Ethereum (ETH) is nearing a major bullish technical signal—a golden cross—as its 50-day moving average rapidly converges with the 200-day moving average. Unless ETH experiences a sharp correction, this crossover is expected within days, historically indicating the start of a mid- to long-term uptrend.

Currently trading around $2,521, Ethereum has shown impressive resilience amid market volatility. After bouncing off the lower boundary of an ascending channel, ETH remains above its 100-day EMA, reinforcing this area as a key accumulation zone for traders. The steady trading volume and RSI hovering just below 50 suggest a neutral setup, allowing room for bullish momentum to build.

Market participants are closely watching for signs of confirmation, including rising volume on green days, an RSI break above 50, and consistent closes above $2,600. If these conditions are met, Ethereum could be poised to break out toward the $3,000 level in the coming weeks.

Crucial support remains in the $2,450–$2,500 range. Holding above this zone—and the 100 EMA—would solidify bullish sentiment. The emerging golden cross adds further credibility to Ethereum’s positive outlook, signaling growing investor confidence and the potential start of a sustained uptrend.

While no technical pattern guarantees a rally, golden crosses often precede strong price movements. If confirmed, Ethereum’s breakout could mark a pivotal shift in market dynamics, attracting renewed interest from traders and investors alike.

Search interest in Ethereum golden cross, ETH technical analysis, and Ethereum price prediction is rising—making this potential setup a key focus for crypto market watchers this week.