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Technical indicators suggest that Ethereum could start a higher time frame rally in the coming weeks.
This Ethereum price prediction explores how far $ETH can go and how this could affect promising ecosystem plays like Best Wallet Token.
ETH Price Chart Shows Multiple Bottom Signals
One standalone technical indicator can be misunderstood, but when multiple signals say the same thing with unmistakable clarity, it means a big move is brewing.
And that’s exactly what’s happening with Ethereum right now.
Looking at the Ethereum price chart on the weekly time frame, we can see that the last two times $ETH’s relative strength indicator (RSI) tapped 30, it resulted in exponential price rallies.
The first time led to a 5,633% gain, and the second one led to a 322% gain.
Ethereum is now touching that level for a third time, but the key difference to the last time is that Ethereum is already closer to the $4.8K all-time high (ATH).
Should this RSI level act as a springboard again, then $ETH could blast through its ATH and enter price discovery. This would create excitement, FOMO, and greed, which could propagate a more aggressive move upward.
But it’s not just the RSI indicator that hints at significant gains. Ethereum’s price against Bitcoin is also at a macro low. The last time Ethereum was this cheap relative to Bitcoin was in 2020, and its subsequent upward move outpaced Bitcoin’s by almost 3x.
Indeed, with Ethereum at historically important zones in its USD and Bitcoin pairings, this feels like a perfect time for its price to commence a higher-time frame rally. But how far can it go?
Analyst Says Ethereum to Hit $7K
While $10K has been a long-term idealized price target amongst Ethereum holders, analysts are not getting ahead of themselves.
Its chart setup indicates that a bottom is in, but traders are looking for more realistic price targets.
According to CryptoYoddha, $ETH could reach between $5K and $7K in the coming months. He calls its current market sentiment “depression” and says there was only one other time when it was at this level: 2020.
At the time, Ethereum traded at lows of $130 but subsequently rose to its $4.8K ATH.
1 $ETH < $1500
Buy now or regret later pic.twitter.com/vLZr7y9lJB
— Crypto Yoddha (@CryptoYoddha) April 7, 2025
Analyst Stasher has a similar target in mind, forecasting that Ethereum will hit around $7K this year and this will mark the bull run peak.
$ETH pic.twitter.com/o0XhHCcXde
— STASHER 🥷🏼 (@cryptostasher) April 7, 2025
From its current price of $1.5K, this leaves room for more than a 4x gain.
However, should Ethereum rally as expected, it will position smaller market-cap ecosystem tokens for massive growth. A prime example of this is Best Wallet Token, a trending crypto presale that a top analyst says can 100x.
Best Wallet Token Backed to 100X After Raising $11.6M
Best Wallet Token is the new cryptocurrency that powers Best Wallet, a next-generation crypto wallet.
While most crypto wallets are used to buy and store cryptos and do little else, Best Wallet could be one of the industry’s most well-rounded apps.
Yes, you can buy and store cryptos. But you can also spend your crypto in the real world with Best Card, trade cryptocurrency futures contracts, stake your tokens, research and buy new presales, manage NFTs, and much more.
Holding the Best Wallet Token provides users with even more value. This grants them trading fee discounts, higher staking yields, governance rights, and access to promotions on partner projects.
And Best Wallet isn’t just an Ethereum wallet; it also supports Bitcoin, Solana, XRP, Cardano, and many more blockchains.
It’s at the cutting edge of on-chain innovation, which is why top analyst Allesandro de Crypto says the project could yield 100x gains.
Best Wallet token is currently undergoing a presale, and it has raised $11.6 million so far.
With $BEST currently in its early stages and offering a use case that could revolutionize on-chain activity, it’s clear to see why analysts believe the project has such potential.
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