Ethereum’s Bullish Breakout: Targeting $7,800 as Key Resistance Turns to Support
Ethereum's recent price action has sparked optimism among analysts, as the cryptocurrency demonstrates a clear breakout-retest pattern on the daily chart. Having flipped a critical resistance zone into support, Ethereum is now poised for a potential surge toward the $7,800 mark. Chart analyst Merlijn The Trader highlights this as a "classic breakout-retest pattern," suggesting the setup could lead to significant upward momentum. As of November 2025, Ethereum's bullish trajectory continues to draw attention, reinforcing its position as a leading digital asset in the crypto market.
Ethereum Eyes $7,800 Breakout After Flipping Key Resistance
Ethereum's recent price action has caught the attention of analysts, with a clear breakout-retest pattern emerging on the daily chart. The second-largest cryptocurrency by market cap has flipped a critical resistance zone into support, signaling potential for significant upside.
Chart analyst Merlijn The Trader describes the MOVE as a "classic breakout-retest pattern," suggesting the setup could precede what he calls "monster moves." The $7,800 price target comes into focus as ETH demonstrates strength in its technical structure.
Market sentiment remains cautiously optimistic. While some traders point to volume confirmation and historical precedents supporting the bullish case, others warn of potential short-term retracements should the newly established support fail to hold.
Institutional interest continues to bolster Ethereum's case. Fundstrat's Tom Lee maintains that ETH remains "significantly undervalued," adding fundamental weight to the technical breakout narrative.
Ethereum Eyes Resistance at $4270 Following CoinShares ETF Approval
Ethereum gains institutional traction as the U.K. approves CoinShares' ETH ETF, marking a pivotal step in crypto financialization. The asset now tests key resistance at $4,270 amid cooling short-term momentum.
Technical indicators show ETH maintaining support levels despite weakening bullish pressure. The RSI decline and MACD convergence suggest a potential consolidation phase before further upside.
Market observers highlight the ETF approval as a watershed moment. "The world is moving on-chain," declared Merlijn The Trader, noting opened floodgates for institutional participation in ethereum markets.
Ethereum Eyes $4,600 Breakout as Technicals and Institutional Demand Align
Ethereum's price action suggests a potential rally toward $4,600, with weighted moving average (WMA) pullbacks and institutional accumulation forming the foundation for the next leg up. Analyst The-Thief identifies $3,700-$3,900 as strategic accumulation zones where smart money enters before major breakouts.
The 'Liquidity Thief' strategy capitalizes on retracements to WMA support levels, framing them as buying opportunities rather than weakness. A sustained hold above $3,500 keeps the bullish thesis intact, while a break past $4,100 resistance could accelerate momentum toward the $4,600 target.
Ripio Launches wARS Stablecoin, Expanding RWA Adoption in Argentina
Latin America's cryptocurrency landscape has reached a pivotal moment with Ripio's launch of wARS, Argentina's first peso-backed stablecoin. The Buenos Aires-based blockchain giant, serving over 25 million users across eight countries, is pioneering tokenized local currencies to facilitate borderless financial operations.
wARS operates on Ethereum, World Chain, and Coinbase's Base network, enabling instant cross-border payments, QR transactions, and DeFi yield opportunities. Ripio's strategic expansion includes plans for additional local currency stablecoins, positioning the company as a regional crypto-payments leader.
The stablecoin eliminates traditional banking constraints, offering 24/7 financial access. This development accelerates crypto adoption in Latin America while demonstrating the growing institutional embrace of real-world asset tokenization.
Ethereum Emerges as Main Capital Hub After ZKsync Atlas Upgrade
Ethereum has solidified its position as the central capital hub for ZKsync's expanding network following the launch of the Atlas upgrade. The update delivers over 15,000 transactions per second (TPS), 1-second zero-knowledge (ZK) finality, and near-zero fees, marking a significant leap in scalability and efficiency.
Vitalik Buterin, Ethereum's co-founder, publicly praised ZKsync's contributions to the ecosystem, calling them "underrated and valuable." His endorsement underscores the growing importance of Layer-2 solutions in Ethereum's infrastructure evolution.
The Atlas upgrade redefines liquidity flow between Layer-1 and Layer-2 networks, creating a more unified environment for both retail and institutional participants. This structural shift positions Ethereum as the primary settlement layer for ZKsync's high-throughput transactions.
Ethereum (ETH) Price Prediction: Technical Bounce at $3,800 Signals Potential Rally to $6,500
Ethereum is gathering momentum after a month of consolidation, with its price stabilizing NEAR $3,860—a level that underscores bullish resilience. Analysts interpret this as a precursor to a significant breakout, bolstered by bullish divergence on ETH/USD charts and sustained institutional interest. The $3,800 support zone now serves as a critical launchpad for upward movement.
Technical indicators reveal extreme oversold conditions, with the Stochastic RSI at 3.76—well below the 20 threshold. Historical parallels suggest explosive gains: a similar setup in October 2023 preceded a 165% surge within five months. A descending triangle pattern near $3,500 further reinforces the bullish case. "Whale accumulation and robust on-chain metrics heighten the odds of a sustained rally," notes crypto strategist Mister Crypto.