ETH Price Prediction: Bullish Setup and Upcoming Technical Upgrade Hints at a Potential Rally to $5K, EV2 Token Stands Out

Ethereum forms a bullish curved trendline structure ahead of the Fusaka upgrade, raising fresh breakout expectations toward the $5K region. EV2 presale tops 2025’s standout early gaming projects.

Ethereum is entering the third week of November with a mix of signals. While the network is quietly handling higher throughput from Layer 2s, and developers eye a major protocol upgrade that could change Ethereum’s capacity heading into next year, the price has remained constrained around $3,100. 

However, on-chain metrics give a glimpse of hope for Ethereum (ETH). With exchange reserves drifting lower, and with the Fusaka upgrade now on the calendar, the conversation has shifted from wondering whether Ethereum can move higher to what would trigger the next clean breakout.

ETH Price Analysis: Bullish Setup Hints at $5K–$6K Range

Ethereum is currently trading around $3,186, as indicated by the daily chart on TradingView. But the price alone doesn’t tell the whole story. Ether has developed a curved trendline that has slowly pulled the market into a tighter structure. 

Looking at the chart, each dip is smaller than the last, and buyers appear more comfortable stepping in earlier instead of waiting for deeper lows. As a result, the curved trendline is converging. This chart formation tends to indicate that bullish momentum is imminent.

The price target for the bullish rally sits between $5,000 – $6,000. However, the rally must be backed by strong volume inflows and favorable macroeconomic conditions. 

Ethereum (ETH) forms a Curved Trendline, Hinting at a Possible Rally to $5K-$6K Range | Source: TradingView

But the parabolic move is not guaranteed. Traders must be aware of how quickly market sentiment can shift. However, the structure generally appears poised for a bullish run. 

Upcoming Fusaka Upgrade to Drive Momentum to $5,000?

The Fusaka upgrade, planned for early December 2025, introduces two changes that Ethereum developers have discussed for years. The first, known as PeerDAS, restructures how data is shared across the network. 

Ethereum developers aim to reduce bandwidth requirements and give rollups more breathing room with this upgrade. If successful, the upgrade may also reduce fees on Layer 2 networks allowing the ecosystem to handle higher throughput without putting much pressure on the nodes.

The second change; Verkle Trees – brings an updated state structure that allows nodes to verify data faster and with less hardware demand. Developers expect this to help smaller devices participate more easily, which may strengthen decentralization over time. Estimates show that Ethereum’s effective block space could move toward 150 million gas, though the final number depends on how rollups integrate the new tools. 

While the upgrade doesn’t promise a price reaction on its own, it creates conditions that often support long-term trend expansion and could potentially open the door for a run to $5,000. 

EV2 Token Presale Stands Out as the Best Presale of 2025

EV2 token is drawing significant attention going into the last few weeks of 2025. This token is designed to power Funtico’s Earth Version 2 in-game economy.  

The game sets players on a newly discovered planet, where they encounter remnants of an alien civilization. Funtico has built the experience around a looter-shooter format with a play-to-own economy. Roles like Brute, Cloaker, and Valkyrie give the game a class-based feel. Players will also have a chance to enjoy both PvE and PvP encounters while gathering alien tech.

EV2’s token supply is fixed at 2.88 billion, with 40% allocated to early adopters in the presale round. Currently, 86% of the presale tokens have been sold. 

To participate, early adopters have the opportunity to pay with ETH, BTC, BNB, SOL, USDC, USDT, and a credit card. The presale round is also offering bonuses, including Mystery Boxes, NFT awards, and a $500,000 giveaway. All purchases over $1,000 receive a 10% bonus in TICO tokens.

Funtico plans to launch the game in Q2 of 2026. The official launch is expected on the Epic Games Store, Steam, and later on consoles. 

Charting Ethereum’s Path, 2025 and Beyond

Ethereum’s long-term direction will depend on how smoothly the Fusaka upgrade lands and how quickly the broader ecosystem adapts to the expanded capacity. If Layer 2 networks integrate PeerDAS and Verkle Trees without friction, Ethereum could strengthen its position across DeFi, NFT markets, restaking protocols, and enterprise use cases. Stronger fundamentals usually attract more liquidity, although the timing of that flow is impossible to predict.

A confirmed breakout above the curved trendline would put the $5,000–$6,000 zone back into discussion. A neutral outcome would keep ETH trapped between $3,000 and $3,500 while developers and rollup teams absorb the upgrade. A drop below $3,000 would open the door to a deeper correction if macro conditions weaken. 

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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