{"id":25884,"date":"2025-05-08T20:16:43","date_gmt":"2025-05-08T20:16:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25884"},"modified":"2025-05-08T20:16:43","modified_gmt":"2025-05-08T20:16:43","slug":"ethereum-eth-is-waking-up-how-high-can-it-go-analysts-weigh-in","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25884","title":{"rendered":"Ethereum (ETH) Is Waking Up: How High Can it Go? (Analysts Weigh in)"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">After a brutal drop below $1,400 in April, Ethereum (ETH) is showing signs of life again, reclaiming key technical levels and surging past $2,000.<\/span><\/li>\n<li>Many analysts are optimistic that the price can go much higher in the near future, with some envisioning a new ATH.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH_CB-6.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-395795\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH_CB-6.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH_CB-6.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH_CB-6-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH_CB-6-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH_CB-6-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH_CB-6-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>\u2018The Bull Run Has Begun\u2019<\/h2>\n<p><span data-preserver-spaces=\"true\">The second-largest cryptocurrency has been among the biggest disappointments of the market during this cycle. It not only failed to chart a new all-time high, but it also trades now lower than it did before the US elections. However, i<\/span>n the past 24 hours, the asset experienced a substantial uptick, rising by over 10% and exploding above $2,000.<\/p>\n<figure id=\"attachment_395848\" aria-describedby=\"caption-attachment-395848\" style=\"width: 1271px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-200843.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-395848\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-200843.png\" alt=\"ETH Price. Source: CoinGecko\" width=\"1271\" height=\"648\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-200843.png 1271w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-200843-300x153.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-200843-1024x522.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-200843-768x392.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-200843-50x25.png 50w\" sizes=\"auto, (max-width: 1271px) 100vw, 1271px\"><\/a><figcaption id=\"caption-attachment-395848\" class=\"wp-caption-text\">ETH Price. Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Its positive performance could be attributed to the resurgence of the entire cryptocurrency sector, where BTC <a href=\"https:\/\/cryptopotato.com\/500m-in-shorts-liquidated-as-bitcoin-btc-blasts-above-101k\/\" data-wpel-link=\"internal\">skyrocketed<\/a> past $100,000, while the industry\u2019s market capitalization surged above $3.250 trillion. ETH\u2019s rally also followed the implementation of Ethereum\u2019s <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ethereums-pectra-upgrade-finally-goes-live\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">Pectra upgrade<\/span><\/a><span data-preserver-spaces=\"true\">, designed to enhance staking, scaling, and overall network efficiency.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Crypto X is now rammed with analysts predicting a further uptrend for the asset. Captain Faibik <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoFaibik\/status\/1920418215332635125\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">argued<\/span><\/a><span data-preserver-spaces=\"true\"> that ETH is finally reclaiming the daily Exponential Moving Average (EMA) of $1,855. The X user believes that the next critical resistance zone is the $2,100-$2,140 range, and if taken back, \u201cbulls will regain control.\u201d\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For their part, Ledger Bull suggested that ETH \u201cis no longer bearish\u201d and \u201cit\u2019s officially waking up.\u201d The analyst <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/LedgerBull1_9\/status\/1920430944801985010\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">assumed<\/span><\/a><span data-preserver-spaces=\"true\"> that the asset had entered the accumulation flat zone, which, combined with the latest pump, signals the potential start of a bull run.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cOld king ETH is back, <\/span><span data-preserver-spaces=\"true\">and it\u2019s<\/span><span data-preserver-spaces=\"true\"> ready to roar,\u201d they added.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Lucky and Merlijn The Trader also outlined optimistic forecasts. The former <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/LLuciano_BTC\/status\/1920400499330740304\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">envisioned<\/span><\/a><span data-preserver-spaces=\"true\"> a jump towards $4,000 in the following months, while the latter believes ETH could skyrocket to a whopping $12,000 by the start of 2026. He <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/MerlijnTrader\/status\/1920161710230679949\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">based<\/span><\/a><span data-preserver-spaces=\"true\"> this theory on the <\/span><span data-preserver-spaces=\"true\">supposed<\/span><span data-preserver-spaces=\"true\"> analogy between Ethereum\u2019s price chart in the past three years and the one of <\/span><span data-preserver-spaces=\"true\">bitcoin<\/span><span data-preserver-spaces=\"true\"> formed between 2019 and 2021.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Observing Some Signals<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">ETH\u2019s overall condition appears quite bullish when taking a closer look at some vital indicators. The asset\u2019s exchange netflow, for example, has been negative in the last week or so, <\/span><span data-preserver-spaces=\"true\">hinting<\/span><span data-preserver-spaces=\"true\"> at a shift from centralized platforms toward self-custody methods, which reduces the immediate selling pressure.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_395793\" aria-describedby=\"caption-attachment-395793\" style=\"width: 977px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Exchange-Netflow.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-395793\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Exchange-Netflow.png\" alt=\"ETH Exchange Netflow\" width=\"977\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Exchange-Netflow.png 1527w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Exchange-Netflow-300x123.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Exchange-Netflow-1024x419.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Exchange-Netflow-768x314.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Exchange-Netflow-50x20.png 50w\" sizes=\"auto, (max-width: 977px) 100vw, 977px\"><\/a><figcaption id=\"caption-attachment-395793\" class=\"wp-caption-text\">ETH Exchange Netflow, Source: CryptoQuant<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">In addition, Google searches involving Ethereum have been on the rise for<\/span><span data-preserver-spaces=\"true\">\u00a0the past several days. This signals increased interest from investors, especially from retail.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_395790\" aria-describedby=\"caption-attachment-395790\" style=\"width: 1238px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Google-Searches.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-395790\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Google-Searches.png\" alt=\"ETH Google Searches\" width=\"1238\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Google-Searches.png 1120w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Google-Searches-300x97.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Google-Searches-1024x331.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Google-Searches-768x248.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/ETH-Google-Searches-50x16.png 50w\" sizes=\"auto, (max-width: 1238px) 100vw, 1238px\"><\/a><figcaption id=\"caption-attachment-395790\" class=\"wp-caption-text\">ETH Google Searches, Source: Google Trends<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Market participants, though, should keep an eye on the Relative Strength Index (RSI), which recently entered the bearish zone of over 70. Readings above that level <a href=\"https:\/\/www.cryptowaves.app\/relative-strength-index\/ETH\" data-wpel-link=\"external\" target=\"_blank\">indicate<\/a> that ETH has likely experienced a rapid price increase over a short period, which could be a precursor to an incoming correction.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-eth-is-waking-up-how-high-can-it-go-analysts-weigh-in\/\" rel=\"nofollow\">Ethereum (ETH) Is Waking Up: How High Can it Go? (Analysts Weigh in)<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR After a brutal drop below $1,400 in April, Ethereum (ETH) is showing signs of life again, reclaiming key technical levels and surging past $2,000. Many analysts are optimistic that the price can go much higher in the near future, with some envisioning a new ATH. \u2018The Bull Run Has Begun\u2019 The second-largest cryptocurrency has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25884","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25884"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25884\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}