A well-known cryptocurrency commentator believes Ethereum is poised to reach new all-time highs, potentially sparking significant gains for other smaller cryptocurrencies.
The analyst, Alex Becker, recently shared his insights in a livestream discussion focused on Ethereum’s price action and its implications for the broader market.
Ethereum Displays Signs Of Recovery
Ethereum has surged nearly 5% in the past 24 hours, now trading at $1,675, marking a 10% increase over the past week. The second-largest cryptocurrency has made a strong recovery after recently hitting a multi-year low of $1,380.
The rebound has been notable, with Ethereum appreciating almost 20% within just five days. However, the current price still reflects a significant 50% decrease from its value at the beginning of 2025.
Analyst Asserts 90% Probability Of Shattering Past Records
Despite these recent gains, Ethereum has a long way to go before reaching its all-time high of $4,890, which is approximately 60% higher than its current value. The cryptocurrency would need to more than double its price to reclaim this record.
Becker expressed a strong optimism regarding Ethereum’s potential, suggesting there is a “90% chance” it will surpass its previous all-time high. He provocatively challenged viewers to revisit his prediction in three years to critique him should it fail to come to fruition.
This optimistic outlook stems partly from what Becker interprets as widespread negativity surrounding Ethereum, with many investors appearing to write it off as “dead.” In contrast, Becker believes the cryptocurrency is undervalued and presents a compelling buying opportunity for risk-tolerant investors.
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
Possible Ripple Effect On Other Cryptocurrencies
Becker further asserts that an Ethereum “comeback” would have significant implications for other leading cryptocurrencies. He anticipates that coins positioned just below Ethereum may experience substantial growth should his expectations materialize.
The analyst highlighted specific cryptocurrencies he believes will benefit from Ethereum’s resurgence, naming Cardano (ADA), XRP, Dogecoin (DOGE), SUI, Avalanche (AVAX), and Solana (SOL).
While emphasizing the risks associated with cryptocurrency investments, Becker suggested these assets might be worthwhile placeholders for long-term investors who can navigate high-risk environments.
Price Targets And Growth Projections
Becker outlined various growth scenarios for cryptocurrencies. For Ethereum, he predicted that a four-fold return on investment could be achievable, with prices potentially reaching as high as $10,000 under an especially optimistic scenario.
His outlook for XRP was even more favorable, suggesting it could outperform Ethereum by 25%-50% if it begins to close the market capitalization gap between the two cryptocurrencies.
Despite his positive predictions, Becker was candid about the inherent risks in cryptocurrency investing. He warned that in a worst-case scenario, Ethereum could plummet to $500, representing a 50% decline from current levels for investors.
Featured image from Reuters, chart from TradingView