Ether (ETH) traded near a level that previously marked the market's bottom as classic chart patterns suggested a possible rally to $5,000.
Key Takeaways:
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Ether price has been trading closer to its realized price, which has historically been a buying opportunity that has led to large rallies.
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A V-shaped recovery and falling wedge patterns are emerging, targeting an ETH price of $5,000.
Ether price is poised for a parabolic rally
The ETH/USD pair fell 45% to a multi-month low of $2,621 on November 21 after hitting a high of $4,758 on October 7.
This drop caused the worth to fall near the realized price of whales with greater than 100,000 ETH, as shown within the chart below.
This refers to the common price that each one current holders of greater than 100,000 ETH paid to buy Ether.
“Only 4 times within the last five years has ETH traded very near the realized price by whales holding no less than 100,000 ETH,” said CryptoQuant analyst Onchain in its latest Quicktake evaluation, adding:
“Two of those occurred throughout the 2022 bear market, while the remaining two occurred this yr.”
In April, ETH price recovered from this level and rose 260% to its current all-time high of $5,000.
Realized price for whales with greater than 100,000 ETH. Source: CryptoQuant
“$ETH is currently trading on the realized price of the most important holders,” said analyst Quentin Francois in a recent X post, adding:
“This is historically a buying opportunity.”
The price of Ether rebounded from this trendline on November 22 and was trading 23.5% higher at $3,238 on Friday.
If history repeats itself, ETH could rise as high as $5,000, driven by increased demand from Ethereum financial firms and the return of spot ETF inflows.
Ether technical charts goal ETH price at $5,000
Ether price technical data draws a V-shaped recovery chart pattern on the weekly chart as shown below.
ETH is retesting the 50-week easy moving average (SMA) at $3,300. Bulls have to push the worth above this level to extend the probabilities of the worth rising to the neckline at $4,955 and completing the V-shaped pattern.
Such a move would represent a 53% increase from the present price.
ETH/USD weekly chart. Source: Cointelegraph/TradingView
Multiple analysts say ETH has the potential to rise to $5,000 in 2026, with Satoshi Flipper saying a falling wedge pattern predicts an enormous breakout for the altcoin.
“$4800 ETH is closer than most individuals think.” 
ETH/USD day by day chart. Source: Satoshi Flipper
As Cointelegraph reported, Ether's inverted head and shoulders (IH&S) formation against Bitcoin (BTC) suggests a possible 80% rally in 2026, translating to ETH price above $5,800.
This article doesn’t contain any investment advice or recommendations. Every investment and trading activity involves risks and readers should conduct their very own research when making their decision. While we attempt to supply accurate and up-to-date information, Cointelegraph doesn’t guarantee the accuracy, completeness or reliability of the knowledge in this text. This article may contain forward-looking statements which are subject to risks and uncertainties. Cointelegraph is not going to be responsible for any loss or damage arising out of your reliance on this information.
This article doesn’t contain any investment advice or recommendations. Every investment and trading activity involves risks and readers should conduct their very own research when making their decision. While we attempt to supply accurate and up-to-date information, Cointelegraph doesn’t guarantee the accuracy, completeness or reliability of the knowledge in this text. This article may contain forward-looking statements which are subject to risks and uncertainties. Cointelegraph is not going to be responsible for any loss or damage arising out of your reliance on this information.
