Ethereum Price Prediction: ETH Eyes $7,500 After Strong Weekly Close
- ETH closed the week strong at $4,751, gaining over 5%.
- Technicals point to healthy momentum, with RSI at 66 and support clustered around $3,600–$3,900.
- Analysts eye next targets at $5,700 and $7,500, while altcoins may rally 200–500% if ETH outperforms BTC.
Ethereum wrapped up the week on a confident note, finishing around $4,751 and locking in a +5.2% gain. The weekly candle started near $4,516 and briefly touched $4,756 before closing, showing there’s still strong buying pressure in play. After spending weeks just chopping sideways in consolidation, this kind of follow-through is starting to feel like traders are quietly stacking again.
Analyst Expert Ezy pointed out that ETH has already surged close to 200% since the last signal flashed by the CrossX indicator. Right now, the market looks like it’s in one of those re-accumulation phases—kind of a quiet buildup before the next big wave. If this cycle plays out like previous ones, then the next big levels traders are watching sit up at $5,700 and possibly $7,500 once another buy trigger lands.
Technical Setup Points Toward Strength
The weekly chart still paints a clear bullish structure. Every major moving average is tucked way below the current price, mostly between $2,900 and $3,900, which basically shows ETH is holding a neat ladder of higher highs and higher lows. That zone around $3,600–$3,900 is stacked with support, so if there’s a pullback, buyers are expected to step in fast, with deeper defenses down closer to $2,900.
Liquidity looks healthy too. The Chaikin Oscillator is reading near 97.6K, hinting at solid inflows of capital coming into the asset. RSI sits at about 66—not overheated, not weak either—which is usually the sweet spot for steady climbs rather than exhausting rallies.
Bollinger Bands are starting to expand again, showing volatility is creeping back in. The upper band is near $5,464, about 15% higher than current price action, which gives ETH a bit of breathing room before running into stronger resistance overhead.
Altcoins Riding Ethereum’s Momentum
Michaël van de Poppe, another well-followed analyst, highlighted that ETH has started to gain back ground against Bitcoin. Historically, when Ethereum bottoms versus BTC, altcoins usually start catching stronger bids too. That seems to be happening again.
He noted that ETH’s relative strength could end up setting the stage for a broader altcoin surge, with potential returns in the range of 200–500% across the market if momentum sticks. Some smaller caps already began following the move, hinting that capital rotation might just be warming up.
Outlook for ETH in the Coming Weeks
All in all, Ethereum’s setup looks constructive: accumulation signals, inflows rising, and volatility opening up. Traders are waiting for another confirmation from the CrossX indicator, but the bias leans bullish.
If ETH can maintain its structure, the next major push could see it challenge $5,700 first, and maybe even stretch toward $7,500—levels that would put it right back in the spotlight. Until then, the market seems comfortable letting ETH breathe while preparing for the next big leg.
The post Ethereum Price Prediction: ETH Eyes $7,500 After Strong Weekly Close first appeared on BlockNews.
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Ethereum Price Prediction: ETH Eyes $7,500 After Strong Weekly Close
- ETH closed the week strong at $4,751, gaining over 5%.
- Technicals point to healthy momentum, with RSI at 66 and support clustered around $3,600–$3,900.
- Analysts eye next targets at $5,700 and $7,500, while altcoins may rally 200–500% if ETH outperforms BTC.
Ethereum wrapped up the week on a confident note, finishing around $4,751 and locking in a +5.2% gain. The weekly candle started near $4,516 and briefly touched $4,756 before closing, showing there’s still strong buying pressure in play. After spending weeks just chopping sideways in consolidation, this kind of follow-through is starting to feel like traders are quietly stacking again.
Analyst Expert Ezy pointed out that ETH has already surged close to 200% since the last signal flashed by the CrossX indicator. Right now, the market looks like it’s in one of those re-accumulation phases—kind of a quiet buildup before the next big wave. If this cycle plays out like previous ones, then the next big levels traders are watching sit up at $5,700 and possibly $7,500 once another buy trigger lands.
Technical Setup Points Toward Strength
The weekly chart still paints a clear bullish structure. Every major moving average is tucked way below the current price, mostly between $2,900 and $3,900, which basically shows ETH is holding a neat ladder of higher highs and higher lows. That zone around $3,600–$3,900 is stacked with support, so if there’s a pullback, buyers are expected to step in fast, with deeper defenses down closer to $2,900.
Liquidity looks healthy too. The Chaikin Oscillator is reading near 97.6K, hinting at solid inflows of capital coming into the asset. RSI sits at about 66—not overheated, not weak either—which is usually the sweet spot for steady climbs rather than exhausting rallies.
Bollinger Bands are starting to expand again, showing volatility is creeping back in. The upper band is near $5,464, about 15% higher than current price action, which gives ETH a bit of breathing room before running into stronger resistance overhead.
Altcoins Riding Ethereum’s Momentum
Michaël van de Poppe, another well-followed analyst, highlighted that ETH has started to gain back ground against Bitcoin. Historically, when Ethereum bottoms versus BTC, altcoins usually start catching stronger bids too. That seems to be happening again.
He noted that ETH’s relative strength could end up setting the stage for a broader altcoin surge, with potential returns in the range of 200–500% across the market if momentum sticks. Some smaller caps already began following the move, hinting that capital rotation might just be warming up.
Outlook for ETH in the Coming Weeks
All in all, Ethereum’s setup looks constructive: accumulation signals, inflows rising, and volatility opening up. Traders are waiting for another confirmation from the CrossX indicator, but the bias leans bullish.
If ETH can maintain its structure, the next major push could see it challenge $5,700 first, and maybe even stretch toward $7,500—levels that would put it right back in the spotlight. Until then, the market seems comfortable letting ETH breathe while preparing for the next big leg.
The post Ethereum Price Prediction: ETH Eyes $7,500 After Strong Weekly Close first appeared on BlockNews.
Читать больше