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Ethereum Golden Cross Confirmed: Where Is ETH Heading Next?
Ethereum is the second-largest cryptocurrency after Bitcoin, which is once again gaining massive momentum. The fact that the token is unable to score a perfect high and has been consolidating in the past is leading investors to investigate the potential causes. However, the times may have changed, as one analyst believes that the time has come for Ethereum (ETH) to show its true mettle.
Also Read: Ethereum Dev Launches Community To Help ETH Hit $10,000
Also Read: Ethereum Dev Launches Community To Help ETH Hit $10,000## Ethereum Golden Cross: What About It?
In the middle of this, a noteworthy analyst, Titan of Crypto, has taken to X to elaborate on a new Analysis for ETH. In his recent X post, the expert shared how ETH’s chart has lately been showing a bullish Ichimoku golden cross formation. This formation is considered a bullish development and is often followed by generous price highs. With Ethereum documenting a golden cross, the price of ETH is now expected to hit a new target of $3100 per the expert.
Analysis**“#Ethereum GOLDEN CROSS! ️ #ETH just triggered an Ichimoku Golden Cross on the weekly chart. Meanwhile, RSI is attempting a breakout from its downtrend. If confirmed, the next stop could be $3,100 in no time.”**
“#Ethereum GOLDEN CROSS! ️ #ETH just triggered an Ichimoku Golden Cross on the weekly chart. Meanwhile, RSI is attempting a breakout from its downtrend. If confirmed, the next stop could be $3,100 in no time.”
#Ethereum GOLDEN CROSS! ️#ETH just triggered an Ichimoku Golden Cross on the weekly chart. Meanwhile, RSI is attempting a breakout from its downtrend.
If confirmed, the next stop could be $3,100 in no time. pic.twitter.com/MRTP8UMkrT
Another notable analyst, Michael Van De Poppe, had also predicted a bullish price arena for ETH to explore in the future. Van De Poppe shared that if ETH moves below $2800, which is the area of consolidation for ETH, then the next price target for ETH would be $3400-$3500.
“$ETH is looking for a big breakout as it’s building up for one. More than a month has passed since the initial upward 90% move. I assume we’ll start to see a leg to $3,400-3,500 if it breaks the resistance at $2,800. The area to hold: around $2,575.”
“$ETH is looking for a big breakout as it’s building up for one. More than a month has passed since the initial upward 90% move. I assume we’ll start to see a leg to $3,400-3,500 if it breaks the resistance at $2,800. The area to hold: around $2,575.”
$ETH is looking for a big breakout as it's building up for one.
A strong consolidation of more than a month after the first 90% move upwards.
I assume we'll start to see a leg to $3,400-3,500 if it breaks the resistance at $2,800.
The area to hold: around $2,575. pic.twitter.com/e8vtXRq5if
Technical Analysis of the Token
As far as technical platforms like CoinCodex are concerned, ETH may first jump to $2852 by August 2025.
**“According to our current Ethereum price prediction. The price of Ethereum is predicted to rise by 9.19% and reach $2,852.18 by August 7, 2025. Ethereum recorded 14/30 (47%) green days with 4.51% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a good time to buy Ethereum.”**The token is expected to hit $3000 by September 2025, moving beyond the prediction to hit $4000 if the market sentiment continues to favor ETH.
**“According to our current Ethereum price prediction. The price of Ethereum is predicted to rise by 64.27% and reach $4,290.90 by October 6, 2025. Ethereum recorded 14/30 (47%) green days with 4.51% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a good time to buy Ethereum.”**Also Read: What Did ETH Founder Vitalik Buterin Do With 505 Trillion SHIB Tokens?
Also Read: What Did ETH Founder Vitalik Buterin Do With 505 Trillion SHIB Tokens?