If Ethereum (ETH) decisively breaks above the $4,000 level, it is predicted to move towards $4,900 and potentially exceed $6,000.
"For the bulls to really take the lead, there's a lot of work required. At the very least, a break above the upper boundary line of the trend channel better, a decisive break above the $4,000 level, which is the 78.6. six retracement of the last decline and that would be a good signal that the bulls have started to take over and are on their way to round about 4,900 which is the August high and then possibly even higher to $6,000 plus."
