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Ethereum continues to make waves in the broader cryptocurrency sector, even with its price falling below the $2,700 level once again as Thursday drew to a close. In recent weeks, ETH has shown notable bullish action, and several crypto analysts are highlighting its potential for a huge upward move toward higher levels in the short term.

Crucial Zone To Lead Ethereum To A New Peak

Given the current market weakness, Ethereum has lost some of its upward momentum after facing resistance at $2,800. Despite this brief pullback, ETH’s recent trend is pointing to a major rally, indicating an extension of the ongoing uptrend.

A seasoned crypto expert on the X platform, Trader Tardigrade, examining the price action, has forecasted a surge to a new all-time high. According to the technical analyst, Ethereum is currently navigating a critical technical zone that may serve as the impetus for one of its biggest rallies ever.

Examining the chart, this crucial zone is referred to as the Impulsive Waves zone. The expert is confident that ETH may be gearing up for a powerful surge to a new peak, as this zone has historically preceded massive upward breakout moves. 

Following a robust recovery in the last cycle, defined by a huge drop and a swift rebound, the expert claims that ETH is now entering the impulsive waves zone. Since the impulsive waves zone is known for its notable bullish influence on price, its recent emergence implies that ETH’s next major move might already be in motion.

With momentum building and Ethereum challenging key resistance levels, Trader Tardigrade foresees a substantial upward move to the $18,000 milestone, representing a nearly 700% rally from current price levels. The chart shows that the altcoin is likely to reach this untouched level by the second half of next year.

Is ETH Taking Over The Crypto Market?

Trader Tardigrade’s forecast could be backed by the fact that the market is slowly shifting towards an Ethereum season. A look at the ETH/BTC chart reveals that Ethereum is gaining bullish momentum as the pair rebounds from its monthly support level of 0.018.

Additionally, ETH’s price is forming a Bull Flag formation on the daily chart. A bull flag formation is a technical pattern that typically precedes a continued upward trend, suggesting that the altcoin’s bullish run is not yet over. When ETH breaks out from the bull flag pattern, the expert hints at a huge spike in price to the $4,000 mark. 

Crypto analysts like Javon Marks have predicted a sustained uptrend after hitting this key level last seen in December last year. As indicators align toward a rally, Javon Marks believes the next target for the altcoin is $4,811. The expert anticipates another +78% upside from this zone, pushing ETH to $8,500 and beyond.

Featured image from Getty Images, chart from Tradingview.com

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Breaking The Long-Term SMA: Why This Level Matters

In a recent update on X, popular crypto analyst CryptoS6 pointed out that BONK is flashing signs of a significant technical shift. The price is currently testing the 200-day SMA at $0.0000238, an area widely regarded as a major trend-defining level. Reclaiming this zone would mark BONK’s first serious bullish reversal since early Q1, signaling that buyers are regaining control after months of sideways or bearish pressure. Such a shift in control could ignite renewed investor interest and set the stage for an extended rally.

What makes the setup even more interesting is the minimal resistance standing between the current price and the 0.5 Fibonacci retracement level at $0.0000348. According to CryptoS6, this area often becomes a magnet for breakout-driven momentum, creating room for swift upward moves. If BONK can firmly close above the 200-day SMA, the probability of a stronger rally increases dramatically, as traders are likely to pile in behind the move.

CryptoS6 didn’t hold back from making a bold projection either. He suggested that BONK’s chart is setting the stage for what could be a “God Candle” explosive move, a vertical price move that would rapidly push he token from $0.000025 to $0.00004. 

BONK 3-Way Confirmation: Volume, Trend & History Say ‘Go’

CryptoS6 firmly emphasized that a combination of growing volume, strong trend alignment, and striking historical pattern symmetry reinforces the case for a major breakout in BONK.  The recent surge in volume is not just noise; it reflects increasing market participation and suggests that accumulation is underway, often a precursor to a significant price move. Meanwhile, BONK’s price action is aligning with key moving averages, particularly as it eyes a reclaim of the 200-day SMA, a critical indicator of long-term trend shifts.

In conclusion, CryptoS6 described the setup as “clean,” meaning the chart offers a well-defined structure and reliable levels for both entry and risk management. With momentum continuously building and minimal resistance ahead, the risk/reward profile remains highly favorable.

Trading volumes have more than doubled during this period and the price currently sits at $2.21 per token.

Trader Ali Martinez, whose X account is followed by nearly 137,000 users on X, shared two pivotal levels from which XRP could rally to higher highs in this positive environment.

The first of those levels is the $2 area, which coincides with the token’s 200-day exponential moving average (EMA). The price has bounced once from that area already and it was that price level that triggered the latest rally, meaning that trading volumes and buying interest is strong there.

The second key area highlighted by Martinez is $2.26. This one is the key resistance to watch down the road. If the price breaks above this marker, Ali’s XRP price prediction does not share a specific target for the token but he did say that a bullish or bearish breakout off these price levels could “set the tone for the next major trend.”

Key Levels to Watch for XRP as the Rally Accelerates

As expected, the Fed left interest rates unchanged for the time being. However, the Chairman of the U.S. central bank mentioned that they see a high risk of rising unemployment and high inflation as a result of the trade policies adopted by the Trump administration.

Still, the markets reacted positively to these comments, possibly as participants expect further rate cuts down the road if the economy shows signs of weakening growth.

This is a constructive scenario for XRP and other cryptocurrencies as lower rates provide higher liquidity to the market and tend to push prices higher.

Using Elliott Wave analysis, XRP appears to be in wave four of a bullish trend that could eventually push the price to at least $7.

The token has been consolidating since its December peak but has mostly remained above the 200-day EMA – a sign that the long-term trend remains intact.

As long as $2 holds as support, the price structure stays bullish, with a potential breakout above the $3.40 all-time high confirming the start of wave five.

Such a move would offer a 2x return from that level if XRP hits the $7 target.

While a $50 price remains a stretch for now, current market dynamics continue to support a positive outlook.

Meanwhile, some early-stage presales are catching investor attention as potential high-upside plays in this improving environment.

MIND of Pepe Surges Past $8.8M in Presale for AI-Powered Agent

MIND of Pepe (MIND) is a powerful AI agent token inspired by the viral internet meme Pepe the Frog.

The agent is designed to captivate large audiences across social media platforms like X by engaging in interesting conversations with high-profile users to discuss topics related to meme coins and the state of the crypto market.

As its influence grows, it will pass all of the insights it collects from these interactions to $MIND holders. It may also launch its own meme coins and give the MIND of Pepe community exclusive access to the private sales of these tokens to position them favorably to reap the highest returns.

The presale event will soon end so don’t miss the opportunity to grab some $MIND tokens at their discounted price of $0.0037515.

To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH or use a bank card to invest.

The post XRP Compression Pattern Points to Liftoff – Is $50 XRP Still on the Table? (XRP Price Prediction) appeared first on Cryptonews.