Price Analysis View Non-AMP

Top Reasons Why Ethereum Price Rally is on the Cards

Published by
Shrishesh Tanksalkar

Ethereum is back at capturing the market attention with its price trend, onchain dynamics, and fundamental strength. With Bitcoin trading sideways after its all-time highs, Ethereum could be poised for a potential breakout. In this write-up, we talk about the top reasons why the  Ethereum price rally is on the cards. 

Top Reasons Why Ethereum Price is Going to Rally!

Crypto analyst Lark Davis, in his recent post, cites that ETH is back in business, and the data proves it. Since the 8th of May, ETH’s trading volume has shown a sustained uptrend, indicating a rise in both buying and selling activity. Unlike previous phases of stagnation, traders are back and active.

Additionally, whale accumulation is building a solid floor. While unconfirmed directly, on-chain signals and large wallet behaviors suggest heavy ETH buying, possibly in anticipation of future price rallies or institutional inflows.

Importantly, the post also highlights that Ethereum’s comparative strength against Bitcoin is a standout. Even as BTC traced back from its all-time highs, ETH has held firm, signaling resilience. This independent performance is often a bullish signal, suggesting ETH may lead the next market leg higher.

Furthermore, Ethereum’s 76% dominance in the tokenized asset space, boosted by stablecoin growth and active wallets, underpins its leadership role in the broader crypto ecosystem. This network strength continues to attract capital and developer attention.

ETH Price Analysis

Despite a minor 1.29% dip in the last 24 hours, ETH at press time trades at $2,608.70, still up over 45% in the past month. Its 24-hour trading volume has surged 9.14% to $17.75 billion, while its market cap stands at $314.79 billion.

The chart shows ETH forming a higher low structure and holding support above key EMA20 at $2,522 and EMA50 at $2,320. Price action remains within a horizontal channel, with a clear resistance around $2,787.

Should ETH break above the $2,787 resistance with volume, the next leg could target $3,000 and beyond. Given its strong fundamentals and technical setup, ETH offers an asymmetric long opportunity, especially if Bitcoin remains neutral or bullish.

Also read our Ethereum (ETH) Price Prediction 2025, 2026-2030!

FAQs

Why is ETH outperforming BTC recently?

ETH has shown stronger percentage performance as BTC consolidates, driven by volume and relative strength.

What is the major resistance level for ETH right now?

The critical resistance to watch is $2,787. A breakout above this could trigger a rally.

What is Ethereum Price Today?

The price of 1 ETH at the time of press is hovering around $2,608.70 with an intraday change of -1.29%.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

Recent Posts

Solana Did 100x After Binance Listing—KNCH Just Hit BitMart, LBank & XT (Better Tech, Lower Entry)

Kaanch (KNCH) is anticipated to create a great impression in the market through its future…

June 30, 2025

Arbitrum Price Analysis: Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon?

Arbitrum (ARB) price was the best performing top-100 altcoins by market cap in the past…

June 30, 2025

John Deaton Says Wall Street Greed Could Push XRP, ETH & SOL Into Treasuries

Years ago, when John E Deaton, a well-known crypto advocate and legal voice in the…

June 30, 2025

Ethereum Price Eyes $5K as Short Squeeze Looms: Analysts Predict Major Breakout

As the Ethereum price approaches Q3, it has shown a notable 3% increase, surpassing the…

June 30, 2025

SEI Price Prediction 2025, 2026 – 2030: Will Sei Price Record A 2X Rally?

Story Highlights The SEI live Price is . Sei price could reach a high of…

June 30, 2025

Crypto Scam Network Exposed in Spain with Over 5,000 Victims

On June 25, Europol announced a major breakthrough as Spanish Guardia Civil, with support from…

June 30, 2025