Cryptocurrency investors may need to start paying attention to Ethereum (ETH)as the cryptocurrency’s price could be poised for a major rally against Bitcoin. Crypto analyst predicts potential 180% enhance ETH/BTC Trading Pairwhich means it might be a good time for investors to consider converting their BTC holdings to Ethereum.

Time to swap Bitcoin for Ethereum

The price of Ethereum was like this significant downward trend over the past few months, analysts marked “this is the ultimate circus in this series.” Despite the premiere Spot Ethereum ETFs (Exchange Traded Funds)Market sentiment towards ETH remains unfavorable and its price continues to fluctuate.

Given the drop in Ethereum price, a cryptocurrency analyst nicknamed “CryptoBullet” decided that investors are now coming in the last stage of the ETH/BTC bear marketAs such, the analyst predicts a 180% enhance in ETH/BTC, emphasizing that it is time for investors to start swapping their Bitcoin for Ethereum to potentially take advantage of the anticipated ETH price rebound.

On September 12, the analyst took to X (formerly Twitter) to discuss his observations regarding the ETH/BTC trading pair on the monthly chart. CryptoBullet pointed out that the monthly ETH/BTC chart highlights a long-term recurring trend in ETH/BTC price movements over the years.

This recurring pattern is characterized by a testing phase, followed by a period of breakdown and accumulation before pumping to up-to-date highs. CryptoBullet has identified this unique trend in previous cycles, including between 2016 and 2017 before a major rally, again from 2018 to 2021, and now from 2022 with expectations of a mighty price rebound lasting into 2025.

Considering that 2022 will be the testing phase and 2024 will be the accumulation and decay period, CryptoBullet predicts that Ethereum price vs Bitcoin could rise to $0.0885 or $0.11. This suggests that by 2025, the price of one Ethereum could be worth around $5,109 or $6,351.

Modern bullish targets for ETH unveiled

“TopGcrypto”, a cryptocurrency analyst from X, Planned This Ethereum price may rise to up-to-date highs before the end of the year. The analyst revealed that Ethereum is currently experiencing mighty price movements and is approaching a key resistance trendline.

Sharing an Ethereum price chart showing its movements from July to September, TopGcrypto pointed out that a key resistance level is located near the $3,115 price level. He indicated that if Ethereum price can cross this critical trend lineThis may be a good opportunity for investors to consider taking a long position in the cryptocurrency.

According to the analyst, such breakout could potentially push Ethereum price towards up-to-date targets of $2,560, $2,780, and $3,115. It is significant to note that at the time of writing, Ethereum is trading at $2,338, according to CoinMarketCap.

Featured image created with Dall.E, chart from Tradingview.com