Ethereum analysts predict a potential 130% price surge if the cryptocurrency maintains its $1,800 support level. Currently trading at approximately $2,100, Ethereum has shown a 4% weekly increase. Analyst Ali Martinez suggests that Ethereum's price action could form an ascending triangle, with $1,800 acting as a critical support level. If this support holds, Ethereum could rally to $4,900, nearing its all-time high of nearly $5,000 from August 2025. Other analysts, including Ted and ALTS GEMS Alert, share bullish sentiments. Ted emphasizes the importance of maintaining the $2,000 support to avoid a new yearly low, while ALTS GEMS Alert highlights a potential breakout from a descending channel, suggesting a price rise beyond $4,000. On-chain metrics, such as a decrease in Ethereum's exchange reserves to a near 10-year low, support this optimistic outlook, indicating reduced selling pressure as investors move towards self-custody. Additionally, Ethereum's Relative Strength Index (RSI) has fallen below 30, signaling oversold conditions and a possible price resurgence.