A gold Ethereum coin on a platter
Ethereum is one of the top crypto assets that was hit the hardest in the just ended market-wide crypto crash, but there may be brighter days ahead.
Ad
Crypto analyst Ali on 12 October shared a chart that suggests the coin is ready to shoot to $4,400, a price level it has struggled to hold in the past.
A strong bullish move
After crashing below $3,700, Ethereum has recovered above $4,000 again. According to Ali’s chart, the asset only needed to hold the $3,800 level and it could bounce back to $4,400.
As of the time of writing this report, ETH is trading above $4,150, indicating that it is safely above the level it needed to hold for a further upward move.
Ad
Another analyst in a separate tweet also highlighted the $3,910 to $3,800 price level as key to Ethereum’s recovery.
He added that holding this level (which the coin already has) will send it towards $4,550, a target very close to that of Ali.
If the market maintains the current tempo, it may not be long before the target is reached and even surpassed, as many more traders are predicting that Ethereum is going higher.
New all-time high in November
Ethereum investors have been patient about the coin’s performance which has been slow and quite uneventful, but it seems the boring days are coming to an end.
One of the bullish ETH traders, Michaël van de Poppe has said the coin is likely to hit a new all-time high by November.
For the record, Ethereum reached the all-time high price of $4,964 in August this year, breaking the record high of 2021 after four years.
If the coin is to reach a new all-time high in November, we may be looking at a price of $5,000 or more, which will be a big milestone for investors.
How do you rate this article?
Subscribe to our YouTube channel for crypto market insights and educational videos.
Join our Socials
Briefly, clearly and without noise – get the most important crypto news and market insights first.
Most Read Today
1
Samsung crushes Apple with over 700 million more smartphones shipped in a decade
2Peter Schiff Warns of a U.S. Dollar Collapse Far Worse Than 2008
3Dubai Insurance Launches Crypto Wallet for Premium Payments & Claims
4XRP Whales Buy The Dip While Price Goes Nowhere
5Cathie Wood: $28 Billion Bitcoin Deleveraging Drove Recent Pullback
Latest
Most Read Today
MOST ENGAGING
8
Also read
Similar stories you might like.
Bitcoin
Why Bitcoin Looks Weak Today But Strong Long-Term
Ana | 2026-01-29
Altcoins
Tom Lee’s Bitmine Deepens Massive Ethereum Staking Bet to $7.6B
Ana | 2026-01-29
Altcoins
Dogecoin Bulls vs. Bears? One Key Line Decides Everything
Ana | 2026-01-29
Altcoins
XRP Whales Buy The Dip While Price Goes Nowhere
Ana | 2026-01-29
Altcoins
Russia Finalizes Rules for Bitcoin, Ethereum, and Stablecoins
Ana | 2026-01-29
Altcoins
Crypto Mirrors 2020 as a 2021-Style Rally Looms
Ana | 2026-01-28
Bitcoin
Bitcoin’s Four-Year Cycle Is “Dead,” Claims the World’s Smartest Man
Ana | 2026-01-28
Altcoins
Grayscale Tweaks XRP Trust Filing as Spot ETF Momentum Heats Up
Ana | 2026-01-29
Bitcoin
Dorsey’s Offline Chat and Bitcoin App Surges Amid Iran, Uganda Shutdowns
Ana | 2026-01-29
Altcoins
Vitalik Warns Crypto’s Biggest Risk Isn’t Hackers – It’s Something Worse
Ana | 2026-01-28