Ethereum Charts a Course for a Massive Bull Run
Ethereum (ETH) is flashing strong bullish signals, with key momentum indicators aligning to suggest a potential parabolic surge. After enduring weeks of volatile and indecisive price action, the ETH/USD 3-day chart has now printed a crucial MACD bullish crossover, a technical event that has historically preceded significant rallies for the second-largest cryptocurrency. This setup is poised to lay the groundwork for a sustained upward trend throughout 2026.
Bullish MACD Crossover Points to Significant Upside
Crypto analyst Jevon Marks highlights a recent MACD bullish crossover for Ethereum, visible on the 3-day chart, where the MACD line has crossed above its signal line from below. This is not an isolated incident; a similar bullish crossover was observed in April 2025, following a prolonged period of consolidation. That earlier signal marked the beginning of a multi-month rally, eventually propelling Ethereum to a new all-time high of $4,946 in August 2025, surpassing its previous record from November 2021. This historical precedent lends considerable weight to the current signal, indicating a potential repeat performance. The price action following the April 2025 crossover demonstrates a pattern of initial stabilization followed by higher lows. Once the $2,000 resistance broke, the rally gained significant momentum, pushing ETH from the mid-$2,000 range to over $4,800. Currently, Ethereum is trading around the $3,300 region. The present technical posture suggests that the bearish momentum has faded, and buying pressure is now beginning to dominate the market.
Key Price Targets and Future Projections
Jevon Marks' updated outlook projects that Ethereum is on the cusp of a comparable rally, aiming for new all-time highs. The immediate significant resistance level to watch is $4,811.71, a price point that proved challenging during the previous rally in 2025. A decisive breakthrough and sustained hold above this level would confirm that Ethereum has successfully exited its corrective phase and entered a broader expansionary movement. Should this breakout occur as anticipated, the measured move from the chart's technical patterns indicates a forward target of $8,557.68. This ambitious target is based on the magnitude of Ethereum’s last MACD-driven advance, implying a potential 160% increase from its current price levels. Investors and traders will be closely monitoring these key resistance levels as Ethereum navigates towards what could be its next major bull wave.
