Peter Brandt: ETH's Long-Term Breakout Level Sits at $5,000
Veteran chart analyst Peter Brandt — known for calling the 2018 BTC crash — shared his long-term technical outlook on ETH. With $ETH near $2,794, he sees $5,000 as the key long-term resistance; a confirmed breakout there could open the path toward ~$8,600. He also flagged a long-term target of $5.40 for $XRP.
$5,000 has been a psychologically significant level for ETH across past cycles, so clearing it would mark a real structural shift — but this is a multi-year, conditional target from one analyst, not a near-term price call.
Not financial advice — just one chart-based view worth tracking alongside your own analysis.
Where do you think ETH heads next? 👇
Source: Peter Brandt (@PeterLBrandt) via Lookonchain
