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Ethereum Has Reclaimed $1,500, $2,200, and $4,000, Here’s Why Charts Now Point to $10,000
Ethereum reclaimed $1,500, $2,200, and $4,000, with charts now pointing toward $10,000.
ETH trades at $4,305 with $519.72B market cap and $36.47B daily trading volume.
Technicals show consolidation above $4,100, with $7,000-$10,000 targets in the current cycle.
Ethereum has steadily reclaimed every major price level over the past two years. First $1,500, then $2,200, and now $4,000. Each threshold turned into support after being surpassed, building a strong market structure. The weekly chart now points toward five digits, with $10,000 appearing as a possible next target.
Ethereum Holds Strength Above $4,000
According to an observation by Merlijn The Trader, Ethereum advanced above $1,500, $2,200, and $4,000 while confirming each level as support during its rise. After crossing $4,000, the price reached $4,484 before retracing to $4,297. Current price action shows ETH holding above $4,200 with recovery momentum forming higher lows.
Ethereum is trading at $4,305.64, marking a daily increase of 0.51%, according to CoinMarketCap data. Market capitalization stands at $519.72 billion, which equals its fully diluted valuation since the circulating and total supply both stand at 120.7 million ETH. Daily trading volume reached $36.47 billion, though this reflects a 20.54% decline compared to the previous day.
Source: CoinMarketCap
Price movements during the session fluctuated between $4,279 and $4,325, with dips below $4,250 before rebounding. Market capitalization fluctuated between $510 billion and $525 billion, following the price action, the participation was consistent although the volume level was lower.
Technical Structure Points Toward Higher Targets
According to analysis prepared by CryptoGoos, ETH breakout is confirmed and moves into the play zone with $7,000 looking reasonable. The technical indicators indicate Ethereum is consolidating above the 20-day EMA, with the long term EMAs still being on an uptrend. Analysts suggest that maintaining support above $4,100 increases the probability of another bullish leg.
Source: CryptoGoos(X)
On-chain and derivatives data also support a constructive outlook. ETH ETF issuers continue to hold over 6.3 million ETH, valued just under $26 billion, despite recent outflows. These movements are viewed as profit-taking actions rather than long-term bearish positioning. Liquidity remains strong, with the volume-to-market-cap ratio at 6.81 percent.
Ethereum’s market cycle continues to reflect strong recoveries at every major resistance level reclaimed. With $4,000 now secured, the chart points toward the five-digit zone, making $10,000 ETH a visible target within the ongoing trend.
The post Ethereum Has Reclaimed $1,500, $2,200, and $4,000, Here’s Why Charts Now Point to $10,000 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.