Ethereum (ETH) is trading above $1,900 after reclaiming its long-term downtrend, putting the $3,000 level back in focus. While some analysts expect a slower recovery, prediction markets and technical indicators suggest ETH could continue moving higher.
When Will ETH Price Hit $3000?
Crypto analyst Kaleo said he does not expect Ethereum to trade above $3,000 until 2027, although he added that he would be happy to be proven wrong.
Kaleo also described the current market as “painfully boring” for spot traders, saying it resembles the calm before a larger move. However, he noted that Ethereum still needs to hold above key support levels before a sustained breakout can be confirmed.
The $1,800-$1,900 range remains the nearest support zone. According to Kaleo, the broader bullish structure remains intact as long as ETH closes above $1,510 on the daily timeframe.
Bullish Signals Point to Higher Targets
Crypto analyst Michaël van de Poppe said ETH could move toward the $2,300-$2,500 range if the current trend continues.
On-chain analyst Ali Martinez also noted improving technical signals. He said Ethereum turned bullish after moving above its Market Value to Realized Value (MVRV) 0.8 Pricing Band at $1,800, a level that has historically coincided with major trend reversals.
According to Martinez, Ethereum has also formed an MVRV Momentum Golden Cross. Similar signals in previous market cycles were followed by rallies of 50%, 74%, 113%, and 166%. He said $3,000 is the next major upside target if buying momentum continues.
If buying pace continues, he believes $3,000 becomes the next major target. While some others predict ETH can hit even $5000.
Crypto analyst Crypto Patel predicts Ethereum could eventually reach $5,000, although that view depends on continued market strength.
What’s Next for ETH Price?
Despite differing views on the timeline, analysts generally agree that Ethereum’s market structure has improved compared with earlier this year.
The next key level to watch is whether ETH can hold above $1,900 and extend its move toward the $2,300-$2,500 range.
If Ethereum breaks above that area, $3,000 is expected to become the next major resistance level. On-chain data shows that more than 10 million ETH previously changed hands around that price, making it one of the network’s largest supply zones.
Beyond $3,000, some longer-term technical outlooks identify $5,000 as a potential upside target, although analysts note that such a move would depend on broader market conditions and sustained buying momentum.