Ethereum Rising To $3.3k Proves Bottom Is In: Is 100% ETH Rally Next?
Ethereum gained between 97% and 147% after ETH price flipped the 50-week MA into support. A similar scenario is unfolding this week.
Ether (ETH) climbed 7% in the past day, reclaiming its 50-week moving average (MA) near $3,300, an occurrence that has historically preceded strong price rallies.
Ethereum may have found a floor around $2,800, signaling a local bottom.
Ether price previously rose 100% after reclaiming the 50-week moving average.
Ethereum whales accumulated nearly 1 million ETH over three weeks.
Data from Cointelegraph Markets Pro and TradingView shows that the ETH/USD pair bounced from $2,800 support, rising 20% to the current price at $3,362.
This breakout has seen Ether’s price reclaim a key trendline — the 50-week exponential moving average (EMA) — increasing the likelihood of a steeper climb in the coming days or weeks.
Related: Ethereum ‘smart’ whales open $426M long bets as ETH price chart eyes $4K
Previous instances show that ETH tends to rise sharply when the price closes above the 50-week EMA (purple wave). The altcoin’s gains were 147% between October 2023 and March 2024, and 97% in Q3 2025.
“$ETH is back above its 50-day MA. I would love to see a break above the 200-day MA at $3,500 in the coming days with the bulls flipping this area as support,” said investor StockTrader_Max in a Tuesday post on X, adding:
Source: CoinTelegraph