Ethereum (ETH) Targets $11K–$13K as Weekly Charts Reveal Bullish Structure

Ethereum's weekly chart just flashed a signal that has traders scrambling. The technical structure points toward a potential surge that could redefine the altcoin's price ceiling.

The Setup: A Pattern Emerges

Forget the daily noise—the real story unfolds on the higher timeframes. The weekly chart reveals a consolidation pattern that historically precedes major breakouts. Key support levels have held firm, while resistance zones show signs of weakening under consistent buying pressure. It's a classic accumulation phase playing out in plain sight.

The Target: Breaking the Ceiling

If the pattern completes its formation, the measured move projects a trajectory toward the $11,000 to $13,000 range. That's not a random guess; it's the mathematical extension derived from the current structure's depth and momentum. Each weekly close above critical moving averages adds fuel to the bullish thesis, suggesting institutional and long-term holders are positioning for the next leg up.

The Catalyst: Beyond the Lines

Charts don't move in a vacuum. This technical alignment coincides with fundamental upgrades to Ethereum's core protocol—enhancing scalability and reducing transaction costs for users. Meanwhile, traditional finance continues its slow, bureaucratic dance toward crypto adoption, always a step behind the actual money flow. The network's utility, not speculation, is building the foundation for this potential run.

The Verdict: Structure Over Hype

While influencers chase the next shiny meme coin, Ethereum's price action is methodically constructing a case for a historic rally. The $11K–$13K target isn't a moon-shot promise; it's a technical probability baked into the current market structure. Whether it gets there depends on the market maintaining its current conviction—and avoiding the self-sabotage Wall Street seems to export so efficiently.

Ethereum Momentum Signals Point to Consolidation and Strengthening

Technical indicators indicate that Ethereum is moving towards becoming stronger after a pullback. The RSI is in the middle to slightly bullish area in the chart, with higher lows and no bearish divergence. The above information confirms that the selling momentum is easing and that Ether is ready to make a higher run. The histogram in the MACD chart has contracted to the downside.

Although the range oscillator has retreated above zero, indicating that the volatility in the downside process has been reduced, the range indicator has begun to MOVE to the mid-range area. This historical indication suggests that the market will exhibit weak prices or will continue to demonstrate an uptrend. ETH’s weekly RSI is near 45-50, suggesting a strong uptrend.

Fibonacci Levels Define Long-Term Roadmap

Structurally, the possibility of an extended bullish run for Ethereum is evident. Using the Fib Extensions, the major target points include the first set of levels at 1.236 to 1.382 around $11,000 to $13,500, which correspond with earlier structural estimates. For the latter extensions at 1.618, 2.0, and 2.382, the target points include $17,000 to $43,000, with the most optimistic target estimated at $57,000 for the level at 2.618.