Ethereum Golden Cross Confirmed: Is ETH Set to Skyrocket in 2025?
Ethereum's golden cross just flashed bullish—and traders are scrambling to front-run the next leg up. Here's what the charts say about ETH's trajectory.
When the 50-day MA punches through the 200-day, history suggests fireworks. The last time this happened? A 120% rally in 90 days. But this cycle's different—DeFi's matured, institutional money's lurking, and gas fees won't stop screaming.
Key levels to watch: $4,800 resistance could become a springboard if broken, while $3,200 acts as the 'institutions-will-panic' support zone. Meanwhile, Bitcoin maximalists are busy calculating how many 'flippening' tweets they'll need to delete.
One hedge fund manager quipped: 'We're either witnessing the birth of Web3's backbone or the greatest liquidity trap since Celsius promised 18% APY.' Place your bets.
Ethereum Golden Cross: What About It?
Ethereum is a notable cryptocurrency that has recently been unable to reach a new high. ETH is currently sitting at $2607, up 2% in the last 24 hours. The token has experienced a mild 6% spike over the last seven days, indicating an upward price trend recently.
In the middle of this, a noteworthy analyst, Titan of Crypto, has taken to X to elaborate on a new analysis for ETH. In his recent X post, the expert shared how ETH’s chart has lately been showing a bullish Ichimoku golden cross formation. This formation is considered a bullish development and is often followed by generous price highs. With ethereum documenting a golden cross, the price of ETH is now expected to hit a new target of $3100 per the expert.
#Ethereum GOLDEN CROSS!#ETH just triggered an Ichimoku Golden Cross on the weekly chart. Meanwhile, RSI is attempting a breakout from its downtrend.
If confirmed, the next stop could be $3,100 in no time. pic.twitter.com/MRTP8UMkrT
Another notable analyst, Michael Van De Poppe, had also predicted a bullish price arena for ETH to explore in the future. Van De Poppe shared that if ETH moves below $2800, which is the area of consolidation for ETH, then the next price target for ETH WOULD be $3400-$3500.
$ETH is looking for a big breakout as it's building up for one.
A strong consolidation of more than a month after the first 90% MOVE upwards.
I assume we'll start to see a leg to $3,400-3,500 if it breaks the resistance at $2,800.
The area to hold: around $2,575. pic.twitter.com/e8vtXRq5if
Technical Analysis of the Token
As far as technical platforms like CoinCodex are concerned, ETH may first jump to $2852 by August 2025.
The token is expected to hit $3000 by September 2025, moving beyond the prediction to hit $4000 if the market sentiment continues to favor ETH.