
Ethereum Price Rises 50% In Just One Week: Is Altseason Beginning?
The ETH Price experienced tremendous growth in just a week’s time – an intense buying spree elevated it by 50%. This influx of capital is substantial! It likely indicates that major investors are keen on the asset, anticipating that their purchases will yield favorable returns over time. In this article, engage with the technical analysis journey and delve into what the charts are indicating.
$ETH – #Ethereum will reach $5,000 this year. pic.twitter.com/oQfao2Ih89
— Crypto Fella (@CryptoFellaTx) May 26, 2025
Naturally, all investors make purchases with the prospect of possible returns. The main distinction between retail and institutional investors lies in the fact that institutions generally conduct far more extensive due diligence prior to acquiring an asset compared to retail buyers. Individual investors typically lack the significant capital necessary to influence crypto market prices.
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Ethereum Price: Technical Analysis Indicates ETH USD Recovery
(ETHBTC)
We commence our evaluation by examining the ETH/BTC weekly chart. This chart is frequently regarded as a benchmark for alt season, signaling a bullish trend. The ratio has retraced to the 2019 level and formed a substantial buy candle at the start of May.
Given the magnitude and volume of ETF inflows during that week, this candle can be categorized as Optimistic Engulfing. A positive beginning! However, we would prefer to see the purple zone reestablished.
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(ETHUSD)
Shifting our focus to ETH/USD, we now assess the 1D chart. Prominent buy candles are visible daily, surpassing previous highs, MA50, and MA100, with resistance encountered at MA200. An FVG from that initial daily massive candle coincides with the last high and the moving averages. Such alignments increase the likelihood of a price retracement to $2100 before a potential break of the MA200 line. This retracement could also reset the RSI back to the 40-50 range, where another upward movement could initiate.
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(ETHUSD)
This article concludes with a 1H chart, to which I have added numerous insights. Please review this and attempt to identify at least one of these patterns or insights on a different chart. Collectively, these indicators suggest to me that we will approach the $2300 region at minimum. Currently, the price is trading beneath the MA50 as well. The FVG from the prior pessimistic engulfing candle was reached a few hours ago. That would be where I would set my stop wrecked if I were to take a short position here.
Once there is a slight retracement, I anticipate it will challenge the MA200 on the 1D chart. If it breaks, I foresee numerous altcoins rising significantly.
Wishing you successful trading and please stay safe!
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Ethereum Price Rises 50% In One Week: Is Altseason Approaching?
- Trading market structure shifted to uptrend this month
- RSI appears to be peaking on a 1D timeframe
- Possible retracement to $2100
- Must surpass MA200 on a 1D basis for alt season to commence.
The post Ethereum Price Gains 50% In One Week: Altseason Starting? appeared first on 99Bitcoins.