Ethereum Breaks $4K, Targets $6.8K by 2026
Price Surge:
ETH rallied above $4,000 for the first time in months, now trading around $4,178 (+7.11% in 24h) with trading volume up 30% to $50.31B and market cap at $504.33B.
Breakout Setup: Cleared major resistance at $4,000 on strong volume. Technical projection from breakout points to ~$6,800 by early 2026 (+65.5% from $4,100).
Momentum Signals:
MACD: Bullish crossover, histogram flipped positive — momentum favoring bulls.
RSI: At 71.97, above overbought threshold but still signaling trend continuation.
Outlook: Chart structure and indicators suggest a prolonged bullish phase, similar to Ethereum’s 2021 rally pattern.