Ethereum price analysis: Could ETH reach $9,700?

By Sajjal Ali - Crypto Journalist
Disclaimer: Cryptocurrencies are a high-risk asset class. This article does not constitute investment advice and is provided for informational purposes only. You could lose all of your capital.
Ethereum
Cover illustration/art via BTCRead. Image combines content, which may include AI-generated ideas.

Ethereum (ETH) is currently trading at $4,479.82. It is lower by approximately 2% since yesterday. $36.3 billion in ETH was traded in the last 24 hours, a drop by 15.5%. ETH has gained by 4.4% in the last seven days and is holding steady at approximately $4,480. Investors are cautiously optimistic. In the short term, sentiments are weak by a slight amount, yet long-term sentiments are positive.

Source: CoinMarketCap

Traders are monitoring ETH as it gets close to a resistance line at $5,000. If it breaks through this line, it would target $5,500, giving a potential gain of 10%. If it moves down toward the $4,000 support line, there could be a potential trade yielding up to a gain of 20%. They are hoping for clear signs before proceeding.

RSI remains neutral amid volatile trading

CoinCodeCap Trading noted that Ethereum (ETH) was recording significant positive action in the short-term, medium-term, and long-term. At the moment, the price is heading towards a major resistance level at $5,000. Investors should be careful since ETH may be rejected at that level.

The support levels are $4,000 and $3,450, and resistance lies at $5,000. If ETH is not able to cross $5,000, it would drop very soon down to $4,000. The fast-moving nature of the market allows for fast profit taking. Owing to this volatility, Ethereum is attractive for short-term trades and also for long-term investment.

Source: X

ETH price predictions for 2025

DigitalCoinPrice predicts that the Ethereum price can reach $9,747.78 by December 2025. Before that, it can reach $4,953.73. Experts are of the opinion that the Ethereum price will stay between $8,897.12 and $9,747.78 in the coming months.

Changelly prediction for the price of Ethereum is $3,169.19-$4,340.79, and the average is $5,512.39. In August 2025, ETH could be $4,575.07 or $4,717.76. Analysts predict there will be a 20.1% gain in this period.

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Sajjal Ali is a freelance writer & editor with 5 years of experience in crypto, tech, and statistical writing. Susan holds a bachelor’s degree in science (BSc).
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