- Market analyst Ali predicts Ethereum could hit $7,000, citing historical MVRV Pricing Band trends.
- Donald Trump invests $42M in Ethereum within eight hours, sparking conspiracy theories of strategic moves.
- Analysts expect Ethereum to reach $3,800–$4,100, with potential outperformance against Bitcoin.
Ethereum’s price trajectory signals potential for significant gains, with market analyst Ali identifying a critical MVRV (Market Value to Realized Value) band level. In past bullish cycles, Ethereum consistently traded above the 3.2 MVRV band, a threshold that now points to a possible $7,000 target.
MVRV compares Ethereum’s current market price to the average price at which coins were acquired. Analysts interpret this metric as a strong signal of undervaluation or overvaluation.
Related: XRP vs. Ethereum: Can Ripple’s Token Stage Another Market Cap Upset?
Technical Indicators Point to Bullish Momentum for ETH
On the 1-day chart, the MACD line (blue) currently sits above the signal line (orange), and both are trending higher. This alignment indicates growing bullish momentum. A recent bullish crossover further strengthens this positive outlook.
Additionally, the Chaikin Money Flow (CMF) indicator is above the zero line, suggesting that more capital is entering the Ethereum market than leaving it. Together, these signals paint a bullish picture for the short term.
Trump’s Ethereum Investment Fuels Speculation
Reports reveal that U.S. President Donald Trump has purchased $16 million worth of Ethereum, adding to his earlier $26 million buy-in. The total $42 million acquisition has sparked widespread speculation about an imminent market move.
Adding further intrigue, conspiracy theorists speculate that Trump’s significant investments could be a strategic play to capitalize on ETH’s price momentum, possibly driving it toward the much-anticipated $10,000 mark.
ETH/BTC Pair Highlights Ethereum’s Growing Potential
The ETH/BTC trading pair shows Ethereum’s potential to outperform Bitcoin, with Bitcoin nearing local resistance levels. Market participants expect Ethereum to advance, particularly as the narrative surrounding its scalability and utility continues to evolve.
Experts also point to consolidation around $3,200 as a critical level for Ethereum traders. A breakout above this range could push ETH toward $3,800–$4,100 in the near term, with a longer-term target of $7,000.
Related: ICO Era Whale Transfers 5,055 $ETH To New Address: Report
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