Crypto Analysts Spot Bullish Signal: Ethereum Targets $5K Milestone

Ethereum (ETH) is flashing technical patterns unseen since its last bull market peak, fueling bold $5,000 price predictions among top analysts. Amidst a slight weekly pullback, signs of underlying strength have emerged, with increasing on-chain activity and significant institutional buying setting the stage for a potential major breakout if key resistance levels crumble. Technical Crosscurrents and Surging Fundamentals The bullishness has primarily come from emerging chart formations, with analyst Titan of Crypto highlighting a developing “bull pennant” pattern and noting that a successful breakout could propel ETH towards $5,000. Echoing this, market technician Jonathan Carter observed a “Broadening Wedge Breakout” on the 3-day timeframe, setting even more ambitious targets at $5,500 and $6,850. Their optimism is supported by Ethereum’s relative display of strength against Bitcoin (BTC), holding above its Tenkan line, a key indicator of short-term momentum. These technical signals have also come in tandem with significant growth on the network. On-chain data shows that Ethereum processed $238 billion in transaction volume in July, a 70% monthly increase, and the highest since December 2021. It also shattered records with 46.67 million transactions and 17.55 million active addresses. Critical Thresholds Ahead Despite the bullish signals, Ethereum still faces immediate technical hurdles and signs of exhaustion. As noted by Daan Crypto Trades, current price action shows ETH caught between crucial local support near $3,500 and resistance at $3,850.  Breaking the latter is seen as essential for the cryptocurrency to challenge its cycle highs. This aligns with warnings shared in CryptoPotato’s latest ETH analysis, which noted potential exhaustion signals on lower timeframes despite the strong overall uptrend. The asset’s price seems to reflect this tension. At the time of writing, it was trading at $3,721.28 according to CoinGecko, having increased by 45.8% over the past 30 days. However, it has faced some headwinds in the near term, going down 3.7% in the last seven days following rejection close to its one-week high of $3,862. The confluence of bullish technical patterns, record-breaking on-chain usage, and growing institutional accumulation paints an intriguing picture for Ethereum’s potential. However, the path to $5,000 hinges decisively on conquering the $3,850 to $4,100 resistance gauntlet while avoiding a breakdown below $3,400. As such, the next few days could determine whether the bulls secure their breakout or face a more prolonged consolidation phase The post Crypto Analysts Spot Bullish Signal: Ethereum Targets $5K Milestone appeared first on CryptoPotato. Powered by WPeMatico

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Ethereum Price Momentum Explodes – $4K Could Be Next

Ethereum price found support near the $3,650 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $3,920 zone. Ethereum started a fresh increase above the $3,750 and $3,800 levels. The price is trading above $3,800 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,750 zone in the near term. Ethereum Price Gains Over 5% Ethereum price started a fresh increase from the $3,650 support zone, beating Bitcoin. ETH price was able to recover above the $3,720 and $3,750 resistance levels. The bulls even pushed the price above the $3,850 resistance zone. Finally, the price tested the $3,920 resistance zone. A high was formed at $3,927 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $3,544 swing low to the $3,927 high. Ethereum price is now trading above $3,800 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $3,820 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $3,920 level. The next key resistance is near the $3,950 level. The first major resistance is near the $4,000 level. A clear move above the $4,000 resistance might send the price toward the $4,220 resistance. An upside break above the $4,220 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,350 resistance zone or even $4,500 in the near term. Are Dips Limited In ETH? If Ethereum fails to clear the $3,920 resistance, it could start a fresh decline. Initial support on the downside is near the $3,820 level. The first major support sits near the $3,800 zone. A clear move below the $3,800 support might push the price toward the $3,735 support. Any more losses might send the price toward the $3,680 support level in the near term. The next key support sits at $3,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,735 Major Resistance Level – $3,920 Powered by WPeMatico

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Crypto Is Here To Stay—Even The SEC Can’t Do Anything About It, Analyst Says

