cryptd.in

Alternative LinkedIn pour les talents crypto-compatibles

Ethereum Flashes Golden Cross On Daily Chart – Is A New ATH Within Reach?

Ethereum (ETH), the second-largest cryptocurrency by market cap, may finally be awakening from its slumber. It recently flashed a bullish golden cross on the daily chart – a signal that has many crypto analysts forecasting a potential new all-time high (ATH) in the near future.

Ethereum Flashes Bullish Golden Cross

In an X post published today, crypto analyst Titan of Crypto noted that ETH has formed a golden cross on its daily chart. He shared the following chart and remarked that bullish momentum appears to be building for Ethereum.

titan

To explain, a golden cross is a bullish technical pattern that occurs when a short-term moving average (MA) – typically the 50-day – crosses above a long-term MA like the 200-day. It signals a potential shift in momentum and is often seen as an indicator of a sustained upward trend.

Meanwhile, seasoned crypto analyst Ali Martinez commented on ETH’s recent price action. He noted that Ethereum has broken resistance on the 4-hour chart and could be setting up for a move as high as $2,920 in the coming days.

ali

Fellow market commentator Ted Pillows echoed a similar view. He stated that ETH is currently trading at a local range high, pushing against a key resistance level at $2,800. Pillows suggested that the digital asset might reach $4,000 later this month.

ted

Multiple technical indicators and market structure patterns are also hinting at near-term upside for ETH. For instance, crypto trader Merlijn The Trader observed a hidden bullish divergence on the 12-hour chart.

merlijn

A hidden bullish divergence occurs when price forms a higher low, while a momentum indicator – such as RSI or MACD – forms a lower low. This setup suggests that although momentum appears weak, the underlying trend remains intact, and a price continuation to the upside is likely.

In a similar vein, digital assets analyst Crypto Caesar pointed out that Ethereum’s Wyckoff Accumulation pattern is “still playing out perfectly.” He shared a chart predicting that ETH may hit a new all-time high by August 2025.

caesar

All Indicators Point To Further Upside

Beyond the technical patterns, other on-chain and market indicators continue to support the bullish thesis. For instance, even after gaining over 11% in the past two weeks, Ethereum’s funding rates remain relatively neutral – a sign that the rally may still have room to grow.

Additionally, ETH is eyeing a potential breakout to $3,500, with its price projected to surge above the crucial 50-day exponential moving average (EMA). At press time, ETH trades at $2,740, up 6.8% in the past 24 hours.

ethereum


Commentaires

Laisser un commentaire

Votre adresse e-mail ne sera pas publiée. Les champs obligatoires sont indiqués avec *

Derniers fils

Catégories populaires

Recherche sur le site web

Histoires populaires

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (370) #BitcoinETF (3) #BitcoinFondamentaux (1) #itcoinHandling (1) #BitcoinPrix (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCacquisition (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRégulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoIncertitude (1) #DerivativeJump (1) #Dogecoin (63) #DogecoinGains (1) #DogecoinVolume (1) #utchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (62) #EthereumPain (1) #EPrix de l'argent (1) #ExpertOpinion (1) #FedRateCut (1) #FiatMonnaie (1) #Fimpact financier (1) #FinancierConfidentialité (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5FondsIllicites (1) #InflationData (1) 1TP5Investissement (1) 1TP5Perte d'investissement (1) #JapaneseFirm (1) #Action juridique (1) #Impact juridique (1) #Législation (1) #LightningNetwork (1) #MAnalyse de marché (3) #MSurveillance du marché (1) #MPrévision du marché (1) #MPrédictions de marché (1) #MProjection du marché (1) #MMarketSupport (1) #MVolatilité du marché (1) #M Mariage (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilité (1) #M Blanchiment d'argent (2) #MtGox (3) #Corée du NordCrypto (1) #NovogratzPrédiction (1) #PriceMilestone (1) #P PrixPrédiction (2) #PriceQuestion (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) 1TP5Pression réglementaire (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #TAnalyse technique (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UPotentiel (1) #USCongress (1) #WyomingLand (1) #XRPPrix (1) #XRPupswing (1)

Liens utiles

Liens que j'ai trouvés utiles et que j'ai voulu partager.