Ethereum Nears Golden Cross, Analysts Predict 134% Gain to $3,000

Coin WorldThursday, Jun 26, 2025 10:51 am ET
2min read

Ethereum, the second-largest cryptocurrency by market capitalization, is nearing a significant technical milestone known as the golden cross. This event occurs when the 50-day moving average crosses above the 200-day moving average, often interpreted as a bullish signal by traders and analysts. The anticipation of this event has sparked optimism among market participants, with some analysts setting their sights on a price target of $3,000 for

.

The golden cross is a widely recognized technical indicator that suggests a shift in market sentiment from bearish to bullish. For Ethereum, a weekly close above $2,700 could pave the way for a sustained upward movement towards the $3,000 zone. This technical pattern, combined with positive market sentiment, has led analysts to predict that Ethereum could see substantial gains in the near future.

According to the analyst's forecast, the potential for Ethereum to reach $3,000 is based on several factors, including the increasing adoption of blockchain technology and the growing interest in decentralized finance (DeFi) applications built on the Ethereum network. The Ethereum ecosystem has seen significant developments, with new projects and partnerships continually expanding its use cases. These factors contribute to the bullish outlook and the potential for Ethereum to achieve its price target.

In recent weeks, Ethereum has demonstrated notable technical developments on its chart, highlighted by the formation of a Golden Cross, a signal that historically indicates bullish momentum. This event occurs when the 50-day moving average exceeds the 200-day moving average. Analysts such as Ted Pillow comment that Ethereum's daily chart now confirms this setup, suggesting a price move towards $3,000. The network's improved performance supports this assertion, with a 134% rise in activity and greater whale accumulation. Ted Pillow, Analyst, stated: The Ethereum daily chart now shows a Golden Cross, potentially pushing ETH toward $3,000 soon.

The increase in network activity and whale wallet accumulation signals a strong bullish sentiment, potentially lessening sell pressure on exchanges. Speculation on higher targets, such as $4,000, hinges on resistance levels being surpassed. Market analysts, including Ali Martinez, cite Ethereum's Market Value to Realized Value ratio turning positive. This shift acknowledges more significant investor confidence and hints at an expected bullish cycle. Past trends show that Golden Cross formations on Ethereum charts have led to gains, though often after initial accumulation phases. Previous signals have resulted in substantial price rallies, reinforcing confidence in current predictions. Ali Martinez, Market Analyst, mentioned: The shift in Ethereum’s MVRV ratio from bearish to bullish indicates a potential positive cycle in market sentiment and valuation.

Ethereum's current technical position remains significant. As on-chain activity continues to rise, the market watches closely for further validation from network support dynamics, with speculate upward movements should current trends persist. However, it is important to note that technical indicators and analyst forecasts are not guarantees of future performance. Market conditions can change rapidly, and external factors such as regulatory developments or macroeconomic trends can influence cryptocurrency prices. Investors should approach such predictions with caution and conduct their own research before making investment decisions.

Ask Aime: What impact will the golden cross signal have on Ethereum's future price?