{"id":202655,"date":"2023-11-29T08:03:06","date_gmt":"2023-11-29T02:33:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=202655"},"modified":"2023-11-29T08:03:06","modified_gmt":"2023-11-29T02:33:06","slug":"here-is-when-ethereum-eth-might-reach-its-ath-again-this-analyst-chips-in-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/here-is-when-ethereum-eth-might-reach-its-ath-again-this-analyst-chips-in-crypto-news\/","title":{"rendered":"Here is When Ethereum (ETH) Might Reach Its ATH Again: This Analyst Chips in &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Ethereum (ETH) is showing strong performance, currently trading around $2,000, with predictions of reaching its all-time high of over $4,800.<\/li>\n<li>Analyst FieryTrading forecasts ETH to reach nearly $5,000 by early 2025, citing a long-term bullish pattern.<\/li>\n<li>The same analyst predicts a significant rise for Cardano\u2019s ADA, expecting it to exceed $35 by 2025 based on bullish market patterns.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2023\/11\/ETH.jpg\" data-wpel-link=\"internal\"><\/a><\/span><\/h2>\n<h2>\u2018Big Gains for ETH\u2019 on the Horizon?<\/h2>\n<p><span data-preserver-spaces=\"true\">Ethereum\u2019s native cryptocurrency \u2013 Ether (ETH) \u2013 is another asset that has shown strong resilience following the devastating market crash in the second part of 2022. It currently trades at around $2,000 (per CoinGecko\u2019s data), a 70% price increase compared to the first day of the ongoing year.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Some analysts believe the current condition is just the beginning of an uptrend that could eventually take ETH to its all-time high of over $4,800. Such an individual is the one using the TradingView handle FieryTrading.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to them, the coin has been in a bullish mode for the past year and a half, suggesting a further surge in the following months.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cAs seen on the chart, ETH has been trading inside a bullish triangle pattern for over 1.5 years. In my eyes, a break out from this pattern might result in big gains for ETH since it will burst through an area full of short-trade stop-losses, which will be forced to buy back their positions,\u201d the analyst\u00a0<\/span><a rel=\"nofollow noopener\" target=\"_blank\" class=\"editor-rtfLink\" href=\"https:\/\/www.tradingview.com\/chart\/ETHUSD\/6KxSmfzi-Ethereum-MASSIVE-Bullish-Triangle-Nearly-Broke-Out\/\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">argued<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">According to their analysis, Ether\u2019s jump toward almost $5,000 is expected at the beginning of 2025. \u201cWith a stop below the recent swing low and a target around the current ATH, we can construct a very decent long-term trade for this big token,\u201d FieryTrading concluded.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Analyst\u2019s Take on ADA<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Apart from predicting ETH\u2019s possible price trajectory, FieryTrading has also given their two cents on Cardano\u2019s native token \u2013 ADA.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">They\u00a0<\/span><a rel=\"nofollow noopener\" target=\"_blank\" class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/cardano-ada-price-prediction-is-a-10000-increase-possible-by-2025\/\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">believe<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0the asset is poised for an astonishing increase toward $35 in two years based on certain parallel channels that hint about the beginning of a bull run:<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cSince the pattern has now been confirmed, we can take a look at the next bull-market top. Assuming that the bull-market top will be somewhere in 2025 and that ADA will continue to follow this pattern, we can make the assumption that ADA will top somewhere above $35.\u201d<\/span><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0;clear: both\">\n<div><span style=\"font-size:11px;color: gray\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\">terms<\/a>).<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Ethereum (ETH) is showing strong performance, currently trading around $2,000, with predictions of reaching its all-time high of over $4,800. Analyst FieryTrading forecasts ETH to reach nearly $5,000 by early 2025, citing a long-term bullish pattern. The same analyst predicts a significant rise for Cardano\u2019s ADA, expecting it to exceed $35 by 2025 based [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":202656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-202655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=202655"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202655\/revisions"}],"predecessor-version":[{"id":202658,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202655\/revisions\/202658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/202656"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=202655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=202655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=202655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}