Ethereum
Ethereum Price Enters Bullish Expansion, Analyst Reveals How High It Can Go In February
Ethereum is still showing signs of upward momentum if you know where to look. The leading altcoin is now in a bullish expansion phase, with analysts predicting that its price could surge past key resistance levels in the coming weeks. According to crypto analyst Ted Pillows, Ethereum has entered a bullish expansion phase and is on the verge of a major rally that could push it beyond $4,000 in the short term and to new all-time highs by March.
Bullish Expansion Puts Ethereum At $4,500 In February
According to Ted, Ethereum has transitioned into its expansion phase after completing two preceding phases of accumulation and manipulation. These phases were mapped out on the 3-hour candlestick timeframe and unfolded in the last two weeks of January.
Related Reading
The accumulation phase was highlighted by Ethereum trading in a range between the upper and lower ends of $3,520 and $3,185, respectively. Following this accumulation phase, Ethereum entered a brief but volatile manipulation phase between January 27 and January 29 before eventually rebounding at the $3,000 mark.
On January 30, Ethereum officially broke out of the manipulation phase, marking the beginning of the anticipated expansion phase. Ted believes this breakout is a key turning point, as it signals the start of a strong rally. With this expansion phase in mind, crypto analyst Ted predicted that the Ethereum price will rally to at least $4,500 in February before setting its sights on a new all-time high by March.
Notably, the analyst’s outlook is based on a combination of breakout from technical patterns and market sentiment, and he noted that Ethereum’s undervaluation is now coming to light.
ETH’s Breakout Hinges On The $4,000 Price Mark
In a separate technical analysis, Ted highlighted that Ethereum is breaking out of a downward-sloping wedge pattern on the daily candlestick timeframe. Based on this pattern, he projected that ETH could reach $4,000 within eight to ten days after the breakout is fully confirmed. His forecast is grounded in Ethereum’s historical price movements, particularly referencing two similar breakouts in 2021 and 2024, both of which resulted in a 40% surge within the same time frame.
Related Reading
In another analysis, Ted noted that Ethereum is forming higher lows in the longer timeframe. He emphasized that reclaiming the $4,000 mark is crucial right now, as doing so would pave the way for Ethereum to target new all-time highs. According to his projections, a decisive break above this key level will set the stage for Ethereum to reach between the $9,000 and $10,000 range over the next three to four months.
Aside from technical indicators, Pillows pointed to the potential impact of Donald Trump’s involvement in Ethereum. He suggested that Trump’s continued accumulation of ETH could further fuel the rally. One such accumulation is the latest acquisition of $10 million worth of ETH by World Liberty Financial, a crypto company affiliated with Donald Trump and some of his family members.
At the time of writing, Ethereum is trading at $3,261.
Featured image from Adobe Stock, chart from Tradingview.com
Ethereum
Ethereum Price To $2,000 Or $6,000? Analyst Examines Ether’s Future Trajectory
The Ethereum price performance was quite disappointing in the final weeks of 2024, struggling beneath the $3,500 level. This end-of-the-year blues somewhat flowed into the altcoin’s action in the first month of 2025, as it failed to build any serious momentum in the first 30 days of the year.
Unsurprisingly, this sluggish price action has led to the panic of several Ethereum investors, with a portion of the market pondering if to sell their tokens. A popular crypto analyst on the social media platform X has come forward with an in-depth analysis of the ETH price over the next few months.
What Does The Future Hold For ETH Price?
In a Jan. 31 post on X, crypto pundit Ali Martinez tried to answer the “Is it time to sell Ethereum and move on?” question while breaking down its recent price action and on-chain movement. According to the analyst, the future looks somewhat bleak for the price of ETH, as it stands at the risk of a deep correction in the short term.
This is based on the MVRV Ratio (160-day moving average), which tracks the ratio between a coin’s market cap and the realized cap. It helps to evaluate whether a cryptocurrency (Ethereum, in this scenario) is overvalued. According to Martinez, the ETH price recently fell beneath the MVRV (160D-MA), an occurrence that led to a 40% correction the last time.
