Ethereum price finally took out the $4,000 resistance level, and one analyst says ETH could hit $15,000 by May 2025.
Ethereum’s native token, Ether (ETH), has maintained a slow and steady rise over the past three weeks, rising 28% since Nov. 18. Despite a flash spike down to $3,615 on Dec. 5, the altcoin has sprung back and now trades above $4,000.
Ethereum 4-hour chart. Source: Cointelegraph/TradingView
Its yearly high value remains at $4,098, and the trend continues to form a higher high and higher low trend in the 4-hour chart. The relative strength index, or RSI, also looks healthy, where the indicator is currently below the overbought region.
