Ether (ETH) is generating buzz with predictions of a potential rally to over $5,000, as analysts highlight its bullish momentum, possibly extending until 2025. This optimism is fueled by its correlation with Bitcoin (BTC), which recently hit a historic $100,000 milestone.
Crypto analyst Titan of Crypto suggests that $5,000 might just be a "minimum target" for Ether, based on fractal patterns. Despite this, ETH remains 18% below its previous all-time high of $4,800, a key resistance point.
Adding to the excitement, BlackRock's ETF has doubled its Ether holdings, purchasing over $500 million worth in the past week, contributing to the positive outlook. A golden cross pattern on Ether's chart further signals potential upside, with some experts eyeing a breakout to $15,000 by 2025.