Ethereum Price Prediction: Will ETH Break $4,000 or Pull Back to $3,200?
Ethereum (ETH) is trying to recover after falling below $3,500. The current price is around $3,550, and support between $3,530 and $3,550 is holding well — for now.
The big question is: Will ETH break above $3,838 and aim for $4,000, or is this just a small bounce before another dip?
🔍 Current Market Snapshot
ETH Price: ~$3,550
Support Zone: $3,530 – key short-term level
Resistance Levels: $3,620 and $3,838
50-day SMA (moving average): $3,012 – strong trend support
RSI (momentum): 56 – healthy and not overbought
After hitting a local high near $3,838, ETH dropped but found buyers again near $3,530. This is a positive sign, as ETH is still showing higher lows — a key bullish signal.
🧠 RSI Analysis
The RSI indicator has cooled down from overbought levels and is now at 56. This means ETH still has room to rise before hitting extreme levels. Also, RSI bouncing above the 50 level usually supports a continued upward trend.
📊 Key Levels to Watch
If ETH breaks $3,620 and $3,838, it may test $4,000 next.
If ETH drops below $3,530, we may see a fall toward $3,200, and if that fails, $3,012 becomes the next key level.
A drop below $3,012 could push ETH as low as $2,732.
⚠️ ETH vs Bitcoin
While ETH looks stable, Bitcoin is still moving sideways, and any sudden drop in BTC could drag ETH down too — even if ETH’s own setup looks bullish.
Final View: The trend is neutral to bullish as long as ETH stays above $3,530. A daily close above $3,620 would confirm strong bullish momentum. If that happens, $4,000 is possible in the near term.
Trade wisely — and always manage your risk.