Key takeout:
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Ethereum is occurring beyond multiple bullish setups on the price chart.
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Analysts believe ETH will soon rise to $6,000, with $20,000 possible within a year.
Ethereum’s native token, Ether (ETH), surpassed $4,330 at around 24% this week, surpassing its highest price since December 2021.
Ether’s Wyckoff Pattern Breakout targets $6,000
According to analyst Lord Hawkins, Ethereum shows a signal to break out of its common Wyckoff accumulation pattern.
The ETH/USD pair has been trading within a large build-up range for several months, steadily absorbing sales pressure. According to Wyckoff Theory, this phase often ends with a decisive breakout once the buyer gains control.
That breakout is ongoing, with ETH pushing past the $4,200 resistance zone, a stage known as the “sign of strength” (SOS).
In Wyckoff’s models, this is usually followed by a short pullback or “final point” (LPS) to see the new uptrends.
If the LPS is retained, prices enter the markup phase and profits accelerate as demand is overwhelmed. Measure the height of the accumulation range and you get a technical goal of nearly $6,000.
Triangle setup displays an ether price target of $8,000
As of Sunday, ETH was ahead of the top trendlines of multi-year symmetric triangles in the $4,000-$4,200 zone, according to analysts Crypto Rover and Crypto’s Titan.
The breakout suggests measured movement equal to the maximum height of the triangle, referring to an area of $8,000 over the next few months. This is an increase of over 90% from current price levels.
Historically, such long-term breakouts in the higher time frame of ETH have preceded strong multi-layered gatherings, especially when confirmed by increased volume and favorable macroemotion.
In April 2020, ETH escaped from the symmetrical triangle, reaching its predicted target by over 950%, climbing even further as bullish emotions intensified.
Eth Price Fractal claims for $20,000
If the historic priced fractals are rolled out, Ethereum could be on track for a drive heading towards $20,000 within six or eight months of this day.
Analyst Nilesh Verma highlights the repetitive pattern. In this pattern, ETH gathers rapidly after retesting the main bottom support.
In January 2017 and April 2020, such retests preceded the parabolic uptrend, bringing profits of over 8,000% and 950% respectively. Both movements lasted about 12 months before the toppings.
ETH retweeted the same “bottom retest” setup in April 2025, bouncing hard from the $1,750-$1,850 zone. The sustainable gathering could unfold until April 2026, with fractal measured movements targeting “minimum $10,000” and $20,000 best-case scenarios.
Related: Arthur Hayes returns ETH at a higher price, Pinky swears to never sell
Popular analyst Merlijn The Trader predicts Ethereum will reach $20,000, citing Cryptocurrency’s multi-year rising channel.
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
