Despite the recent volatility, market watchers are closely monitoring Ethereum price movements for signs of a parabolic uptrend.
Ethereum holds major support at $3,900
According to cryptocurrency analyst Ali (@ali_charts), $3,900 remains an important support area for Ethereum. In a recent technical analysis, Ali emphasized that if this level continues, the price of Ethereum may rise towards $5,000 or even $6,000.
Ethereum finds strong support at $3,900, where MVRV pricing ranges indicate a potential rally towards $5K-$6K. Source: @ali_charts via X
The analysis uses MVRV extreme skew pricing ranges, showing the ETH/USD price swing from lows at $1,763 to highs near $6,035, with the current price hovering just above the $3,900 average. This indicator highlights periods of overvaluation or undervaluation, providing a potential roadmap for the next upward move.
Potentially rewarding signals for optimism
Mister Crypto (@misterrcrypto) also flagged Ethereum for a potential parabolic phase. Sharing a long-term ETH/USD chart spanning from 2016 to the forecast 2027, the analyst highlighted historical upward moves and current trendline breakouts. “$ETH is about to go parabolic. Spot something,” Mister Crypto said.
Ethereum looks set for a parabolic rally – trust the momentum! Source: @misterrcrypto via X
The chart suggests that consolidation after the recent rally may precede new highs, with some estimates predicting that ETH could reach levels significantly beyond its current trading range if market conditions and investor sentiment are in line.
Technical structure and market trends
AltcoinGordon (@AltcoinGordon) added that despite the changes in Ethereum’s market structure, the path towards $5,000 remains intact. Binance’s latest chart shows prices consolidating near $2,642 historically, but ETH’s current trading around $4,100 is in line with analyst expectations for further gains. “The structure has changed. But the plan has not. From $ETH to $5k next. Easy,” Gordon wrote.
Ethereum ($ETH) market structure changes, but target remains $5k beyond that! Source: @AltcoinGordon via X
Market factors supporting this outlook include whale accumulation, potential ETF inflows, and macroeconomic elements such as M2 money supply coverage. However, Ethereum still experiences daily volatility of 3-10%, underscoring the importance of cautious optimism.
Ethereum price analysis and forecast
As of October 15, 2025, Ethereum is trading at around $4,000, just below its all-time high of $4,946. Technical indicators, including MVRV extreme divergence bands, suggest that holding support at $3,900 could spur a significant rally. However, analysts warn that volatility and broader cryptocurrency market dynamics could impact the timing and magnitude of this potential uptrend.
Ethereum (ETH) was trading at around $3,944, down 4.43% over the past 24 hours at press time. Source: Ethereum price via Brave New Coin
We advise investors and traders to closely monitor key levels, especially around $3,900, taking into account technical analysis and market sentiment. With historical bull phases providing context, Ethereum could be positioned for a notable upward movement, potentially reaching $5,000 and above.