Ethereum is trading around $3,110–$3,580 through mid-November 2025, showing a mixed range characterized by consolidation and profit-taking.
According to historical data, ETH trended around $3,112 on some days and reached highs near $3,569 on others.
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ETH Next Target
- Price Range: $3,110–$3,580
- Market Cap: Approximately $395 billion
- Circulating Supply: 120.70 million ETH
- Total / Max Supply: No fixed cap; issuance is dynamic under Ethereum’s PoS model.
Price is in a downtrend, trading in a Channel Down pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for such a breakout, ideally above $3,450, with +15% potential upside to $4,000 thereafter.
Meanwhile, price has broken back below 200 SMA, which is a sign of downtrend and has reached $3,000 support.
That’s also the Channel support trendline where price could find support and bounce up. Price is also oversold (RSI ¬ 30).
Key Indicators & Market Signals
- ETH is holding a support range around $3,100–$3,200, which has been tested multiple times.
- Resistance is emerging in the $3,500–$3,600 zone — clearing this could signal renewed bullish strength.
- On-chain metrics remain strong: Layer-2 usage, staking participation, and gas usage all continue at meaningful levels.
- Whale accumulation is evident, and exchange outflows suggest some long-term holders remain confident.
- Macro risks — including interest rate uncertainty, regulation, and ETF dynamics — continue to shape Ethereum’s near-term potential.
Latest News Highlights
- Standard Chartered raised its year-end ETH forecast to $7,500, citing strong staking demand and increasing institutional adoption.
- Ethereum is being framed as “digital oil” by analysts, referencing its central role in powering DeFi, NFTs, and Layer-2 solutions.
- Research suggests that optimistic MEV (miner/executor value) activity in Layer-2 rollups is keeping competition for block space high — which may drive long-term demand for ETH.
Summary
Ethereum is consolidating in the $3,110–$3,580 range. Key support remains around $3,100–$3,200, while resistance near $3,500–$3,600 is acting as a barrier for the next leg up. On-chain fundamentals — including Layer-2 growth, staking, and MEV — remain strong, supporting ETH’s long-term case.
However, macro headwinds and profit-taking could continue to cap upside in the near term.
If stability returns and ETH breaks above $3,600, it could aim for $4,000+. On the flip side, a breakdown below $3,100 could see a test of lower zones.
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