Ethereum Stages Bounce — $8,500 in Sight If Resistance Falls

Ethereum Stages Bounce — $8,500 in Sight If Resistance Falls
Ethereum Stages Bounce — $8,500 in Sight If Resistance Falls

Key notes

  • Analysts expect the price of Ethereum to exceed $7,000 by May 2026.
  • Major institutions, including BitMine and BlackRock, have reportedly bought billions of dollars in ETH.
  • Robert Kiyosaki recommends buying Ethereum alongside silver as a store of value.


Ethereum
$4122



24-hour fluctuations:
2.0%


Market value:
$496.16 billion



Vol. 24 hours:
$57.89 billion

The price has seen a strong recovery following the cryptocurrency market crash, and is currently trading at the $4,100 level. Market experts point out that this V-shaped recovery from the $3,500 bottom indicates a strong bullish sentiment for the rally to continue. If ETH surpasses its all-time highs, analysts expect a rally to $8,500 to come.

Experts say that the price of Ethereum could rise by another 100%

Market experts are closely monitoring the ETH price recovery after it fell to $3,500 in a flash crash last Friday. With the broader cryptocurrency market recovery, Ethereum has rebounded to $4,100 as of press time.


Popular cryptocurrency analyst Ted Bellows said that the bulls succeeded in reclaiming the $4,060 support level. He added that the asset is currently showing a V-shaped recovery pattern, which is a bullish signal that indicates strong market momentum.

According to Analyst X, the next crucial resistance is at $4,250. A break above this level will likely put bulls back in control of Ethereum’s trend in the short term.

Other market analysts have echoed similar thoughts, noting that ETH is poised for a multi-month rally. Renowned analyst Mike Investing said that Ethereum’s recent price decline below $4,000 was the latest as the asset begins its multi-month rally.

According to Mike, major institutional players, including BitMine and BlackRock, among others, collectively amassed billions of dollars worth of ETH during the recent market decline. The price of Ethereum is expected to exceed $7,000 by May 2026 if current accumulation trends continue.

Cryptocurrency analyst Javon Marks noted that Ethereum (ETH) may be poised for its next upward move. Marks noted that a break above the key resistance level of $4,811.71 could trigger a rally, which could send Ethereum prices above $8,500.

Robert Kiyosaki says: Buy silver and ethereum

While predicting the biggest financial market crash of the year in 2025, famous analyst Robert Kiyosaki advised his followers to buy silver and Ethereum. Kiyosaki wrote in his message on the X platform:

“Today, I think silver and Ethereum are the best because they are stores of value.”

Kiyosaki also praised Trump’s 401(k) retirement plan, which allows investors to invest in alternative digital assets. In a recent post on X, the millionaire expressed his admiration for Trump and praised him for challenging financial elites who he claims have taken advantage of the working class through traditional 401(k) plans.

Snorter Bot (SNORT) is targeting a pre-sale raise of $5 million

Snorter Bot, a fast-growing Telegram-based business assistant, is gaining traction and is close to raising $5 million. It combines the viral appeal of meme coins with advanced trading functionality. The bot is designed to simplify cross-chain trading, and allows users to select, snipe, and manage tokens directly within Telegram with just a few clicks.

The first release focuses on the Solana ecosystem, taking advantage of its fast transactions and low fees. Future updates plan to expand support to include Ethereum, BNB Chain, and other EVM-compatible blockchains.

The SNORT token powers Snorter’s premium features. With a fixed supply of 500 million tokens, the project aims to make high-speed DeFi trading accessible to all users.

Pre-sale highlights

  • Token price: $0.1077.
  • Funds raised: $4.64 million.
  • Pointer: $SNORT.
  • Network: Solana.

With its low trading fees and multi-chain roadmap, Snorter Bot has quickly become one of the best cryptocurrency presale services on the market.

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to provide accurate and timely information but should not be considered financial or investment advice. Since market conditions can change rapidly, we encourage you to verify the information yourself and consult with a professional before making any decisions based on this content.

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Bhushan is a fintech enthusiast and has a good knack for understanding financial markets. His interest in economics and finance draws his attention towards new emerging Blockchain technology and cryptocurrency markets. He is in a constant learning process and keeps himself motivated by sharing the knowledge gained. In his spare time, he reads erotic fiction and sometimes explores his culinary skills.

Bhushan Akolkar on X


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