ETH Coin Price Prediction: 3 Key Targets After Breaking $3,000 Support

• Ethereum has moved above the upper line of its falling wedge pattern, opening the potential for a broader trend reversal. The breakout highlights key upside targets while market participants assess regulatory and economic pressures.

• ETH is now holding above the key $3,000 support zone, which is viewed as the critical level that could validate continuation toward higher price targets. The breakout from the falling wedge formation on the daily chart signals the potential start of a broader bullish reversal.

• The proposal and risks section outlines that simultaneous regulatory discussions remain a risk factor for the broader digital-asset sector. Various tax changes under consideration could threaten operational stability for smaller entities, raising concerns about potential bankruptcies and accelerating the outflow of qualified specialists. Although the chart indicates improving momentum for ETH, structural risks tied to proposed fiscal adjustments remain part of the market narrative, influencing sentiment and liquidity conditions.

ETH is now holding above the key 3,000 support zone, which could validate continuation toward higher price targets at 3,400, 3,800, and 4,250.

• The financial impact and alternative portion explains that policymakers expect measurable budget revenue gaps if the new tax model suppresses market activity. Industry groups have countered with a proposal to increase profit-tax contributions instead, arguing this measure would generate revenue without destabilizing firms dependent on active trading volumes. The broader context includes several interconnected amendments that could influence employment levels and affect both personal income tax and profit-tax flows. These wider economic considerations emerge as part of the environment in which ETH’s technical breakout is unfolding.

• Ethereum’s breakout places $3,400, $3,800, and $4,250 as the next major upside levels. The combination of price-pattern improvement, regulatory uncertainty, and shifting macro conditions illustrates how ETH Coin forecasts now reflect both technical signals and policy-driven factors that may shape market behavior in the coming months.

My Take: The wedge breakout above $3,000 is technically significant, but regulatory headwinds could cap gains. If ETH holds this level through year-end, momentum toward $3,400+ looks realistic for Q1 2025.

Source: CryptoPulse