July 30, 2025
5 min read
Nancy Lubale
Ethereum’s ascending triangle breakout and strong institutional demand signal a potential surge to 6,700 in this cycle.
Here’s Why Some Ethereum Traders Expect ETH Price to Hit $16K This Cycle
Ethereum price is currently testing resistance at $4,000, forming an ascending triangle pattern that points to a potential breakout with a price target near $16,700.Key Takeaways
- Ether faces resistance at $4,000 but strong technical indicators and rising institutional demand could trigger a major price discovery phase.
- The ascending triangle pattern suggests ETH could reach as high as $16,700 in the 2025–2026 cycle. Ether is trading about 23% below its all-time high of $5,000 reached in November 2021. The $4,000 level remains a critical resistance point that many analysts believe Ether is poised to break, potentially igniting its biggest move of the current cycle.
- Ethereum Rally Strengthens, Market Shift Confirmed
- Is Ethereum Poised for a Rally in 2025?
- Top 3 AI Crypto Coins to Watch for the Next Bull Run
Ether Technicals Target a Five-Digit Price
Since hitting a cycle low near $880 in June 2022, ETH has surged over 300%. This rally has formed several bullish chart patterns on the monthly timeframe, signaling an impending upside breakout. Popular crypto investor Ivan On Tech highlighted a symmetrical triangle pattern on the monthly chart, projecting a target of $7,709 — a 105% increase from current prices.“Ethereum coiling up for its biggest move of the cycle,” said analyst Bitcoinsensus, emphasizing the significance of the symmetrical triangle breakout.
Crypto analyst Mikycrypto Bull pointed out an ascending triangle pattern forming over five years, which could spark a macro breakout and a major altseason if confirmed.
The breakout would occur if ETH surpasses the triangle’s resistance at $4,000. The measured move from this pattern suggests a target near $16,700 — more than 350% above current levels.
The monthly Moving Average Convergence Divergence (MACD) indicator has produced a bullish crossover, historically preceding sharp price increases. Previous MACD crossovers led to gains of 2,000% in the 2020-2021 cycle and 130% in late 2023.
Analyst Merlijn The Trader commented:
“Ethereum is setting up for a monster move, with a massive bullish monthly candle and fresh MACD crossover. Break $4,200 and $ETH will rip like in 2021.”Some traders are even more optimistic. Pseudonymous trader DeFi Dad suggested ETH could reach as high as $30,000 based on recent momentum.
Spot Ether ETFs See 18 Straight Days of Inflows
Spot Ether ETFs have recorded 18 consecutive days of net inflows, with $218 million added on Tuesday alone. Since their launch in July 2024, cumulative inflows have surpassed $9.6 billion.
Institutional demand is further supported by companies like SharpLink Gaming, which acquired 438,000 ETH worth over $1.69 billion, integrating Ether into corporate treasuries.
Bitwise CIO Matt Hougan highlighted a demand-supply imbalance, noting Ethereum’s network issues only 800,000 ETH annually against a projected $20 billion demand.
Strong ETF inflows, corporate accumulation, and Ethereum’s solid fundamentals underpin a bullish outlook for ETH’s price.
"$ETH ISN'T WAITING. THE STARS ARE ALIGNING.
– $5.15B in ETF inflows (16 days straight)
– Adopted as a treasury reserve asset
– +176% recovery from the lows
This isn’t retail hype, it’s institutional conviction.
Ethereum is no longer a bet. It’s infrastructure."
— Merlijn The Trader (@MerlijnTrader) July 27, 2025
This article does not contain investment advice. All trading involves risk; readers should conduct their own research.
Source: Originally published at Cointelegraph on July 30, 2025.