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Ethereum Signals Bullish Momentum as Whale Activity Rises, ETH Price Rally Ahead?

Ethereum Signals Bullish Momentum as Whale Activity Rises, ETH Price Rally Ahead?
Ethereum Signals Bullish Momentum as Whale Activity Rises, ETH Price Rally Ahead?

Main notes

  • TD sequence index, a sign of eth.
  • The whale pulls more than 3 million dollars from the Bitget, indicating long -term confidence.
  • Trader Merlijn warns that the loss of this accumulation may be a big mistake 2025.

ethereum

Eth
1 647 dollars



24 hours fluctuation:
3.4 %


The maximum market:
198.82 dollars b



Folder. 24h:
$ 10.48 b

It displays life marks again, as the price of 2.5 % in the past 24 hours recorded. This increase comes at a time when the TD sequence index is flashing a purchase signal, noticed by the famous encryption analyst Ali Martinez.

Martinez believes that this week may be important for the second largest encrypted currency in the world.


ETHEREUM whale high supports this view. According to Lookonchain, a large whale recently pulled 1897 ETH (more than $ 3 million) from Bitget, indicating a move towards the self -body.

Since April 3, this same whale withdrew a total of 3844 ETH at a value of $ 6.51 million, indicating long -term confidence in the potential of the ether price.

Cryptoquant data It also highlights a decrease in the ETH that was held on the stock exchanges, and now on the levels that were last seen in October 2024, before ETHEREM rose about $ 4,000. This decrease in supply usually hints to lower pressure pressure and raise the next prices.

Merlijn, a popular encryption dealer, also alluded to a signal to X, indicating that the price of ETH is about to launch. ”He warned that ignoring this accumulation could be the“ biggest mistake in 2025 ”.

ETH price is ready to break?

Time to write this report, The ether is trading About $ 1,648 with a maximum market of $ 198.6 billion. In the Eth Daily price scheme, the relative strength index is currently at 45.49, as it climbs from the sales lands, but still leaves a lot of space by the bulls.

Ether price scheme Source: TradingView

The price tests Bollinger Band Middle (20 days SMA), currently about $ 1,632. The clean hacking over the midfield and the final top test of the upper domain near $ 1,827 will indicate a stronger ups of a stronger.

However, if Eter fails to retain the middle range, the bottom range at $ 1,437 will serve as the main support level.

The MACD index recently started to turn up, with the MACD line above the signal line. Meanwhile, green repetition bars also indicate the bullish momentum.

Ether price scheme Source: TradingView

The main resistance remains at $ 1830 and 2000 dollars, with a decisive supply wall at $ 2,330, Martinez will then predict the presence of a bull gathering.

Tom Taker encryption commentator He pointed to X Ethereum closely tracks global liquidity trends – another sign that encryption can be “ready to go out.”

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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

Current currency news, ethereum news, news

Barth Dobby

Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.

Part Dubey on LinkedIn

The post Ethereum Signals Bullish Momentum as Whale Activity Rises, ETH Price Rally Ahead? first appeared on Investorempires.com.

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