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Ether Gains Momentum, Outpacing Bitcoin with Potential for Further Growth

Kevin Kooper by Kevin Kooper
July 17, 2025
in Business
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Ether has shown remarkable strength recently, not only in isolation but also when compared to Bitcoin, indicating that its recent upward trend may lead to continued gains. A significant development on the daily chart reveals that ETH has successfully broken out of a bullish inverse head-and-shoulders pattern, a technical formation that has been forming throughout much of 2025. By maintaining its position above the $2,870 breakout level, the anticipated upward target could reach as high as $4,375.

The momentum behind this move also appears robust. The 14-day Relative Strength Index (RSI) for ETH has surged from the low 30s to the mid-70s in just four weeks, demonstrating a significant shift for the indicator. For reference, the RSI peaked at nearly 90 in mid-May before retreating, suggesting that while the current rally is strong, it might require a consolidation phase soon.

 

Nonetheless, as long as Ether remains above the neckline of its inverse head-and-shoulders pattern, the broader bullish outlook remains intact. Achieving the target of $4,375 would also position Ether above its December 2023 highs, bringing it closer to its all-time highs from the 2021 cycle. This breakthrough could signify the completion of a larger, multi-year bullish base, as illustrated in the long-term chart.

This implies that the recent breakout may transcend a mere short-term trading event. The significance of Ether’s strength is underscored by its performance surpassing Bitcoin’s; since reaching its low earlier this year, Bitcoin has increased by 60%, whereas Ether has surged by over 130%. This relative strength is crucial for traders and investors seeking opportunities to rotate between the two leading cryptocurrencies.

Also Read – The Tech Company that Applies Active Listening: Conpac

A pivotal question arises: does the recent bounce in the ETH/BTC ratio signify the onset of a new cycle of Ether outperformance? If so, Ether could not only reclaim its leadership position within the crypto market but also spark renewed interest across the altcoin sector. The focus remains on whether ETH can continue its upward trajectory. If it does, the next significant increase may be on the horizon. The immediate challenge is to sustain this breakout during any forthcoming pullback.Business

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