Ethereum’s Golden Cross: Can ETH Surge 75% Against Bitcoin by Year-End?

ETH could surge 75% against BTC by year-end. Bullish indicators signal gains, but resistance levels remain.
A physical Bitcoin coin sits in front of a financial chart, suggesting a relationship between the cryptocurrency and market data. A physical Bitcoin coin sits in front of a financial chart, suggesting a relationship between the cryptocurrency and market data.
The Bitcoin coin shines in the foreground as financial charts illustrate its volatile market performance. By MDL.

Executive Summary

  • Ether (ETH) is projected to potentially surge by as much as 75% against Bitcoin (BTC) by the end of the year, according to technical analysis of its weekly chart.
  • This optimistic forecast is based on a maturing bullish reversal setup, including an inverse-head-and-shoulders (IH&S) pattern targeting 0.066 BTC and an impending golden cross indicator.
  • Despite the bullish signals, Ether faces significant resistance at the 200-week EMA near 0.045 BTC and a long-term downward trendline in the 0.050–0.055 BTC range, which must be overcome for the higher targets to be realized.
  • The Story So Far

  • The optimistic forecast for Ether’s potential 75% price surge against Bitcoin by year-end is underpinned by a maturing bullish reversal setup, specifically an inverse-head-and-shoulders (IH&S) pattern and an impending golden cross indicator between its 20-week and 50-week exponential moving averages, which historically preceded significant rallies, though Ether must overcome critical resistance levels, including the 200-week EMA and a long-term downward trendline, to achieve these targets.
  • Why This Matters

  • Technical analysis suggests that Ether (ETH) could significantly outperform Bitcoin (BTC) by the end of the year, potentially surging by up to 75% against it, driven by maturing bullish reversal patterns. This forecast implies a notable shift in crypto market dynamics, potentially drawing increased investment into Ethereum and the broader altcoin space. However, this bullish outlook is contingent on ETH overcoming crucial resistance levels, including its 200-week EMA and a long-standing downward trendline, which could temper the extent of any gains.
  • Who Thinks What?

  • Technical analysts predict Ether (ETH) could surge by as much as 75% against Bitcoin (BTC) by year-end, citing a maturing inverse-head-and-shoulders pattern and an impending golden cross indicator.
  • Despite bullish signals, Ether faces significant resistance from its 200-week EMA and a long-term downward trendline, which could impede a full breakout to the highest targets.
  • Even with existing resistance, Ether is still projected to achieve a 15%-30% growth against Bitcoin by the end of the year, indicating strong underlying bullish momentum.
  • Ether (ETH), the native token of the Ethereum blockchain, could see its price surge by as much as 75% against Bitcoin (BTC) by the end of the year, according to a recent technical analysis of its weekly chart. This optimistic forecast is based on a maturing bullish reversal setup, which includes an inverse-head-and-shoulders (IH&S) pattern and an impending golden cross indicator.

    Technical Indicators Point to Upside

    The ETH/BTC trading pair has been forming what analysts describe as an inverse-head-and-shoulders pattern since early September. This pattern is characterized by three troughs, with the middle one being the deepest, all forming beneath a common neckline resistance level at 0.0420 BTC. If the price successfully breaks above this neckline, the technical target derived from the pattern’s maximum height suggests a potential rise to approximately 0.066 BTC by year-end.

    Further bolstering the bullish sentiment is the anticipated formation of a golden cross between Ethereum’s 20-week exponential moving average (EMA) and its 50-week EMA. A similar crossover in July 2020 preceded a significant 250% rally in ETH/BTC rates. Analysts suggest a potential dip into the 0.033–0.045 BTC support zone, aligning with these EMAs, could act as a springboard for a rebound, ultimately confirming the IH&S breakout scenario.

    Key Resistance Levels Remain

    Despite these bullish signals, Ether faces several significant hurdles that could impede a full breakout. The immediate challenge lies with the 200-week EMA, currently positioned near 0.045 BTC, a level that has historically rejected upward price movements over the past two years. Overcoming this barrier would be crucial for further gains.

    Beyond the 200-week EMA, an even more formidable long-term downward trendline, which has capped Ether’s performance against Bitcoin since 2017, presents a substantial obstacle. This trendline currently sits in the 0.050–0.055 BTC range. A sustained close above the 200-week EMA would likely lead to a test of this long-standing resistance.

    Outlook for Year-End

    Even with the existing resistance levels, Ether is still projected to have a growth potential of 15%-30% against Bitcoin by the end of the year. The combination of technical patterns and moving average crossovers indicates a strong underlying bullish momentum, though key price levels will need to be overcome to realize the most ambitious targets.

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