TLDR: Ethereum price is coiling tightly, with RSI breakout signaling possible near-term movement. RSI movements often lead Ethereum price, pointing to a potential $3,400 test. FUSAKA upgrade scheduled for Dec 3, 2025, may influence market trends. Historical Pectra upgrade showed 55% gain in 35 days and 168% in 109 days. Ethereum is showing early technical [...] The post Ethereum Technical Signals Point to $3,400 Test Ahead of FUSAKA Upgrade appeared first on Blockonomi.TLDR: Ethereum price is coiling tightly, with RSI breakout signaling possible near-term movement. RSI movements often lead Ethereum price, pointing to a potential $3,400 test. FUSAKA upgrade scheduled for Dec 3, 2025, may influence market trends. Historical Pectra upgrade showed 55% gain in 35 days and 168% in 109 days. Ethereum is showing early technical [...] The post Ethereum Technical Signals Point to $3,400 Test Ahead of FUSAKA Upgrade appeared first on Blockonomi.

Ethereum Technical Signals Point to $3,400 Test Ahead of FUSAKA Upgrade

2025/11/30 03:32
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

TLDR:

  • Ethereum price is coiling tightly, with RSI breakout signaling possible near-term movement.
  • RSI movements often lead Ethereum price, pointing to a potential $3,400 test.
  • FUSAKA upgrade scheduled for Dec 3, 2025, may influence market trends.
  • Historical Pectra upgrade showed 55% gain in 35 days and 168% in 109 days.

Ethereum is showing early technical signals ahead of the FUSAKA upgrade. 

The cryptocurrency is trading in a tight range, indicating low volatility. The Relative Strength Index (RSI) has already broken out. Price action is currently lagging behind momentum indicators.

The RSI breakout suggests potential movement in the near term. Analysts are noting that Ethereum may test higher levels. Technical indicators are being closely monitored. Traders are observing the coiling price pattern for signs of a breakout.

Ethereum Technical Setup

Ethereum’s price is coiling tightly, suggesting a period of consolidation. According to Merlijn The Trader, “Price is coiling tight. RSI already broke out. Moves like this don’t stay quiet for long.” RSI movements often precede price changes. Momentum indicators are signaling possible upcoming activity.

The breakout in RSI points to potential price tests. Ethereum’s price tends to lag behind RSI movements. Observers are identifying $3,400 as a possible next level if momentum continues. Technical setups are being closely tracked.

Merlijn notes that momentum is shifting, which could influence near-term price action. RSI is considered a leading indicator in technical analysis. Traders are watching consolidation and breakout patterns. Indicators provide signals ahead of price changes.

FUSAKA Upgrade Could Influence ETH Price Action

The FUSAKA upgrade is scheduled for December 3, 2025. Crypto Patel highlighted that the previous Pectra upgrade on May 7, 2025, triggered notable gains for Ethereum. Data shows a 55% increase within 35 days and 168% in 109 days post-upgrade. Historical patterns are being analyzed for potential trends.

Using the Pectra fractal as a reference, post-FUSAKA targets are $4,500 by January 7, 2026, and $7,800 by March 22, 2026. These projections are based on prior upgrade movements. Traders are observing these levels for reference. The FUSAKA upgrade may influence market behavior in the near term.

Crypto Patel advises that market reactions can vary despite historical trends. Observers continue to track Ethereum’s price and technical indicators. The FUSAKA upgrade is a focal point for upcoming activity. Market data is being analyzed in real time.

Ethereum is showing technical signals alongside an upcoming network upgrade. Price may test higher levels if current momentum continues. 

The post Ethereum Technical Signals Point to $3,400 Test Ahead of FUSAKA Upgrade appeared first on Blockonomi.

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