Ethereum Price Watch: Market Eyes Breakout Toward $4,500 Target
While ethereum’s price is $4,196.59 — 14% below its all-time high — it has positioned itself in a strong bullish structure heading into Saturday, supported by a market capitalization of $506.14 billion. With a 24-hour trading volume of $43.69 billion and an intraday range between $3,895.26 and $4,237.28, ethereum’s current trend is one of steady upward momentum, tempered by near-term consolidation signs.
Ethereum maintains a strong bullish structure across all timeframes, supported by buy signals from momentum and the moving average convergence divergence (MACD), as well as sustained strength in all key moving averages. A breakout above $4,250 with volume could trigger a continuation toward $4,300 and potentially $4,500, keeping the uptrend intact.