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Will Ethereum Price Hit $15,000 In This Bull Run?

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2 months ago

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Ethereum is regaining traction after a significant market downturn. Though the Ethereum price is currently experiencing a marginal decline, analysts remain confident about its potential uptrend. Identifying critical patterns emerging in Ethereum’s price chart, market experts foresee a staggering 458% surge in ETH.

Ethereum Price Targets $15,000: Is a Breakout Imminent?

Though Ethereum is currently trading below the $3,000 range, experts remain bullish about the altcoin’s future performance. In a recent X post, analyst Crypto Rover predicted Ethereum price’s bullish ascendance to $15,000. He stated, “ETH will teleport over $15,000.”

In addition, positing that ETH is undervalued, Crypto Rover highlighted the token’s potential price points. According to the chart presented by him, ETH could breakout above $7000 in the near term.

Crucial Patterns Identified: What’s Next?

Significantly, expert CryptoGoos identified a head and shoulders pattern in Ethereum’s weekly chart. While the pattern typically indicates a bullish resurgence, the Ethereum price could possibly hit $6,000. The analyst believes that Ethereum’s possible uptick could be a catalyst for an Altseason.

In addition, CryptoGoos drew an intriguing parallel between Copper and Ethereum, offering a thought-provoking analogy. According to the analyst, Ethereum’s price movement mirrors that of Copper, just as Bitcoin’s is often compared to gold, suggesting a potential target for ETH above $5,000.

Will Ethereum Price Hit $15,000 In This Bull RunWill Ethereum Price Hit $15,000 In This Bull Run

Meanwhile, influencer Crypto Admiral spotted a symmetrical triangle, a pattern that signals an “epic” breakout. The analysis argues that the Ethereum price could surge past the critical resistance zone of $3,200, potentially breaking above $5,600.

Corroborating Crypto Admiral’s analysis, trader Crypto GEMs asserted that Ethereum is getting ready for an epic bull run. He strengthened his analysis by highlighting a massive symmetrical triangle identified on the ETH chart.

Notably, Ethereum’s bullish sentiment is driven by several factors including the Pectra upgrade anticipated on April 8. Recently, Ethereum released a roadmap for its upcoming Pectra upgrade, with scheduled activations on February 24 on the Holesky testnet and March 5 on Sepolia.

Ethereum Repeats History

As highlighted by Mikybull Crypto, the Ethereum price is imitating patterns seen in February 2024. A bullish cross has just occurred on the ETH chart, mirroring the same pattern seen in February 2024, potentially signaling an incoming massive price rally.

Analyst Ted’s identification of a double bottom pattern also highlights ETH’s breakout. Ted wrote, “Ethereum breakout pump will be legendary.”

As of press time, the Ethereum price is marked at $2,690, down by 1.38%. However, despite a 2.57% uptick over the last seven days, ETH experienced a massive dip of 19% in a month. Boasting a market cap of $324.63 billion,

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Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Cardano Bulls Secure Most Important Signal To Drive Price Rally

Published

2 hours ago

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April 19, 2025

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The price of Cardano has managed to stay resilient as market volatility has continued to grow, riding on new signals for ADA bulls to drive growth. Cardano has remained on the horizon over the past few weeks as it locked in to retail its ranking as the 10th largest cryptocurrency.

With technical indicators showing a potential rebound, such as the golden cross metric, the question remains whether the ADA price can break out of its current consolidation.

ADA and Mission With Market Bulls

Cardano’s price was $0.6282 at the time of writing, up marginally by 0.64% in 24 hours. ADA bounced back from a low of $0.6197 to a high of $0.6340 to extend its ongoing consolidation.

Despite this close trading range, the asset’s price will likely benefit from the positive shift in Open Interest. This metric, as measured by CoinGlass data, has jumped by over 4% in the past 1 hour, a visible change in direction.

With this short-term shift, the total funds committed to ADA in the market are now pegged at 1 billion, worth over $629 million. Open Interest is a key metric that depicts the total value of contracts opened in the derivatives market. The bigger this figure in dollar terms, the more likely a trend shift is.

This current adoption boost has placed the ADA price in the spotlight. With speculation growing on whether the ADA price could hit $3 or higher levels, commitment in the derivatives market can reshape sentiment.

Cardano Price and Golden Cross Setup

Over the past 7 days, the price of the top altcoin, now capped below the $0.6677 resistance level. However, this will change if the current Golden Cross formation plays out.

Cardano PriceCardano Price
Cardano Price Chart. Source: TradingView

Per the ADA/USDT daily chart, two major indicators are flashing unique signals that must be watched closely. The Awesome Oscillator is still reading negative, a sign that, though bears remain in control, the excessive selloff might be thinning out. 

The Golden Cross, on the other hand, is on the verge of a breakout. The short-term or 9-day Moving Average is about to exceed the long-term or 21-day moving average. If this trend materializes, the Cardano price breakout will be confirmed.

With this signal, an ADA price analysis that teased $4 may be possible despite recent whale selloffs.

Cardano In the News

Amid the sustained dynamic trends in the crypto market today, ADA has remained in the spotlight over the past week.

