{"id":73086,"date":"2025-06-10T15:00:40","date_gmt":"2025-06-10T15:00:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=73086"},"modified":"2025-06-10T15:00:40","modified_gmt":"2025-06-10T15:00:40","slug":"ethereum-price-eyes-38-jump-to-3500-as-50ema-swims-into-view","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=73086","title":{"rendered":"Ethereum Price Eyes 38% Jump To $3,500 As 50EMA Swims Into View"},"content":{"rendered":"

Crypto analyst Crypto Bullet has raised the possibility of the Ethereum price<\/a> surging by 38% soon. He alluded to the 50EMA as the only thing holding ETH from witnessing this price surge, but suggested that it could change soon with a breakout on the horizon.\u00a0<\/p>\n

Ethereum Price Eyes 38% Jump To $3,500<\/h2>\n

In an X post<\/a>, Crypto Bullet predicted that the Ethereum price could record a 38% surge to $3,500. This came following as he highlighted the ongoing battle between ETH and the 50EMA, noting that this indicator was the only thing holding the altcoin back from a parabolic surge. The analyst added that on average, a breakout results in a 38% pump, which puts Ethereum exactly at $3,500<\/a>.\u00a0<\/p>\n

As NewsBTC reported, Crypto Bullet also recently predicted<\/a> that the Ethereum price could rally to $3,300 as a Morningstar Candle pattern formed. Back then, he noted that ETH was facing tough resistance at $2,500 but affirmed that the resistance would be broken in due time. He indicated that a breakout from that resistance will usher in the rally to $3,300.\u00a0<\/p>\n

The Ethereum price has now broken above the $2,500 resistance, which provides a bullish outlook for the largest altcoin by market cap. Based on Crypto Bullet\u2019s prediction, a rally to $3,300 may already be underway, which could then lead ETH to the $3,500 target<\/a>. In a more recent X post, the crypto analyst commented on the recent break above $2,500.\u00a0<\/p>\n

He stated<\/a> that the Ethereum price is now trying to break the 200-day MA, which is between $3,000 and $3,300, for the fifth time. He indicated that a breakout above the range is likely to happen on this fifth attempt. His accompanying showed that ETH could rally to the $4,000 level if a successful breakout occurs.\u00a0<\/p>\n

ETH About To Begin A New Bull Run<\/h2>\n

Crypto analyst Trader Tardigrade predicted<\/a> that another bull run is about to start for the Ethereum price. He noted that ETH\u2019s daily candle closed above the resistance level at $2,650<\/a> yesterday and also opened above this resistance level today. The analyst added that ETH is now moving above it, which signals the start of a new bull run.<\/p>\n

His accompanying chart showed that the Ethereum price is breaking out of an ascending triangle<\/a>, which could send the altcoin above the psychological $3,000 level. Crypto analyst Mikybull Crypto also declared<\/a> that Ethereum\u2019s breakout will be huge, with ETH still maintaining its current range between $2,400 and $2,600.\u00a0<\/p>\n

At the time of writing, the Ethereum price is trading at around $2,670, up over 7% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

Crypto analyst Crypto Bullet has raised the possibility of the Ethereum price surging by 38% soon. He alluded to the 50EMA as the only thing holding ETH from witnessing this price surge, but suggested that it could change soon with a breakout on the horizon.\u00a0 Ethereum Price Eyes 38% Jump To $3,500 In an X […]<\/p>\n","protected":false},"author":0,"featured_media":73087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-73086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/73086"}],"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=73086"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/73086\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/73087"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}