Ethereum Price Prediction: Whales Buy The Dip As ETH Hits Oversold Territory

After a massive downside wick to $3,400, the Ethereum price has already bounced back by over 20% to $4,135. 

Heavy buying from ETH treasury firms, whales and smart money investors has played a key role in Ethereum’s recovery. 

Indeed, several factors support adopting a bullish view on Ethereum.  For instance, ETH’s Relative Strength Index (RSI-14) fell below 30, entering the oversold territory. Typically, this has resulted in sustained long-term rallies. 

Similarly, the Ethereum price has secured a weekly close above the $4,100 level, keeping the bull trend intact and invalidating bearish scenarios. 

Experts now believe that the largest altcoin is ready for a new all-time high, potentially even hitting $7,000 by year-end. 

This is a highly bullish scenario for Ethereum meme coins, which show a strong correlation with ETH. Meme coins like Pepe, Floki and even Pepenode could deliver outsized returns, with the latter being backed by analysts as the next 10x crypto. 

Is It Time To Buy ETH Again?

As ETH fell to $3,400 on Friday, institutions and whales rushed to buy the dip. 

The top Ethereum treasury firm, BitMine (BMNR), has added 128,718 ETH to its holdings, now valued at $2.83 billion. 

Similarly, the “7 siblings” wallets are also buying the dip. Lookonchain data reveals that they borrowed $50 million USDC from Aave and have already purchased $5 million worth of ETH at $3,771. 

Smart money investors realize that US President Donald Trump’s tariff-induced crashes are excellent buying opportunities. 

Trump is already de-escalating from his aggressive stance against China. In a recent Truth Social post, he asked “not to worry about China”, claiming that President Xi Jinping just had a bad moment with the country’s new export controls. 

It remains to be seen whether the US President will roll back his new 100% tariffs. 

However, experts believe that sidelined investors can buy Ethereum regardless, especially with its oversold RSI. Moreover, its weekly close above the $4100 level further confirms the start of a new uptrend. 

For the uninitiated, $4100 is the upper limit of Ethereum’s multi-year range. A dip below it would have brought $1500 in play. However, this bearish scenario has now been invalidated. 

Moreover, ETH has also formed a bullish divergence with its on-balance volume (OBV) as well as its RSI in the daily timeframe. A new bull run is now on the horizon. 

Ethereum Price Prediction: How High Can ETH Go This Year?

There is a growing consensus among experts that a new ETH rally to $5,000 is underway. In fact, Into The Cryptoverse’s Benjamin Cowen has given a minimum Ethereum price target of $5,300 after it successfully retested its bull market support band. 

Prominent trader Muro believes $6000 is a realistic year-end target, while Knight predicts that the Ethereum price could hit $7,000 in 2025. 

Another top analyst, Galaxy, has also given a new Ethereum price prediction. He claims that ETH will hit $15,000 in the long term, though it could take months to achieve the target. 

Notably, $15k is also Tom Lee’s ETH projection. 

For the full report of what’s to come for ETH, read our comprehensive Ethereum price prediction analysis.

Ethereum Meme Coins To Explode Next, Pepenode Tipped As The Next 10x Crypto

With Ethereum expected to rally strongly in the coming months, meme coins built on its network are also likely to follow suit. 

Pepe, the leading frog-themed token, is widely expected to reach a $20 billion market cap this year as renewed investor optimism and liquidity flow into the ecosystem.

Among low-cap Ethereum meme coins, Pepenode (PEPENODE) stands out as an excellent beta play on ETH’s momentum. It has already raised over $1.8 million in its ICO, which indicates strong community support and high upside potential. 

It combines the viral appeal of frog-themed tokens with an innovative mine-to-earn utility that allows holders to buy virtual nodes, build server rooms, and earn rewards without hardware. 

Its virtual mining ecosystem is what truly sets Pepenode apart. Holders can use their tokens to purchase virtual Miner Nodes, build server rooms, and upgrade facilities to increase mining efficiency, all without GPUs, electricity, or physical hardware. 

Each upgrade activates a deflationary burn, permanently removing a portion of tokens from supply and creating sustained scarcity. Rewards include both $PEPENODE and leading meme coins like Pepe and Fartcoin, giving users multiple income streams.

Investors can also stake their coins and earn attractive passive income, currently at over 700% APY. 

Prominent experts are bullish on Pepenode’s upside potential, with many calling it the next 10x crypto.