ETH Price Prediction: Targeting $4,295 by November 4th with Potential Rally to $5,765

ETH Price Prediction: Targeting $4,295 by November 4th with Potential Rally to $5,765 - Blockchain.News

As Ethereum trades at $3,866.31 on October 31, 2025, technical indicators are painting an increasingly bullish picture for ETH despite recent consolidation. Our comprehensive ETH price prediction analysis suggests a significant move higher is brewing, with multiple analysts converging on similar upside targets.

ETH Price Prediction Summary

• ETH short-term target (1 week): $4,295 (+11.1%) • Ethereum medium-term forecast (1 month): $4,100-$5,765 range
• Key level to break for bullish continuation: $4,292 • Critical support if bearish: $3,435

Recent Ethereum Price Predictions from Analysts

The latest Ethereum forecast from leading analysts shows remarkable convergence on bullish scenarios. CoinCodex leads with the most specific ETH price prediction, targeting $4,295.43 by November 4th, representing an 11% upside from current levels. This prediction is backed by their observation that despite a recent 8.92% monthly decline, Ethereum's medium-term trend remains constructive with a 3.97% quarterly gain.

FOREX24.PRO presents the most aggressive ETH price target above $5,765 in the short term, suggesting a potential 49% rally. Their Ethereum technical analysis identifies a crucial support test near $3,425, which aligns closely with our identified strong support at $3,435. Meanwhile, U.Today takes a more cautious approach in their Ethereum forecast, expecting an initial correction to $4,100 before any significant upward movement.

The market consensus reveals cautious optimism, with all three predictions acknowledging short-term volatility but maintaining bullish medium-term outlooks. This convergence in analyst sentiment typically signals higher probability outcomes for ETH price movements.

ETH Technical Analysis: Setting Up for Bullish Breakout

Current Ethereum technical analysis reveals a compelling setup for upward price action. The MACD histogram at 3.0767 indicates bullish momentum is building, while the RSI at 43.79 sits in neutral territory with plenty of room for upward movement before reaching overbought conditions.

ETH's position within the Bollinger Bands at 0.30 suggests the price is in the lower portion of the recent trading range, historically a favorable entry zone. The immediate resistance at $4,292 represents the first significant hurdle, aligning perfectly with CoinCodex's ETH price prediction target.

Volume analysis from Binance shows $1.99 billion in 24-hour trading, indicating healthy institutional interest. The 2.02% daily gain demonstrates buyers are stepping in at current levels, supporting the bullish Ethereum forecast scenarios.

Moving average analysis reveals ETH trading below shorter-term averages (SMA 7: $3,969, SMA 20: $3,967) but well above the crucial SMA 200 at $3,328, confirming the overall bullish trend remains intact despite recent consolidation.

Ethereum Price Targets: Bull and Bear Scenarios

Bullish Case for ETH

The primary bullish ETH price target sits at $4,295, requiring a break above immediate resistance at $4,292. Success at this level opens the door to the stronger resistance zone at $4,769, representing a 23% upside potential.

For the most aggressive Ethereum forecast to materialize, ETH must reclaim the $4,500 psychological level and maintain momentum through the previous high near $4,832. A break above this level could indeed target the $5,765 zone mentioned by FOREX24.PRO, though this represents a more extended timeframe scenario.

Technical confirmation for bullish continuation includes RSI moving above 50, MACD line crossing above the signal line, and sustained volume above the 30-day average.

Bearish Risk for Ethereum

The primary downside risk in our ETH price prediction centers on a break below the pivot point at $3,811. Such a move would target immediate support at $3,674, with a more significant breakdown potentially testing the strong support zone at $3,435.

A bearish Ethereum technical analysis scenario would involve RSI falling below 40, MACD histogram turning negative, and volume declining on any bounce attempts. The critical $3,425 level identified by multiple analysts represents the line in the sand for maintaining bullish medium-term prospects.

Should You Buy ETH Now? Entry Strategy

Based on current Ethereum technical analysis, the answer to "buy or sell ETH" leans bullish with specific entry parameters. Aggressive traders can consider accumulating at current levels around $3,866, with a stop-loss below $3,674 to limit downside risk.

Conservative investors should wait for either a breakout above $4,292 for momentum confirmation or a pullback to the $3,700-$3,750 support zone for better risk-reward positioning. Position sizing should account for the 5-7% stop-loss distance to the nearest support level.

The optimal entry strategy involves scaling into positions, buying 50% at current levels and reserving additional capital for either breakout confirmation above $4,300 or support zone testing near $3,700.

ETH Price Prediction Conclusion

Our comprehensive analysis supports a medium-to-high confidence ETH price prediction targeting $4,295 by November 4th, with potential extension to $4,500-$4,800 through November. The Ethereum forecast becomes increasingly bullish if ETH can break and hold above $4,292 resistance.

Key indicators to monitor for prediction validation include MACD line crossing above -78, RSI sustaining above 45, and daily volume remaining above $1.5 billion. Invalidation signals include a break below $3,674 support or RSI falling below 40.

The timeline for this ETH price prediction spans 1-4 weeks, with the initial $4,295 target achievable within the next week if current momentum continues. Extended targets toward $5,765 represent a 6-8 week scenario requiring broader crypto market cooperation and sustained institutional buying interest.

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