Ethereum Primed For Explosive Growth, ETH Could Rally 75% In The Short Term – Market Expert Predicts

The price of Ethereum may be gearing up for its next explosive growth, with market expert and trader Javon Marks projecting an impending price surge for ETH of about 75%.

Bearish pressure has halted Ethereum's recent price momentum, but several crypto analysts remain optimistic about the asset's trajectory, predicting a potential rally in the short term.

Fresh projections indicate that ETH could experience a surge of up to 75% in the coming weeks. This bullish outlook is based on technical indicators and patterns that suggest the altcoin is gathering strength.

Market expert and trader Javon Marks is among those predicting a significant upswing for Ethereum. His analysis points to a breakout from the Relative Strength Index (RSI) and multiple verified Hidden Bull Divergence patterns.

According to Marks, this breakout could trigger a continuous move toward the $4,811.6 price level, which is only a few steps away from its all-time high of $4,878. The expert highlights that since the breakout from the RSI, prices have increased by almost 120%.

With these confirmations and breakouts, Marks anticipates an additional 75% move for Ethereum to reach the $4,811 price level.

Marks also suggests that Bitcoin's next move could determine ETH's trajectory. "It may be near evident of what's next for ETH, which can be a fulfillment to $4,811+, following the leader, and for that to be done, it can take Bitcoin climbing even more,” he stated.

At the time of the post, he noted that if ETH's following fulfillment to $4,811.6 is validated, BTC may rise even further and break above $67,559, which will ultimately pave the way for BTC to rise to more than $116,000. In addition, this move will allow Bitcoin to lead the general crypto market into heightened bullish stages.

Another crypto expert and trader, Ali Martinez, recently laid out a potential scenario for ETH to reach a new all-time high of $6,000, sparking optimism within the community.

This projection is supported by Ethereum's resilience at the $2,400 support level. According to Martinez, since it surpassed the $2,400 mark, the altcoin has strongly maintained the support range and may now be aiming for the upper boundary of the channel at approximately $6,000.