Ethereum Price Prediction: Can ETH Rally to $7-$10K Targets?

Ethereum Nears Breakout as Bulls Target $10K Surge

Ethereum (ETH) is approaching a strategic stage during which price patterns indicate consolidation coupled with a pre-bullish move. Analysts highlighted key levels and recurring patterns, suggesting that the asset is preparing for an upward trend.

Analyst Trader Tardigrade noted a bullish structure on the daily chart. In the past, consolidation phases have been followed by accumulations, then a boom. These cycles are also accompanied by short-term pullbacks, where the price dips below the support and then starts surging up, indicating strong demand amid weak markets.

ETHUSD 1D CHART | SOURCE: X

Moreover, the trend is supported by the development of higher lows and highs with time. Should this structure hold, price targets above recent resistance near the $4,800 level might be reached, stretching to the $6,000 level in the long term.

Rejection Tests Ethereum Support

On the flip side, analyst Ted warns that ETH faces a critical test around $4,250–$4,300, following rejection from the $4,750 zone. If this demand zone supports price, then a retest of the $4,750 level and perhaps resistance near $5,000 is realistic. 

ETHUSDT 1D CHART | SOURCE: X

Meanwhile, a drop under $4,250 could reduce momentum and send the price toward $4,000, activating a key support in the $3,800–$3,850 zone. Therefore, retaining these levels is vital since a failure would lead to deeper lows and new accumulation phases.

ETH Beyond $7K

Additionally, analyst Mags connected current action to past cycles, highlighting that this consolidation mirrors the 2020–21 build-up phase. In that earlier cycle, once the asset cleared a horizontal resistance and retested it, a major spike followed. 

ETHEREUM CHART | SOURCE: X

In the meantime, the crypto is re-visiting the breakout zone close to the price of $4,750, in the same manner. If this repeats, it could validate a bull run to over $7,000 or $10,000. The convergence of cycle structure, institutional interest, and network adoption adds strength to the bullish bias.

Ethereum's next trajectory depends on support and renewed momentum. Should buyers dominate, a breakout above the resistance could mark the beginning of a bull phase. On the other hand, a breach of critical zones would present new immediate targets. The altcoin is trading at a price near $4,462 at the time of writing, as traders watch key levels, anticipating a shift.