Latest Forecasts for Ethereum (ETH) Value
The Bull and the Bear: Ethereum's Recovery
Traders on X anticipate Ethereum could keep climbing, fueled by technical patterns and a surge in network activity.
Ethereum (ETH) has been on a roll lately, leaping approximately 10% up to $1,800 on April 23. Despite a brief retracement to $1,750, enthusiasm for the cryptocurrency remains high.
Some market experts are convinced Ethereum has more growing to do. User Ted on the platform X noticed a 10% spike in active addresses within a 48-hour period, hinting at an imminent rally that could outdo its previous highs. Traders like Christiaan on the same platform share this view, pointing to the recent price movements to predict ETH could soon surpass $2,000.
Analyst Gert van Lagen is the most bullish of them all. He argues that Ethereum is on the brink of a monumental surge, based on what he calls a "huge 4-year inverse head and shoulders" pattern. This pattern, if accurate, could catapult ETH prices to a staggering $20,000!
But not everyone's buying into the hype. Some indicators suggest Ethereum might be in for a correction. The increasing positivity seen in the RSI, positive exchange netflows, and weak ETF inflows point to growing short-term selling pressure and hesitation among investors.
Technological Leap and Beyond
Contrary to the uncertainty surrounding ETH's near future, some long-term indicators paint a more optimistic picture. The total value locked (TVL) in Ethereum-based DeFi projects has grown by 43% in 2025, despite temporary price drops. This increase indicates a larger and more active network. Additionally, on-chain data reveals that large-scale and institutional investors have been accumulating ETH, likely preparing for a long-term play.
Short-term Gains and Risks
Over the past month, Ethereum's netflow has been trending positive, pointing to increased trading on centralized platforms. This could translate to boosted selling pressure in the short term. Inflows into ETH ETFs have been rare and exceptionally low in the last couple of weeks, suggesting institutional uncertainty. The recent surge in ETF inflows on April 22 was brief, with numerous other occasions seeing negative inflows.
One final indicator to consider is ETH's RSI, which is a measure of recent price changes and a potential indicator of reversals. If the RSI surpasses 70, it suggests that Ethereum has entered overbought territory and could be due for a correction. As of April 24, the RSI stood at around 65.
Note: The price projections discussed here are predictions and should not be taken as investment advice. Always do your own research before making any investment decisions.
[1] Source[2] Source[3] Source[4] Source[5] Source
- The bullish sentiment around Ethereum (ETH) persists, as traders like Christiaan on platform X anticipate further increases, predicting it could exceed $2,000.
- Despite recent price movements, some market experts such as Gert van Lagen argue that Ethereum is on the brink of a monumental surge, potentially reaching $20,000, due to a "huge 4-year inverse head and shoulders" pattern.
- DeFi projects built on Ethereum have experienced a 43% increase in Total Value Locked (TVL) within 2025, indicating a more active network and larger community.
- Large-scale and institutional investors have been accumulating ETH, suggesting a long-term play and positive sentiment towards the cryptocurrency.
- On the other hand, the RSI points to possible short-term selling pressure and potential correction if it surpasses 70, as it currently stands around 65.
- Ethereum's netflow has been trending positive over the past month, indicating increased trading on centralized platforms, which could translate to boosted selling pressure in the short term.
- ETF inflows into Ethereum have been uncommon and strikingly low in recent weeks, suggesting uncertainty among institutional investors.
