Ethereum (ETH) Shows “Golden Cross”; Analysts See $3,000 Price Target
- Ethereum confirms a Golden Cross on the daily chart, signaling a potential shift to a long-term uptrend.
- Whale wallets have accumulated over 450,000 ETH as exchange withdrawals reduce sell pressure.
- Analyst Ted Pillows has predicted a rally to $3,000 and even $4,000 for ETH in the near future.
Following a prolonged downtrend, Ethereum (ETH) is now flashing multiple bullish signals, the most notable being the confirmation of a “Golden Cross,” a historically significant pattern that often marks the beginning of a sustained uptrend.
ETH’s daily chart shows a Golden Cross–a technical setup where the 50-day moving average crosses above the 200-day moving average. The crossover, highlighted by crypto analyst Ted Pillow, could push the digital asset toward $3,000 soon.
$ETH Golden Cross confirmed.
— Ted (@TedPillows) May 18, 2025
$3,000 Ethereum is coming next.pic.twitter.com/zdC1AcCfcn
Bullish Thesis Gains Strength: ETH MVRV Ratio Flips, Whale Accumulation Surges
Further supporting a bullish case for Ethereum, analyst Ali Martinez pointed out that Ethereum’s MVRV (Market Value to Realized Value) ratio has shifted from bearish to bullish, sugges…
The post Ethereum (ETH) Shows “Golden Cross”; Analysts See $3,000 Price Target appeared first on Coin Edition.
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Ethereum (ETH) Shows “Golden Cross”; Analysts See $3,000 Price Target
- Ethereum confirms a Golden Cross on the daily chart, signaling a potential shift to a long-term uptrend.
- Whale wallets have accumulated over 450,000 ETH as exchange withdrawals reduce sell pressure.
- Analyst Ted Pillows has predicted a rally to $3,000 and even $4,000 for ETH in the near future.
Following a prolonged downtrend, Ethereum (ETH) is now flashing multiple bullish signals, the most notable being the confirmation of a “Golden Cross,” a historically significant pattern that often marks the beginning of a sustained uptrend.
ETH’s daily chart shows a Golden Cross–a technical setup where the 50-day moving average crosses above the 200-day moving average. The crossover, highlighted by crypto analyst Ted Pillow, could push the digital asset toward $3,000 soon.
$ETH Golden Cross confirmed.
— Ted (@TedPillows) May 18, 2025
$3,000 Ethereum is coming next.
Bullish Thesis Gains Strength: ETH MVRV Ratio Flips, Whale Accumulation Surges
Further supporting a bullish case for Ethereum, analyst Ali Martinez pointed out that Ethereum’s MVRV (Market Value to Realized Value) ratio has shifted from bearish to bullish, sugges…
The post Ethereum (ETH) Shows “Golden Cross”; Analysts See $3,000 Price Target appeared first on Coin Edition.
Read More