{"id":248202,"date":"2026-11-05T18:22:13","date_gmt":"2026-11-05T18:22:13","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=248202"},"modified":"2026-11-05T18:22:13","modified_gmt":"2026-11-05T18:22:13","slug":"ethereum-eth-pumps-and-dumps-the-next-potential-targets-revealed","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=248202","title":{"rendered":"Ethereum (ETH) Pumps and Dumps: The Next Potential Targets Revealed"},"content":{"rendered":"

The largest altcoin spiked above $2,400 after the overall green wave swept through the cryptocurrency market following the Democrats\u2019 win in the US midterm elections. Then, it was violently rejected and slumped below $2,300.<\/p>\n

Nevertheless, analysts are now optimistic that ETH\u2019s price could surge past $3,000 and even higher in the short term. Meanwhile, the renewed institutional interest supports the bullish outlook.<\/p>\n

\u2018The Sleeper of This Cycle\u2019<\/h2>\n

X user Ted noted<\/a> that ETH has finally reclaimed the 50D EMA level after pumping above $2.4K, calling the move \u201ca major sign of strength.\u201d Historically, sustained pumps beyond that zone have often coincided with periods of continued upward momentum.<\/p>\n

For their part, Crypto Candy pointed out<\/a> that the cryptocurrency has been printing higher lows, while recovering from every pullback and maintaining its bullish structure. The analyst is looking at \u201cthe bigger picture,\u201d arguing that the bullish structure remains intact and expects an explosion toward new peaks. The X user also said they bought ETH when it was trading around $2,270.<\/p>\n

Wealthmanager and Merlijn The Trader also chipped in. The former believes<\/a> ETH\u2019s pump isn\u2019t over yet and envisions a rise above $3,000 in the coming months. The latter described<\/a> the asset as \u201cthe sleeper of this cycle\u201d and noted that its price has made a second test of a band that has held since 2018.<\/p>\n

\u201cLast time it got tested twice: $90 to $4,800. Same setup. Same silence. You know what comes next,\u201d he concluded.<\/p>\n

Earlier this week, Ali Martinez presented<\/a> his outlook as well. He said ETH\u2019s recent drop to a local bottom of around $2,200 coincided with the TD Sequential, which flashed a buy signal on the three-day chart.<\/p>\n

\u201cIf buying pressure picks up, ETH could rebound to $2,500. Breaking that level would put the setup resistance trendline near $2,700 in focus,\u201d the analyst predicted.<\/p>\n

Meanwhile, spot ETH ETFs have finally posted a green day, attracting over $50 million. This marks the highest daily inflow since September, but it may be too early to call it a trend reversal, given the persistent bleeding over the past several weeks.<\/p>\n

\n

<\/a>
\nSpot ETH ETFs, Source: SoSoValue<\/p>\n<\/div>\n

Correction Incoming?<\/h2>\n

Ethereum\u2019s Relative Strength Index (RSI) tells a different story. The indicator, which measures the speed and magnitude of recent price changes, is often used by traders to spot potential price reversal points.<\/p>\n

It runs from 0 to 100, where readings above 70 suggest the asset has become overbought and could be gearing up for a pullback. Conversely, anything below 30 is usually considered a buying opportunity. Currently, the RSI stands at around 72, backing the bearish thesis.<\/p>\n

<\/a><\/p>\n

The post Ethereum (ETH) Pumps and Dumps: The Next Potential Targets Revealed<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The largest altcoin spiked above $2,400 after the overall green wave swept through the cryptocurrency market following the Democrats\u2019 win in the US midterm elections. Then, it was violently rejected and slumped below $2,300. Nevertheless, analysts are now optimistic that ETH\u2019s price could surge past $3,000 and even higher in the short term. Meanwhile, the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-248202","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/248202"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=248202"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/248202\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=248202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=248202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=248202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}