• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
Ethereum

Ethereum’s Price Still In The Major Uptrend – Analyst Forecast Potential For Further Gains

Godspower Owie
by Godspower Owie
8 months ago
·
Posted in Ethereum
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

With the general crypto market still facing heightened volatility, Ethereum has once again failed to reclaim the pivotal $3,000 price level. Bearish pressure continues to linger in its price action, leading to speculations about its potential in the short term. Although ETH has failed to experience a major surge, analysts believe the altcoin could see a turnaround towards the upside shortly.

Ethereum Gearing Up For A Bullish Run?

Ethereum may have seen a notable decline in the last few days, but Ether Naysonal, a market expert and trader is unshaken about the heightened volatility. According to the technical expert, “ETH is still in its major uptrend,” indicating resilience amid broader market volatility.

Related Reading: Ethereum’s Price Forms Bullish Pattern On The Weekly Chart, A Rally To Higher Levels Ahead

Despite occasional pullbacks, the expert cites that ETH continues to hold key support levels, reinforcing optimistic sentiment among investors. With the altcoin maintaining its uptrend, it could pave the way for a potential breakout toward higher levels in the upcoming weeks.

Ether Naysonal highlighted alongside maintaining its major uptrend, ETH has also consistently held the $2,615 support level, which is good for its price action. However, for Ethereum to make a quick recovery, it must at least close above the $2,820 mark for one day.

A close above the $2,820 level would likely reignite bullish momentum for the altcoin again. Meanwhile. the much-anticipated pump will be triggered if the candle closes above $2,923.

Ethereum
ETH set for a quick comeback | Source: Ether Naysonal on X

Ethereum has experienced remarkable adoption and interest in spite of occasional price corrections. This growing institutional interest coupled with rising on-activity might serve as key factors bolstering the expected upside move.

Ether Naysonal has questioned the actions of individuals presently offloading their ETH holdings despite institutional investors accumulating ETH at a huge scale. Major companies are currently seen acquiring ETH in current market conditions.

Financial behemoth and asset manager firm Blackrock has purchased over 100,535 ETH, valued at $284 million. Furthermore, asset management company Fidelity has also acquired about 9,552 ETH, worth around $26.39 million.

While the biggest global investment institutions are still purchasing, the analyst asserts it is completely illogical for individual investors to sell after being exposed to misleading waves within a short period.

A Surge To New All-Time High Imminent

Several bullish structures have emerged on ETH’s chart, suggesting a possible rebound in the short term. With upside momentum building for ETH, the asset may be set for a rally toward a new all-time high.

Related Reading: Ethereum Is About To Enter Its Most Bullish Month In History, Here’s What To Expect

After examining Ethereum’s price action, market expert Jonathan Carter highlighted that the asset is still trading within a Symmetrical Triangle pattern in the weekly time frame. Carter noted that liquidity was collected below support by recent downward wicks before returning to the pattern.

Once ETH breaks out of the ascending triangle, Carter anticipates a push towards higher targets such as $3,100, $4,000, $4,850, $6,000, and $7,500 in the long term.

Ethereum
ETH trading at $2,834 on the 1D chart | Source: ETHUSDT on Tradingview.com
Featured image from Unsplash, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Godspower Owie

Godspower Owie

Follow

Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person's existence. Not illusions, but dreams are what I pursue.

Full Profile

Related Posts

Ethereum news

Ethereum Landed Its Biggest Partner Yet — SWIFT, Confirms Joe Lubin

1 day ago
Ethereum news

Ethereum Has A Fundamental Problem, Warns Cyberpunk Nick Szabo

2 days ago
ethereum eth ethusd

Ethereum (ETH) Rises With Global Liquidity Expansion: Is $5,000 the Next Major Target?

2 days ago
ภาพสัญลักษณ์ ETH ขนาดใหญ่พุ่งขึ้นจากระบบรักษาความปลอดภัย แสดงมูลค่าที่เติบโตอย่างรวดเร็วและการลงทุนสถาบัน

สถาบันแห่ช้อน ETH! เผยปัจจัยที่อาจดันมูลค่าสู่ $7,500

3 days ago
ethereum

Ethereum Treasuries “Propped Up” By $6 Billion In Korean Retail Money, Says Crypto Founder

3 days ago
AI Gemini ฟันธง! Ethereum พุ่งทะยานสู่ 12,850 ดอลลาร์ปี 2025

AI Gemini ฟันธง! Ethereum พุ่งทะยานสู่ 12,850 ดอลลาร์ปี 2025

3 days ago

Premium Sponsors

Press Releases

  • BNB

    ChatGPT предвижда BNB да достигне $2,500...

    8 hours ago
  • Maxi Doge นักสู้เหรียญมีมยืนโพสท่าในสังเวียนมวย

    Binance-Peg DOGE นำโด่ง Top 11...

    1 day ago
  • Find Out Why Whales are Rushing to Buy Bitcoin Hyper’s $22M Presale—Plus, Our $HYPER Price Prediction.

    Find Out Why Whales are Rushing to Buy Bitcoin Hyper’s...

    1 day ago
  • ...

    2 days ago
  • Your Chance to Win Up to 10% Deposit Bonus and Up to 21K $USDT Bonus Prizes at KCEX

    Your Chance to Win Up to 10% Deposit Bonus and Up to 21K...

    3 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.