Fun

Ethereum CrossX Indicators Flashes Buy As Insitution Accumulates, Analyst Says Brace For $4,000

News Feed - 2025-05-01 06:05:33

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


New reports indicate that the Ethereum (ETH) CrossX indicator is flashing strong buy signals, suggesting a potential breakout toward $4,000. As the market transitions from selling to buying, on-chain data shows that institutional investors are heavily accumulating ETH tokens, indicating a shift in sentiment.  Institutions Load Up On ETH As Buy Signal Flashes


On-chain analytics platform, Lookonchain, has identifieda notable increase in Ethereum accumulation, largely driven by institutional whales. Over the course of three hours, a wallet address reportedly associated with the trading firm Cumberland DRW withdrew a staggering 27,632 ETH, worth approximately $50.24 million. This transfer was made from major exchanges, including Coinbase, Copper and Binance. Related Reading Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View 3 days ago


The wallet’s activity involved multiple high-value transfers, such as a 7,600 ETH withdrawal worth $13.83 million from Coinbase, a 5,992 ETH withdrawal worth $10.92 million from Copper and Binance, and an additional 5,960 ETH transfer valued at $10.88 million from Copper.  Source: Lookonchain on X


Notably, the receiving wallet, 0ex287AA111…, was consistently used across all transactions, suggesting coordinated accumulation rather than a typical trading activity. Historically, large-scale withdrawals from Ethereum exchangeshave preceded price surges, as they significantly reduce sell-side liquidity and indicate a longer-term holding pattern by investors. 


Amid this growing institutional accumulation, the Ethereum CrossX Indicator, as noted by Ezy Bitcoin on X, has recently flashed a strong buy signal. This reinforces the notion that institutional interest is rising, signaling an increase in demand and potentially setting the stage for further upward price movement.  Ethereum CrossX Indicator Suggests $4,000 Surge Ahead


Shedding more light on Ezy Bitcoin’s report, the CrossX indicator, which officially triggered a buy signal for Ethereum, is signaling a potential surge above $4,000for the altcoin’s price. The market expert highlights that this is the first signal seen in nearly six months and, historically, has often preceded significant price action and explosive moves.  Related Reading Ethereum Price Threatened With Sharp Drop To $1,400, Here’s Why 2 weeks ago


The CrossX Indicator, a tool used to detect high-probability trend reversals based on volume, price action, and divergence patterns, has shown remarkable accuracy in past cycles. As seen in the analyst’s weekly chart, previous buy signals were followed by rallies that took ETH to new local highs.


Now, with Ethereum’s price rebounding off recent lows and a fresh Bullish Divergencein place, the same rally pattern may be unfolding again. If history repeats, ETH could be gearing up for a run beyond $3,000, with the possibility of testing the $4,200 range by year’s end. 


According to CoinMarketCap’s data, Ethereum is currently trading at $1,803, reflecting a yearly declineof 43.10%. A potential rise to $4,200 would represent a staggering 132.95% increase, bringing Ethereum (ETH) closer to its present all-time highof over $4,800. ETH trading at $1,798 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com

News Feed

Data points to Ethereum price making a short-term rally to the $3.2K level
Marcel Pechman6 hours agoData points to Ethereum price making a short-term rally to the $3.2K levelETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning.3007 Total views1
Maksym Illiashenko20 hours agoGame developers’ role in elevating Web3 gaming — Breaking the stigmaBy focusing on these elements, game developers can elevate Web3 games and change the stigma surrounding them. It"s all
Dogecoin Charts Flash 2020-Style Bull Signal, Crypto Analyst Says
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Twitter Begins Mass Layoffs — Elon Musk Says ‘No Choice’ Citing $4M Loss per Day
Twitter Begins Mass Layoffs — Elon Musk Says "No Choice" Citing $4M Loss per Day Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The
Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries
Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries The founder of Skybridge Capital has predicted that “bitcoin will be used by many La
Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain
Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain During the past two weeks, members of the cryptocurrency community have discusse
Coinbase Custody to Support Dvision Network (DVI)
Coinbase Custody to Support Dvision Network (DVI) PRESS RELEASE. Blockchain platform Dvision Network has revealed that digital asset custodian platform ‘&r
Marcel Pechman2 hours agoWhy is Ethereum (ETH) price down today?Ethereum price is down today as heavy selling from notable wallets and general disinterest in the recent ETH futures ETF weigh on investor sentiment.34949 T
Bitcoin price hits new June lows while open interest stays above $35B
William Suberg10 hours agoBitcoin price hits new June lows while open interest stays above $35BBitcoin wobbles further into key U.S. macro events as surging open interest concerns longtime market participants.5527 Total
Marcel Deer2 hours agoHow to build a DApp on EthereumTo build an Ethereum DApp, utilize development tools, create secure smart contracts, design a user-friendly front-end and rigorously test it before deploying it.549 To
These Factors Will Drive XRP Price To $25-$75 In June – Analyst
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
California DMV putting vehicle titles on a subnet is innovation theater
Omid Malekan3 hours agoCalifornia DMV putting vehicle titles on a subnet is innovation theaterIt would be harder than putting VINs on a private subnet, but how about allowing vehicle owners to get zero-knowledge proof of