Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 101238
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Moralis Money
Market Cap
24h Vol
13284
Cryptocurrencies
63.69%
Bitcoin Share
Bitcoinist 2025-05-01 04:00:32

Ethereum’s Next Big Move: This Key Price Level Could Unlock A Strong Upward Move

Ethereum’s Next Big Move: This Key Price Level Could Unlock A Strong Upward Move

The second-largest crypto asset, Ethereum , is again capturing market attention as bullish momentum builds, but its path to reclaiming higher price levels and maintaining a strong rally is far from guaranteed. As ETH shows strength, crypto analysts point to key zones that might bolster the altcoin’s renewed upward trend. A Pivotal Price Point To Spur Ethereum’s Rally Over the past few days, Ethereum has demonstrated notable bullish performance, recovering levels such as $1,800. While ETH’s price may seem poised for an extended rally, a crucial level has emerged as the next hurdle that will determine the continuation of the current uptrend. After a series of higher lows, Rose Premium Signals, a technical analysis platform, has highlighted ETH’s potential to continue its rally. Several critical indicators are pointing to a significant upside, but the altcoin’s true potential lies in breaking the $2,200 mark. Historically, this zone has acted as a strong support for ETH , reflecting its resilience at this level. According to the platform, Ethereum must close a daily candle above the orange zone at $2,200 to validate the extension of the ongoing bullish trend. When the $2,200 mark is broken, the development would spark a strong rally towards the $4,000 target. However, if momentum is not maintained here, a drop may occur , making this price point a pivotal battleground for both bulls and bears. In the meantime, Rose Premium Signals suggests a cautious approach as long as ETH’s price remains below this point. Rose Premium Signals’ technical analysis strongly aligns with that of Kamran Asghar, a crypto expert and trader. In his analysis shared on the X (formerly Twitter) platform, the expert noted that Ethereum is building momentum within a Bull Flag pattern. A bull flag formation is a chart pattern that hints at the continuation of an uptrend. Specifically, this chart pattern emerges after a period of upside price movements, which is followed by a consolidation phase within a channel. Asghar also confirms that the altcoin has made a Golden Cross, indicating growing momentum. Even though a golden cross has been confirmed on the chart, the expert asserted that “ETH needs to close above $2,200 for a bullish trend.” Considering the price action, Asghar is confident that ETH will explode to about $16,414 by early 2026. Interest In ETH Rising Among Big Investors The anticipated rally is likely to be supported by the renewed interest in Ethereum among big investors or whales. Ted Pillows reported a positive sentiment among these investors as they significantly accumulated ETH during recent price spikes. On-chain data shows that large investors purchased nearly 30,000 ETH, valued at $50.24 million, in less than 4 hours. Such massive accumulations by these big players indicate strong conviction in the altcoin’s long-term performance. With rising buying pressure, ETH could attract enough momentum to push toward higher levels in the upcoming days.

Most Read News

https://www.digistore24.com/redir/325658/ceobig/
Market Cap
24h Vol
63.69%
Bitcoin Share
743
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.