Ethereum Price Prediction: Can ETH Break $2.85K, Trigger Rally to $4K?

Ethereum (ETH) price formed bullish signals as it approaches a crucial resistance area. Consequently, if the top crypto continues trading along its existing path, the technical outlook suggests the altcoin could hit $4,000.

Ethereum Price Approaches Key $2,850 Resistance

Notably, analyst Ted Pillows stated that Ethereum price is testing the $2,850 resistance level. This level is the top of an ascending triangle seen for many months.

Higher lows have marked the formation of this structure since early 2025. Traders typically view ascending triangles as bullish continuation formations, especially when price consolidates below a defined horizontal resistance level.

Looking at the chart, ETH price has traded above an upward trendline that has supported it for over a year. Reaching above $2,850 would mean Ethereum price had its highest level in a while.

In addition, since it is near where prices were rejected previously, this level holds significant importance. If the top altcoin closes above this resistance for the week, it could surge to a higher target at $4,000.

ETH Price Bull Flag Breakout Suggests Move to $4,000

Another technical pattern, shared by Titan of Crypto, showed a bull flag on Ethereum price daily chart, and it recently broke upwards. The pattern appeared after Ethereum rapidly rose from the $2,000 region in May 2025, then consolidated briefly.

Earlier this week, the price broke out by moving above the consolidation band, indicating that bulls are in charge.

Additionally, the analyst projected a target between $3.8K and $4K following the pattern of the flagpole. The intermediate level at $3.8K is close to where Ethereum price was trading in the last bull cycle.

Hence, if ETH price keeps trading above the bull flag’s upper trendline, it could lead to a further rise in price. The rise in volume and momentum from earlier sessions supports the breakout, suggesting Ethereum price may rise further.

ETH/BTC Strength Signals Capital Rotation From Bitcoin

In addition to developments on the USD chart, analyst Ted noted Ethereum’s performance against Bitcoin has begun to show signs of improvement.

After hitting local lows at 0.02, the ETH/BTC trading pair is moving toward resistance around 0.034 to 0.037. The shift in strength is remarkable, as Bitcoin has been trading sideways while Ethereum price has increased.

When ETH performs better than BTC, it is commonly interpreted as a shift of funds from Bitcoin to Ethereum and other altcoins.

With such a shift, Ethereum could rise further if Bitcoin remains in its current price range, at least in the short run. A move above 0.034 BTC would signal that ETH has managed to move past the recent downward trend.

Ethereum Price Enters Impulsive Wave Zone

In a more ambitious prediction, Trader Tardigrade suggested that Ethereum price could rally to $18,000 as it enters a new phase of “Impulsive Waves.” According to the chart, ETH historically follows a repeating ABC corrective wave cycle, followed by strong recoveries that transition into rapid parabolic rises.

Intriguingly, the analyst marked the current market phase as the beginning of a fresh impulsive wave, similar to the rallies seen in 2020 and 2021.

Following a recent strong recovery from below $1,300, ETH now mirrors its past cycle structure. If the pattern continues, ETH could gradually ascend toward the projected $18,000 mark by 2026.

At the time of writing, ETH price today traded at $2,660, up 0.38% in 24 hours, after bouncing from a $2,600 low in the day. A strong volume surge of 46.73% signals growing short-term bullish interest.

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