Ethereum Forecast: Can ETH Break $4,856 and Target $5K?

ETH Holding Strong 💪

Ethereum is steady above $4,500, even as Citigroup (key smart money player) set a cautious year-end target of $4,300.

That’s below where we are now, but the chart is telling a different story.

Technically:

• Momentum: MACD flipped positive → buyers gaining strength.

• RSI: Neutral at 55 → plenty of room before things get hot.

• Trend: Still above key moving averages → long-term uptrend intact.

💡 Chart context


• Upside: $4,753–$4,856 is the resistance box. That’s where the last rally failed (false break). Close above, and $5K comes back into view.

• Support: First line at $4,535 (trendline).

This is shaping up like an ascending triangle (Chapter 6, Lesson 4). Price keeps pressing on the same ceiling while stacking higher lows. The more it knocks, the weaker that resistance gets. Make sure you know how to trade it before it breaks out! 😉

👉 Bottom Line: Chart stays bullish, institutions hedge their bets.

Disclaimer: This is not financial advice. All information is for simulation and educational purposes only.