Ethereum (ETH) Target Reached! Is $5000 Next? Forecast & Price Targets Explained
1 extracted signal · 1 resolved · 0 still active
More Crypto Online24 Oct 2025, 20:33 UTC
AI-generated source summary
The analyst provides a technical analysis for ETHUSD and highlights that after the CPI data release the small rally was hardly noticeable. The main pattern discussed in the video is that Ethereum could easily get another low but the risk of this happening in the bullish scenario will be reduced a little if it can decisively break above $4022 which is the initial resistance area. Wave counts remain possible and ETH continues to hover below resistance but also above support. Short term bearish case for another low but not a problem for larger bullish case as long as it avoids a decisive break below $3374. For additional confirmation that one more low could become more likely, look for a break below the initial micro support area around $3852. Currently holding above the nearest micro support and below the nearest micro resistance.
AI-generated summary based on the source content.
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Signals in this source
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