Source: Ali_charts/X
The potential of a severe price pullback has resulted in a shift in investor sentiment, with a particular investor cohort showing some level of anxiety in the market. Data from Glassnode shows that long-term Ethereum holders are beginning to sell off some of their coins, strengthening the odds of a price correction.
In the case of a correction, certain on-chain price levels could be crucial to the long-term health of the ETH price. One such price region is between $2,230 and $2,610 (where nearly 12 million wallets bought 62.27 million ETH), which could act as a major support zone against further decline.
From a technical price analysis standpoint, the ETH price appears to be forming an inverse head-and-shoulders pattern, with a major support level between $2,800 and $3,000. According to Martinez, the Ethereum price could make a play for the pattern’s neckline at $4,000 if this support region holds.
Source: Ali_charts/X
While the $4,000 level has acted as a major resistance level for four years, recent whale accumulation increases the Ethereum price’s chances of breaking this crucial region. The latest on-chain data shows that whales bought over 100,000 ETH (worth over $340 million) in the past few days.
Martinez noted that if the Ethereum price successfully breaks above the $4,000 mark, it could travel as high as $6,770 based on the MVRV pricing bands. This would represent an over 100% rally from the current price point.
Ethereum Price At A Glance
As of this writing, the price of Ethereum stands at around $3,315, reflecting over 2% jump in the past 24 hours.
The Ethereum price loses the $3,300 level on the daily timeframe | Source: ETHUSDT chart on TradingView
Featured image from iStock, chart from TradingView
Ethereum
Ethereum Flashes Bullish Divergence – Is A Rally On The Horizon?
The price of Ethereum (ETH) has shown some significant change in the past day rising by 1.86%. However, according to trading data from CoinMarketCap, the popular altcoin has recorded negative growth since December 2024 despite some significant gains in the past month. Interestingly, underlying market activity points to a potential price breakout.
Ethereum Sees Strong Accumulation Activity Amid Price Dip
Ever since touching the $4,000 price mark, Ethereum has slipped into a downtrend falling as low as $3,000. Amidst notable gains by Bitcoin in January, Ethereum continues to struggle hitting consistent lower lows during this period.
However, a CryptoQuant market expert with the username Crypto Sunmoon has noted an increase in market buying volume amidst the current price dip indicating a bullish divergence in the ETH market. For context, a bullish divergence occurs when an asset’s price is making lower lows while a momentum indicator is making higher lows, thereby hinting at a potential reversal or upward movement.
As for Ethereum, the increase in buying volume amid falling prices indicates a strong demand from buyers especially at the current price levels. This development further suggests a strong confidence in the asset’s profitability as investors expect buying pressure to surpass selling activity in the coming days.
Based on historical data, Crypto Sunmoon predicts Ethereum may experience a price surge such as the one in May 2024 when a similar bullish divergence last occurred. During that month, ETH rose by over 21% suggesting the altcoin will likely return to $4,000 if the projected price breakout occurs, according to current market prices.
ETH Long-Term Holders Signal Strong Market Confidence
In other news, IntoTheBlock reports that long-term holders of Ethereum currently boast an average holding time of 2.4 years showing massive confidence in Ethereum’s future value potential.
However, Ethereum faces other issues including an absence of short-term participants which prevents ETH from experiencing significant levels of speculative trading that can drive up price appreciation. Furthermore, the rapid growth of layer 2 solutions such as Optimism, and layer 1 blockchains such as Solana are also tampering with the potential market demand and attention for Ethereum.
At press time, ETH trades at $3,306 after a gain of 1.86% over the past day as earlier stated. Meanwhile, the asset’s daily trading volume has increased by 55.69% resulting in a value of $30.3 billion. On larger time frames, Ethereum is also up by 0.22% on its weekly chart but down by 2.27% on its monthly chart leaving much to desire for many short-term investors.