As reported by CoinGape, the long-anticipated Cardano-Bitcoin staking is likely to become a reality soon. This is a major complement to the growing list of ADA ETF products now filed with the Securities and Exchange Commission (SEC).

If approved alongside other altcoin ETFs, it might usher in another era of institutional adoption for Cardano, setting the coin up for price breakout.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Analyst Reveals Dogecoin Price Can Reach New ATH In 55 Days If This Happens

Published

7 hours ago

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April 19, 2025

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Crypto analyst Master Kenobi has provided a bullish outlook for the Dogecoin price, predicting that it could reach a new all-time high (ATH) in 55 days. He revealed what needs to happen for DOGE to achieve this milestone by June, based on his 55-day target.

How The Dogecoin Price Could Reach A New ATH By June

In an X post, Master Kenobi stated that the Dogecoin price will likely reach a new all-time high within approximately 50 to 55 days once it breaks above the trendline he highlighted on his accompanying chart.

dogecoindogecoin

The chart showed that the crucial price level DOGE needs to break above, based on this trendline, is $0.15488. The analyst then remarked that a conservative price target for the top meme coin would be $0.90 by June 5-10.

Master Kenobi had made this prediction while alluding to an earlier post in which he indicated that the Dogecoin bottom was almost near. In that post, he stated that the last time DOGE experienced a downturn, there was a 100-day period from the local bottom to the local top. He noted the meme coin is now halfway through a similar timeframe.

In line with this, the crypto analyst expects the Dogecoin price to reach a new all-time high (ATH) during this period, although he admitted that it is unclear whether it will break the psychological $1 level.

Crypto analyst Kevin Capital also suggested that a massive rebound was on the horizon for the DOGE price. In an X post, he stated that everything is going according to plan for Dogecoin. He urged market participants to stay patient, noting that every day that passes is another day closer.

DOGE Traders Remain Undecided At The Moment

In an X post, crypto analyst Trader Tardigrade indicated that DOGE traders are currently undecided on the meme coin’s next move. In an X post, he stated that the Dogecoin price structure has been converging into a triangle pattern, indicating market indecision.

dogecoindogecoin

He noted that during this period, buyers hesitate to buy high, while sellers are cautious about selling low, leading to conservative behavior on both sides. The analyst added that this pattern typically occurs between a downtrend and an uptrend.

This market indecision currently explains why DOGE investors continue to accumulate and dump their coins at will with no clear sign of active accumulation or a wave of sell-offs. As CoinGape reported, crypto whales recently dumped 570 million DOGE, as the Dogecoin price continues to trade sideways.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Pi Coin Price Soars As Pi Network Reveals Massive Community Reward Plans.

Published

10 hours ago

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April 19, 2025

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Pi coin price went up considerably after a recent announcement outlining the project’s tokenomics and migration plan.

The news revealed that 65 billion Pi tokens have been held in reserve for community mining rewards. This fact accounts for the long-term token distribution strategy of Pi Network, an organization that has labored diligently to develop its ecosystem for more than six years.

Pi Coin Price Pumps Following Token Distribution Details

According to the latest data, the Pi coin price jumped close to 5.5% in the last 24 hours. The coin jumped from an all-time 24-hour low of $0.6098, reaching as high as $0.6599.

Pi had also been in a seven-day trading range of $0.594 to $0.774, and the latest news favored bullish price momentum. Of the 100 billion maximum token supply, 65% (65 billion tokens) is allocated specifically for community mining rewards. CoinGape has also released an analysis of how high Pi Coin can go if major banks start using it.

As per the announcement, the remaining supply is divided among foundation reserves (10 billion tokens or 10%), liquidity purposes (5 billion tokens or 5%), and the Core Team (20 billion tokens or 20%).

A distinctive feature of Pi’s tokenomics is that all allocations track the pace of community migrated mining rewards. This means that as verified community members migrate to the mainnet, tokens from other allocation categories become proportionally available.

The network explained that this structure “was intentionally designed to align the interests of all parties in the network to get as many Pioneers and as many Pi onto the Mainnet as possible.”

In practical terms, this means the effective total supply at any given time can be calculated by dividing the current migrated mining rewards on the blockchain by 65%.

Mainnet migration advances with phased approach

Pi Network has mentioned a structured roadmap for migrating its community of users to the mainnet blockchain. The network highlighted that it has already successfully migrated over 12 million people. They also described this as “an achievement of scalability in the industry.”

The migration process is proceeding in distinct phases based on network priorities. Currently, Pi Network is completing initial migrations for users in the queue. This include verified base mining rewards, Security Circle rewards, lockup rewards, utility apps usage rewards, and confirmed Node rewards.

Once this first migration phase is completed, the network will focus on second migrations that will also incorporate referral mining bonuses attributable to team members who have passed KYC verification.

In addition, the final stage will involve shifting to regular, periodic migrations that will include all bonuses and rewards. CoinGape has also delved into Pi Network price analysis on whether you should sell or hold your Pi Coins.

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Vignesh Karunanidhi

Vignesh Karunanidhi is a seasoned crypto journalist with nearly 7 years of experience in the cryptocurrency industry. He has contributed to numerous publications, including WatcherGuru, BeInCrypto, Milkroad, and authored over 10,000 articles

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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