Current Price: $2,808
Prediction: ๐ +139% move expected, target $6,700
Analysis & Market Structure:
๐ Ethereum is undervalued & has not yet hit an all-time high in this cycle โ
๐ธ Unlike Bitcoin, ETH still has room for a significant rally, making it a strong buy opportunity before it catches up to the broader market trend.
๐ธ ETH remains cheap compared to other major assets, providing a high-upside opportunity for 2025.
๐ Technical Setup โ Strong Uptrend Forming
๐น ETH is approaching key support within an ascending channel, making this an ideal buying zone before the next breakout.
๐น The major downtrend resistance (red line) is still intact, but once ETH clears $3,500-$3,800, it could rally aggressively toward new highs.
๐ Key Resistance Levels to Break for Bullish Momentum:
โ๏ธ $3,000 - $3,200 โ Immediate resistance zone that must break for a bullish trend continuation.
โ๏ธ $3,800 - $4,000 โ Major breakout level. A close above this area could trigger a parabolic move.
โ๏ธ $5,000+ โ Previous all-time high zone, where Ethereum will likely consolidate before its next major move.
๐ Support Levels to Watch:
๐น $2,500 - $2,400 โ Key demand zone, strong buying pressure expected here.
๐น $2,000 - $1,800 โ If ETH breaks down, this will be a must-hold level to maintain a bullish long-term outlook.
๐ Indicators:
โ๏ธ RSI & momentum indicators support further upside, but a breakout confirmation is needed.
โ๏ธ Volume is picking up, signaling strong accumulation in the $2,500+ range.
โ๏ธ Bulls need to reclaim $3,200-$3,800 for a major breakout.
Prediction & Strategy:
๐ Bullish Scenario (Most Likely):
Target: $6,700 โ Ethereum is poised for a +139% gain if it holds support and breaks through $3,800.
Once ETH clears $5,000, it will likely go parabolic toward new highs.
๐ Bearish Scenario (Less Likely but Possible):
If ETH drops below $2,400, we may see a retest of $2,000 - $1,800 before the next major uptrend.
A breakdown below $1,800 would invalidate the bullish thesis.
Final Thoughts โ Why ETH is a Strong Buy for 2025
๐ Ethereum is massively undervalued and has NOT yet hit an all-time high this cycleโthis gives it more upside potential compared to BTC.
๐ธ ETH is near ascending channel support, making this an ideal buying opportunity before it starts its next big rally.
๐ธ Price Prediction: $6,700 in 2025 ๐
๐ Overall Bias: Strong Buy โ
๐ฏ Short-Term Target: $3,500 - $4,000
๐ฏ Mid-Term Target: $5,000+
๐ฏ Long-Term Target: $6,700+
๐ก ETH remains one of the smartest investments for this bull run. Don't miss the breakout! ๐๐ฅ
Prediction: ๐ +139% move expected, target $6,700
Analysis & Market Structure:
๐ Ethereum is undervalued & has not yet hit an all-time high in this cycle โ
๐ธ Unlike Bitcoin, ETH still has room for a significant rally, making it a strong buy opportunity before it catches up to the broader market trend.
๐ธ ETH remains cheap compared to other major assets, providing a high-upside opportunity for 2025.
๐ Technical Setup โ Strong Uptrend Forming
๐น ETH is approaching key support within an ascending channel, making this an ideal buying zone before the next breakout.
๐น The major downtrend resistance (red line) is still intact, but once ETH clears $3,500-$3,800, it could rally aggressively toward new highs.
๐ Key Resistance Levels to Break for Bullish Momentum:
โ๏ธ $3,000 - $3,200 โ Immediate resistance zone that must break for a bullish trend continuation.
โ๏ธ $3,800 - $4,000 โ Major breakout level. A close above this area could trigger a parabolic move.
โ๏ธ $5,000+ โ Previous all-time high zone, where Ethereum will likely consolidate before its next major move.
๐ Support Levels to Watch:
๐น $2,500 - $2,400 โ Key demand zone, strong buying pressure expected here.
๐น $2,000 - $1,800 โ If ETH breaks down, this will be a must-hold level to maintain a bullish long-term outlook.
๐ Indicators:
โ๏ธ RSI & momentum indicators support further upside, but a breakout confirmation is needed.
โ๏ธ Volume is picking up, signaling strong accumulation in the $2,500+ range.
โ๏ธ Bulls need to reclaim $3,200-$3,800 for a major breakout.
Prediction & Strategy:
๐ Bullish Scenario (Most Likely):
Target: $6,700 โ Ethereum is poised for a +139% gain if it holds support and breaks through $3,800.
Once ETH clears $5,000, it will likely go parabolic toward new highs.
๐ Bearish Scenario (Less Likely but Possible):
If ETH drops below $2,400, we may see a retest of $2,000 - $1,800 before the next major uptrend.
A breakdown below $1,800 would invalidate the bullish thesis.
Final Thoughts โ Why ETH is a Strong Buy for 2025
๐ Ethereum is massively undervalued and has NOT yet hit an all-time high this cycleโthis gives it more upside potential compared to BTC.
๐ธ ETH is near ascending channel support, making this an ideal buying opportunity before it starts its next big rally.
๐ธ Price Prediction: $6,700 in 2025 ๐
๐ Overall Bias: Strong Buy โ
๐ฏ Short-Term Target: $3,500 - $4,000
๐ฏ Mid-Term Target: $5,000+
๐ฏ Long-Term Target: $6,700+
๐ก ETH remains one of the smartest investments for this bull run. Don't miss the breakout! ๐๐ฅ
Dhanda The Great
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Dhanda The Great
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.