Ethereum Finally Strengthening, Analyst Reveals When ETH Will Start to Surge Amid Favorable Price Action
According to crypto analyst Michaël van de Poppe, Ethereum is beginning to strengthen its momentum relative to Bitcoin. Despite Bitcoin’s surge from $45,000 to $52,000 in recent days, Ethereum has managed to trade sideways against it – a sign of gathering strength.
“The momentum will shift toward Ethereum when Bitcoin consolidates and calms down. Onwards to $3,500-4,000,” said van de Poppe, eyeing further upside for ETH.
Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!
Sponsored
Show more +Ethereum Uptrend Across Timeframes
Additional analysis from altFINS confirms Ethereum’s broader uptrend remains intact across short, medium and long-term timeframes. Following a bullish breakout above $2,400 resistance, Ethereum rallied 13% to tag the next hurdle at $2,750 where it was rejected in January. Now it has been able to break above that level.
Source: altFINS – Start using it today
A break above $2,750 now signals a continuation towards $3,000+, or price could pull back towards $2,400 support first. But Ethereum’s bullish momentum suggests its uptrend should ultimately resume. The upcoming ETH spot ETF launch in May stands to provide further catalysts for gains.
You may also be interested in:
- Are Ethereum Tips Useful? This Smart Trader Made Over $2 Million in 12 Hours With This Altcoin
- Major Network Upgrade Triggers Surge in Sei Token Price: Analyst Anticipate SEI’s ‘Big Breakout’
- Intuitive streaming platform DeeStream (DST) get Cardano (ADA) & Litecoin (LTC) investors pouring in early as presale looks to hit 40x in months
Check $RECQ Meme Coin
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
