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Experienced crypto analyst pointed to the $5,000 level for Ethereum (ETH).

A crypto analyst who stands out with his successful predictions in recent days made a price prediction about Ethereum. The analyst, who emphasized that Ethereum performed a healthy correction to the $3,300 level with the recent declines last week, stated that the next target will be the all-time high level.

Indicating that there is very little resistance on the way to the top and implying that these can probably be easily overcome, the analyst noted that the first valid target could be $5,000 and above.

Stating that he does not intend to sell Ethereum up to his set target of $5,000, the analyst said the following in his statement:

It looks like Ethereum has successfully completed its $3,300 correction. There is very little resistance ahead of the new all-time highs. I will hold my bags much higher. Bring on over $5,000.

According to CoinGecko data, Ethereum, which lost 1.3% in the last 24 hours, is currently trading at $3,541.

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