Ethereum Rally Could Drive Significant Gains for Multiple Altcoins
Analyst Alex Becker predicts that Ethereum may reach new all-time highs, potentially boosting smaller cryptocurrencies.
Ethereum Recovery
- Ethereum rose nearly 5% in 24 hours, trading at $1,675.
- 10% increase over the past week after hitting a low of $1,380.
- Current price shows a 50% decline from early 2025 levels.
High Probability of New Records
- Analyst claims a 90% chance Ethereum will break its previous high of $4,890.
- This would require more than a double of the current price.
- Becker notes widespread negativity around Ethereum as a potential positive indicator.
Without hype there is a 90% chance ETH returns to its old ATH…
Which will trigger huge gains in alts from these prices…
Making this the easiest way to 3-8x your money in history. Ever.
This isn’t even the best case scenario where it gets a true bull past aths.
— Alex Becker (@ZssBecker) April 11, 2025
Impact on Other Cryptocurrencies
- Becker believes Ethereum's recovery could significantly impact other cryptocurrencies.
- Coins like Cardano (ADA), XRP, Dogecoin (DOGE), SUI, Avalanche (AVAX), and Solana (SOL) may experience growth.
- Long-term investors should consider these assets despite inherent risks.
Price Targets and Projections
- Becker suggests a four-fold return for Ethereum could lead to prices as high as $10,000 in an optimistic scenario.
- XRP could outperform Ethereum by 25%-50% if it narrows the market cap gap.
- Warning: worst-case scenario could see Ethereum drop to $500, representing a 50% decline from current values.