Is Ethereum about to skyrocket? Several crypto experts are predicting a big surge in the price of ETH in the coming weeks.
A Big Potential Gain
One expert, Javon Marks, believes Ethereum could see a 63% increase in the near future. He points to some technical signals that suggest Ethereum is about to break through a resistance level, leading to a significant price jump. Marks thinks this could push ETH to $4,080
. He even suggests this could be the start of a much larger upward trend.
More Positive Predictions
Another analyst, Ash Crypto, is also bullish on Ethereum. He believes ETH could hit a new all-time high in 2025. Ash Crypto has noticed that whenever Ethereum has touched a specific support level in the past, it has seen a huge price increase. In the past, this has led to gains of over 100% in just a few months. If this pattern repeats, ETH could easily double its current price.
Ethereum Showing Signs of Life
After a few days of falling prices, Ethereum is starting to show signs of a rebound. Investors are buying back into ETH, pushing the price up slightly. The trading volume of ETH has also increased significantly, suggesting more people are interested in buying and selling the cryptocurrency.
The Bottom Line
It’s still too early to say for sure whether Ethereum will experience a big price surge. However, the recent positive price action and optimistic predictions from experts suggest that ETH could be poised for a strong rally in the near future.