Ethereum Faces One More Test to $4K, Will it Pass?

⚡ KEY TAKEAWAYS

Ethereum has broken out of a descending wedge and now faces key resistance around $3,400.
From there, market watchers project potential short-term targets between $3,800 and $4,000.
The asset is currently leading major cryptocurrencies in weekly performance.

Ethereum recently broke out of a descending wedge triangle and analysts believe it could be on its way to higher prices up to $4,000 in the short term. However, hurdles still lie on the way that it must overcome in order to reach this level.

Crypto analysis platform CryptoPulse in its analysis confirmed that Ethereum has broken out of bearish control, but it must clear the major resistance above $3,400 to confirm the bullish reversal and continue with its upward movement.

Ethereum on the Way to $4,000

Ethereum successfully broke out of the descending triangle earlier this week and analysts anticipated its rise to higher prices. At the time, CryptoPulse said the asset needed to break and hold above the $3,000 price to confirm this breakout, which it has already done and is now trading at $3,247.

Having crossed this hurdle, the trading experts say that the coin now needs to break and hold above $3,400 for the confirmation of another leg up. If it succeeds at this, they see the price heading towards $3,800 and eventually $4,000. This is the initial expectation for Ethereum at the moment, but potentials could be a much higher price.

📊 Ethereum Outlook — Breakout, But One More Test Ahead$ETH has successfully broken out of its descending channel, a positive structural shift that signals weakening bearish control.

However, for full bullish confirmation, Ethereum still needs to clear one major resistance… pic.twitter.com/mGGENA1J9U
— CryptoPulse (@CryptoPulse_CRU) December 12, 2025

Other analysts share in the sentiment towards Ethereum, with some projecting a price of up to $7,000. Another crypto analysis platform Bitcoinsensus on X said this price is attainable within the next few months as ethereum is currently sitting on a major support with a broadening channel rather than resistance.

$ETH Could Hit $7,000 In the Coming Months 📈💥

This broadening channel suggests that this scenario has a high probability of happening.

Remember, we are currently at support… Not resistance.#Ethereum pic.twitter.com/E1DLzvW4h7
— Bitcoinsensus (@Bitcoinsensus) December 10, 2025

The question now is whether Ethereum can break through the key $3,400 resistance to reach the new price levels that analysts say it can reach. This will depend partly on the general market sentiment, although the coin already has a bullish positioning.

Ethereum Leads Top Coins in Weekly Gains

Ethereum has held above $3,000 for some days now, and has managed to show strength over the last seven days. This is shown by the fact that it is currently the asset with the highest recorded gains in the last week.

The coin has gained 3.40% during this period according to Coinmarketcap, making it the leader by far. If this momentum is sustained, Ethereum may be on its way to the predicted prices and probably higher.