ETH has staged a weekend recovery back above $4,000, revealing underlying strength and fuelling bullish Ethereum price predictions.
The altcoin found unexpected support at $3800, flipping a past resistance zone into support despite historical demand zones eyeing a floor much lower.
On-chain metrics had placed the next price floor at $3,515, with the UTXO Realized Price Distribution (URPD) pointing to a high volume of positions previously taken at that level.
This break from past market behavior signals a potential shift in sentiment, with buyers stepping in at higher psychological levels rather than following previous buying activity.
Confidence is building across the market, a sentiment echoed by Sentroa, reporting continued exchange outflows alongside last week’s price decline.
When holders move their coins to self-custody, it suggests a shift to HODLing and accumulation, a testament to a longer-term bullish outlook.
Ethereum Price Predictions: What’s Got The Market So Bullish?
This conviction follows a strong confluence of support, with the lower boundary of a 2-month brewing bull flag pattern aligning with a broader ascending channel at $3,800.
The setup has created a launchpad, flipping to level from past resistance to support as momentum indicators turned bullish.
The RSI has sharply recovered from the oversold threshold at 30, often marking a bottom as sellers exhaust and buyers step in.
Meanwhile, the MACD histogram is approaching the signal line in a potential golden cross, suggesting this bounce could mark the start of a lasting uptrend.
The $4,500 level stands as the key threshold for a bull flag breakout. If fully realised, the pattern targets a new all-time high at $5,560 and a retest of the broader ascending channel.
With a breakout here too, the Ethereum price could extend towards $8,000, representing nearly a 100% gain from current levels.
With stacking catalysts like U.S. interest rate cuts and new staking ETH ETFs attracting inflows, this setup could be realised before year-end.
A breakdown below $3,800, however, could set sights back on past accumulation zones. A 15% fall to $3,500 could be the next floor.
Bitcoin Could Outpace Ethereum With a Next-Gen Layer-2
As attention floods into the altcoin market, Bitcoin is quietly preparing a major comeback by addressing its biggest limitation: ecosystem expansion.
Bitcoin Hyper ($HYPER) is bridging Bitcoin’s security and stability with Solana’s speed, creating a new Layer-2 network that unlocks scalable, efficient use cases previously out of reach.
Bitcoin Hyper presale website.For years, slow transactions, high fees, and limited programmability have capped Bitcoin’s potential. $HYPER removes those limits—just as the market enters a bullish phase.
Some analysts are eyeing a $250,000 BTC this cycle, and with $HYPER positioned at the center of Bitcoin’s ecosystem expansion, it could capture that momentum.
With almost $19 million raised already, the project is taking off. But the opportunity is still early; even a fraction of Bitcoin’s trading volume could still deliver exponential upside.
You can secure Bitcoin Hyper ($HYPER) now on the official website before exchange listings amplify demand.
The next presale price increase is just hours away.
To keep up with Bitcoin Hyper, follow them on X (formerly Twitter) and Telegram.
Visit the Official Website HereThe post Ethereum Price Prediction: Surprise Bounce Recovers $4,000 – On-Chain Signals Point to Greater Gains appeared first on Cryptonews.
