{"id":9058,"date":"2025-06-11T08:00:21","date_gmt":"2025-06-11T08:00:21","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/ethereum-flashes-golden-cross-on-daily-chart-is-a-new-ath-within-reach\/"},"modified":"2025-06-11T08:00:21","modified_gmt":"2025-06-11T08:00:21","slug":"ethereum-flashes-golden-cross-on-daily-chart-is-a-new-ath-within-reach","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/ethereum-flashes-golden-cross-on-daily-chart-is-a-new-ath-within-reach\/","title":{"rendered":"Ethereum Flashes Golden Cross On Daily Chart \u2013 Is A New ATH Within Reach?"},"content":{"rendered":"

Ethereum (ETH), the second-largest cryptocurrency by market cap, may finally be awakening from its slumber. It recently flashed a bullish golden cross on the daily chart – a signal that has many crypto analysts forecasting a potential new all-time high (ATH) in the near future.<\/p>\n

Ethereum Flashes Bullish Golden Cross<\/h2>\n

In an X post published today, crypto analyst Titan of Crypto noted that ETH has formed a golden cross on its daily chart. He shared the following chart and remarked that bullish momentum appears to be building for Ethereum.<\/p>\n

\"titan\"<\/p>\n

To explain, a golden cross is a bullish technical pattern that occurs when a short-term moving average (MA) – typically the 50-day – crosses above a long-term MA like the 200-day. It signals a potential shift in momentum and is often seen as an indicator of a sustained upward trend.<\/p>\n

Meanwhile, seasoned crypto analyst Ali Martinez commented on ETH\u2019s recent price action. He noted that Ethereum has broken resistance on the 4-hour chart and could be setting up for a move as high as $2,920 in the coming days.<\/p>\n

\"ali\"<\/p>\n

Fellow market commentator Ted Pillows echoed a similar view. He stated that ETH is currently trading at a local range high, pushing against a key resistance level at $2,800. Pillows suggested that the digital asset might reach $4,000 later this month.<\/p>\n

\"ted\"<\/p>\n

Multiple technical indicators and market structure patterns are also hinting at near-term upside for ETH. For instance, crypto trader Merlijn The Trader observed<\/a> a hidden bullish divergence on the 12-hour chart.<\/p>\n

\"merlijn\"<\/p>\n

A hidden bullish divergence occurs when price forms a higher low, while a momentum indicator – such as RSI or MACD – forms a lower low. This setup suggests that although momentum appears weak, the underlying trend remains intact, and a price continuation to the upside is likely.<\/p>\n

In a similar vein, digital assets analyst Crypto Caesar pointed out that Ethereum\u2019s Wyckoff Accumulation pattern is \u201cstill playing out perfectly.\u201d He shared a chart predicting that ETH may hit a new all-time high by August 2025.<\/p>\n

\"caesar\"<\/p>\n

All Indicators Point To Further Upside<\/h2>\n

Beyond the technical patterns, other on-chain and market indicators continue to support the bullish thesis. For instance, even after gaining over 11% in the past two weeks, Ethereum\u2019s funding rates remain relatively neutral – a sign that the rally may still have room to grow.<\/p>\n

Additionally, ETH is eyeing a potential breakout to $3,500, with its price projected to surge above the crucial 50-day exponential moving average (EMA). At press time, ETH trades at $2,740, up 6.8% in the past 24 hours.<\/p>\n

\"ethereum\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum (ETH), the second-largest cryptocurrency by market cap, may finally be awakening from its slumber. It recently flashed a bullish golden cross on the daily chart – a signal that has many crypto analysts forecasting a potential new all-time high (ATH) in the near future. Ethereum Flashes Bullish Golden Cross In an X post published…<\/p>\n","protected":false},"author":1,"featured_media":9059,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[63,43,80,45,56,3769,3143,2636,2900,145,3083],"class_list":["post-9058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news","tag-cryptocurrency","tag-eth","tag-ether","tag-ethereum","tag-ethereum-news","tag-ethsusdt","tag-golden-cross","tag-hidden-bullish-divergence","tag-on-chain-analysis","tag-technical-analysis","tag-wyckoff-accumulation"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/9058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=9058"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/9058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/9059"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=9058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=9058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=9058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}