Ethereum

Ethereum Price Analysis: Is $5K Next for ETH After Reclaiming Crucial Resistance?

Ethereum’s price is rebounding aggressively after the recent decline from the $4,800 area. Investors are now hopeful for another push toward the $5,000 level and beyond in the coming weeks.

Technical Analysis

By Shayan

The Daily Chart

ETH has successfully defended the $4,000 support zone, bouncing from the area. This zone overlaps with the 100-day moving average and a previous demand block, making it a technically significant level.

The RSI has also recovered from the oversold region and now sits at 50, suggesting momentum is shifting back toward the bulls. The asset is currently pushing toward the $4,800 resistance level and the midline of the large ascending channel. A breakout from this area would open the doors for a historical ETH rally in the coming months.

The 4-Hour Chart

On the 4H chart, ETH has printed a textbook head and shoulders recovery. After bouncing from the support zone near $3,850, it reclaimed the $4,100 level and formed a higher low. It is now approaching the $4,400–$4,500 supply zone, which initiated last week’s decline.

Overall, the short-term structure is now bullish. If ETH breaks above the $4,500 level, the next target could be the $4,800 high. However, a rejection from here could lead to a short consolidation phase before continuation.

Sentiment Analysis

Funding Rates

Ethereum funding rates have recently bounced back into positive territory after briefly turning negative during the latest price drop. This negative dip showed that short sellers had taken control, pushing funding rates below zero as the market leaned heavily bearish.

But the quick recovery suggests those shorts were either closed or liquidated, and traders are slowly regaining confidence. The return to positive funding indicates a growing appetite for long positions, although that interest still looks cautious for now.

Compared to previous cycles, the current funding remains well below euphoric levels. There’s no sign of excessive leverage or overcrowded longs, which is generally a healthy sign. When funding resets like this without spiking too quickly, it often reflects a more stable trading environment. If this steady climb in funding continues, it could support a more sustained price recovery rather than a short-lived pump.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Ethereum

Ethereum Foundation Converts 1,000 ETH to Stablecoins in a $4.46M Cowswap Maneuver

This week, the Ethereum Foundation decided to mix things up, cashing out 1,000 ether for stablecoins through Cowswap to bankroll research, development, and grants. The foundation pulled off the swaps over the past day, slicing the conversions into four clean, calculated transactions. Ethereum Foundation Turns $4.46M in ETH Into Stablecoins On Friday…
Read More

Ethereum

Ethereum Whispers ‘Breakout’—But Will It Scream Past $4,600?

Ethereum’s holding steady at a confident $4,500, with a market cap of $543 billion and a crisp 24-hour trading volume of $36.86 billion. But don’t get too relaxed—its intraday range from $4,446 to $4,583 shows this crypto’s still got some tricks up its sleeve to keep traders on edge…
Read More

Ethereum

Crypto Price Analysis October-03: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

Ethereum had an excellent week after its price rallied by 14%. This allowed it to move close to $4,500, which may offer the required support to re-test the key resistance at $5,000. With sellers exhausted, buyers are back in control.

Bitcoin also made sustained gains this week, which primed the market for higher levels. This can boost the momentum of Ethereum, which is turning bullish again.

Looking ahead, a clear breakout above $5,000 would place ETH in price discovery and allow it to run much higher quickly. Should that happen, key targets are found at $6,000 and $7,300.

Ripple (XRP)

XRP closed the week 11% higher, which took the price above $3. This is a psychological level that can act as support in the future and provide a base for new highs with key targets at $3.2 and $3.6.

To capitalize on this momentum, the bulls will have to push this cryptocurrency to make higher highs. That would imply a price level of $3.2 and above.

Looking ahead, XRP appears to be finishing its consolidation between $2.7 and $3 and is ready for higher levels. If so, the ATH at $3.6 could be a major magnet for buyers in the last quarter of 2025.

Cardano (ADA)

Cardano also had a good week after it managed to hold above the support at $0.77 and closed with an 11% gain. This puts buyers back in charge, but their biggest test awaits at the $0.90 resistance.

The bullish momentum is not quite there yet to break the key resistance, but if the overall market remains bullish, a breakout is only a matter of time. If successful later, then ADA has a real chance to trade above $1 again.

Looking ahead, October started with a bang as most cryptocurrencies are in green. Cardano also appears poised for new highs if buyers can push it beyond $0.90.

Binance Coin (BNB)

Binance Coin appears unstoppable after it made a new price record at over $1,100. This allowed it to close the week with a 16% gain, making it one of the strongest digital assets in 2025.

The most important resistance, at this time, is found at $1,200, and the price could easily reach that in the coming days if this bullish momentum is sustained. That’s only an 8% price increase at the time of this post.

Looking ahead, this cryptocurrency is well-positioned to capitalize on the enthusiasm across the market that appears to be forming in the last quarter of the year. If $1,200 is broken later, look towards $1,500 next.

Hype (HYPE)

This week, HYPE finally completed its correction and managed to briefly visit $50 after a sustained rally that saw its price increase by 15%. With sellers gone, this cryptocurrency has already recovered most of its recent losses.

To be confident in this rally, HYPE has to claim $50 and defend it as support. If successful, then it has a real shot at revisiting its all-time high at $60.

Looking ahead, despite the volatility, the price continues to show a lot of strength. Even if attention was briefly directed towards other decentralized exchanges, this did not last, and liquidity returned to Hyperliquid, which is now reflected in its token price as well.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Cryptocurrency charts by TradingView.