Ethereum
Traders flock to Dogizen as Bitcoin and Ethereum stall
In 2009, Bitcoin was launched as a digital asset challenging the fiat currency. What started with almost no intrinsic value is now priced at $104,501.71 and may hit $200,000 before the year ends.
Over the years, savvy investors have found great opportunities in innovations designed to revolutionize the industry. Dogizen is out to do exactly that.
As the first Telegram ICO, the project is leveraging on the reach of this social media app and the steady popularity of GameFi coins. With less than a week before the end of its presale, crypto enthusiasts acknowledge that the project may soon explode and are rushing to accumulate some DOGIZ tokens at the cheap price of $0.000085.
Bitcoin price trades within a range as bulls gather momentum
At the start of the week, Bitcoin dropped below the psychologically crucial zone of $100,000 amid the DeepSeek sell-off that shook the US stock market. However, it has since rebounded to trade at $104,501.71 as at the time of writing.
The speed with which this cryptocurrency has gotten back on its feet is proof of investor confidence in digital assets. With a pro-crypto US administration in place and optimism over heightened institutional adoption, the market participants expect it to rally to $200,000 in 2025.
In the short term, the range between the 20-day EMA at $102,077.04 and the resistance at $107,500 will be worth watching. If successful at breaking that resistance, the bulls’ next target will be at $108,808.90. However, this thesis will be rendered invalid if it pulls back past the 50-day EMA at $98,645.11.
Dogizen’s strategy and timing sets it for parabolic growth in the multi-billion GameFi sector
In recent years, innovations have revolutionized the cryptocurrency industry while offering in-dismissible opportunities to crypto enthusiasts. For instance, GameFi, which is one of the subsectors that has captured participants’ attention, has a market cap of over $19 billion.
Projects like Notcoin and Hamster Kombat, which were both launched in mid-2024 have grown into high-value tokens with market caps of $450 million and $172 million respectively. Dogizen, a new entrant in the industry, has the potential to top these figures in coming months.
Indeed, it has some competitive advantage over its rivals. For starters, it followed the route of a presale as opposed to the concept of free airdrops employed by the likes of Hamster Kombat.
Notably, Dogizen’s approach has attracted actual investors looking to benefit from the 2025 bull run by holding on to their DOGIZ tokens even after its listing. This lowers the likelihood of token dumps and price crashes.
Besides, based on the set target, Dogizen is starting out at a lean market cap of below $10 million. This perfectly sets it for parabolic growth with its early adopters set to profit heftily. Buy the Dogizen token here.
Ethereum price eyes January high as crypto majors exhibit resilience
Ethereum price extended its previous gains on Friday as the cryptocurrency market recovers from the recent DeepSeek sell-off. As at the time of writing, the altcoin was at $3,399.49 after recording gains of 3.88% over the past 24 hours.
At its current level, the bulls are striving to break the resistance at $3,415. If successful, the next target will be January’s high at $3,528.15. On the lower side, a pullback will likely have it find support along the 20-day EMA at $3,266.42. This thesis will hold for as long as ethereum price continuess to trade above the lower support zone of $3,218.44.
-
Market23 hours ago
Uniswap v4 Launches on Mainnet to Market Ambivalence
-
Market22 hours ago
BTC Price Holds $100,000 as Bulls Target New All-Time High
-
Market20 hours ago
Solana Has a Long Way to Go Before It Can Surpass Ethereum
-
Altcoin20 hours ago
BTC Slips, ETH & Meme Coins Surge, QTUM Up 40%
-
Altcoin19 hours ago
Crypto Pundit Says Dogecoin Price At $1 Is Only A ‘Matter Of Time’
-
Altcoin18 hours ago
DOT Price Eyes Major Breakout to $14 Amid Spot Polkadot ETF Filing
-
Market13 hours ago
Top 5 AI Coins Worth Watching in February 2025
-
Ethereum13 hours ago
Ethereum Flashes Bullish Divergence – Is A Rally On The Horizon?