Ethereum Price Prediction: Bull Flag Points to $3,600 – But This One Indicator Could Push It to $5K

Description

Ethereum (ETH) has gone up by nearly 1% in the past 24 hours and currently stands at $2,535 after a few days of relatively muted price action. The token’s post-Pectra rally encountered some selling pressure at the $2,750 level upon crossing the 200-day exponential moving average (EMA) in the daily chart. Crypto trader Merlijn the Trader hinted at a bullish Ethereum price prediction on X as he spotted a ‘golden cross’ in the 12-hour chart. This is a bullish indicator that has recently produced st...