The US markets have seen a surge of digital coins. Millions of Americans now hold tokens in their wallets. Blocking all of it suddenly would be nearly impossible. At the same time, leaving this sector with no rules puts everyday investors in harm’s way. Why Ban Is Off The Table According to Bloomberg columnist Matt Levine, outright banning crypto is off the table. He points out that tens of millions of people own digital assets today. Pulling the plug now would ripple through trading platforms, payment apps, and even major Wall Street firms. Levine argues that such a move would simply drive innovation and jobs offshore. Hostile Past Still Looms Under former SEC Chair Gary Gensler, most tokens were treated as stocks. That meant they needed to register under securities laws—a process that almost no project could clear. In practice, that stance rendered crypto “illegal” in the US. Many developers and investors felt shut out. Matt Levine: “We will ban crypto” is no longer feasible for the SEC, and “we will ignore crypto because it’s not a security so not our problem” is not very attractive for the SEC. The only choice left is “we will regulate crypto, but in a way that you like. pic.twitter.com/hBFXTmMnh5 — Sar Haribhakti (@sarthakgh) August 7, 2025 According to analysts, crypto serves two purposes: it powers networks and it offers investment chances. That split role creates regulatory headaches. Many tokens act much like shares in a company, yet they also run on open software and community rules. The SEC knows how to protect stock investors, but digital coins need different safeguards. Project Crypto Signals Change Current SEC Chair Paul Atkins launched “Project Crypto” this year. The goal is to carve out faster, clearer paths for token registration. Projects that truly function as securities could follow a new, streamlined process. At the same time, tokens used mainly for network services would face lighter requirements. Levine warns that drawing clear lines won’t be easy. How do you tell a governance token from a pure utility token? What level of disclosure makes sense when code can update itself overnight? Those questions will test regulators and industry alike. However, having defined categories would guide honest developers and protect small investors. The SEC now faces a clear choice: use its power, but adapt its toolkit. A full ban would leave retail holders stranded. Total hands-off would leave them exposed to fraud. Featured image from Meta, chart from TradingView Powered by WPeMatico

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Trump Signs Executive Order to Allow Bitcoin and Crypto in 401(k)s

Today, the president of the United States, Donald Trump, signed an Executive Order that aims to allow 401(k) investors access to alternative assets (such as digital assets). According to the official announcement: “The order directs the Secretary of Labor to reexamine the Department of Labor’s guidance on a fiduciary’s duties regarding alternative asset investments in ERISA-governed 401(k) and other defined-contribution plans.” This comes as part of Trump’s plans to establish the country as the leading player in the cryptocurrency industry. To this point, the order also stipulates that “alternative assets, such as private equity, real estate, and digital assets, offer competitive returns and diversification benefits.” The entire cryptocurrency market soared on the news, with Bitcoin’s price trading above $117,000, charging a 2% intraday increase. Source_ TradingView Ethereum (ETH), which has been one of the most heavily-discussed altcoins in the past month, has gained 5%. At the time of this writing, the total market capitalization stands at $3.93 trillion, as Bitcoin’s dominance is looking to reclaim the 60% mark once again. The post Trump Signs Executive Order to Allow Bitcoin and Crypto in 401(k)s appeared first on CryptoPotato. Powered by WPeMatico

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Cardano (ADA) Could Explode by 75%, But Under This Condition (Analyst)

TL;DR Analysts predict ADA could surge to $1.30, $1.60, or even a new all-time high above $4, depending on breakout levels. Recently, Cardano’s community approved a $71 million funding proposal designed for network upgrades. The Bullish Targets Cardano’s native token was at the forefront of gains in mid-July, soaring to as high as $0.93. Since then, though, it has been on a downtrend and currently trades at around $0.74 (per CoinGecko’s data). The popular X user Ali Martinez recently argued that ADA could witness another major uptick and rally to an eight-month peak of $1.30. According to the analyst, however, the necessary condition for this potential explosion is a breakout above $0.84. CryptoBullet – an X user with over 170,000 followers on the social media platform – is also bullish, envisioning a possible spike beyond $1.60.  For their part, TapTools noted a resemblance between the current ADA/BTC chart and the one witnessed before the bull cycle in 2021. That said, they expect a major rally in the following months.  Other popular figures who have touched upon the matter recently include Hardy and Smith. The former believes that those who hold ADA are “golden” because the bull run has not yet started. Last week, Smith spotted the formation of a “monstrous cup and handle” on the asset’s price chart, which could be a precursor of a massive pump. The analyst thinks the valuation could hit a new all-time high above $4 once it surpasses the breakout target of $0.92. The Multi-Million Approval Just a few days ago, Input Output Global, the core development team behind the Cardano blockchain, received a funding green light for its protocol roadmap proposal. The sum equals around $71 million worth of ADA and will be taken from the Cardano treasury.  The initiative gained significant approval, with 74% casting a “yes” vote. Tim Harrison, EVP Community & Ecosystem at Input Output, described this as “a milestone moment” for the blockchain protocol and noted that this is the first time such a development will be funded directly by the community. “This vote of confidence empowers us to move forward with full transparency, shared responsibility, and a renewed commitment to building an open, resilient ecosystem,” Harrison added. The capital will be used to support the implementation of major upgrades, including boosting network throughput without compromising security or decentralization, enhancing the Hydra layer-2 solution, laying the technical groundwork for more advanced smart contracts, and other improvements. The post Cardano (ADA) Could Explode by 75%, But Under This Condition (Analyst) appeared first on CryptoPotato. Powered by WPeMatico

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