Golden Cross Appears on ETH Chart—Will History Repeat?
A popular trader has flagged a potentially explosive setup for Ethereum: the appearance of a Golden Cross on the 12-hour chart.
In a tweet posted by Merlijn The Trader, the signal is flashing now—just like it did before a previous major price surge.
What’s Happening?
A Golden Cross occurs when the 50-period moving average (MA) crosses above the 200-period moving average. It’s often seen as a bullish indicator, signaling a potential shift toward an uptrend.
According to Merlijn, the last time this pattern appeared, Ethereum saw:
- A minor dip
- A major pump on Day 11
- Ethereum is now on Day 10 of that same setup
What the Charts Show
Two charts shared in the tweet show similar setups:
On the left: a historical Golden Cross followed by a rapid rally above $4,000
On the right: the current 12H chart, showing the same crossover pattern forming now
Both charts use the 50 MA (white) and 200 MA (yellow) for visual confirmation.
What’s Next?
If history repeats, tomorrow could be liftoff for ETH. While past performance doesn’t guarantee future results, many traders are watching this setup closely.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
