) holds, without a decisive break below, there's no substantial top. ETH has seen a 30% decline, which is within the scope of correction. He prefers a rally to around $5200 - $5800, however that is not maximum target, for a healthy fifth wave. The short term, with resistance at $3954 is still bearish and any move upward is viewed as corrective at this time. If the price breaks above $3954 and gets a higher low with a higher high and breaks resistance at 3954 again then he would consider adding a support area to the charts.
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