Ethereum, the second-largest cryptocurrency by market cap, is showing strong signs of a coming rally, possibly ending its period of underperformance compared to Bitcoin. Analysts note that the weekly chart of ETH has formed a golden cross, an indicator often signaling the start of an upward price trend.
Moreover, significant buying activity by whales—large investors holding substantial amounts of cryptocurrency—suggests growing confidence in an impending price surge. Market experts are predicting Ethereum's price could reach $6,000 by January 2025.
In addition to Ethereum's promising forecast, attention is drawn to an altcoin, anticipated to surge by 400%. This reflects the dynamic and often unpredictable nature of the cryptocurrency market, providing lucrative investment opportunities.
