Alex Becker, a prominent cryptocurrency analyst, recently expressed confidence in an Ethereum rally that could potentially trigger a significant surge in altcoins such as Cardano, XRP, and Dogecoin. Speaking in a live video, Becker delved into Ethereum’s price performance and the broader altcoin market, focusing on Ethereum’s potential role in initiating the much-anticipated ‘altcoin season’.
Ethereum has witnessed a positive momentum with a 4.2% increase today, trading at $1,670, a 10% gain over the past week. This upswing followed Ethereum’s recent plunge to a multi-year low of $1,386, which it has now successfully rallied from, with a rebound of over 20% in the past five days. However, despite the ongoing recovery, Ethereum’s current trading value is still a hefty 50% less than the price at the beginning of 2025.
In relation to its all-time high of $4,892, Ethereum is still trailing by 65%, necessitating a doubling of its current value to reach that peak. Despite the uphill battle, Becker posits a 90% chance of Ethereum rallying back to its zenith in a bold assertion that invites viewers to ridicule him in three years if Ethereum fails to surpass its previous high.
Becker’s bullish stance on Ethereum is rooted in the prevailing skepticism surrounding the cryptocurrency, with many critics declaring it as “dead”. Contrarian in approach, Becker argues that Ethereum is oversold, and its current prices represent a golden opportunity for risk-tolerant investors. He concedes to a worst-case scenario of a drop to $500, which would result in a 50% loss on his investment, but remains optimistic about the potential for a 5x return if his prediction holds true.
In addition to Ethereum, Becker also anticipates ripple effects on other major altcoins. He predicts that coins ranked below Ethereum could witness an explosive rally, with Cardano (ADA), XRP, Dogecoin (DOGE), SUI, Avalanche (AVAX), and Solana (SOL) being the potential beneficiaries of this resurgence.
However, Becker also issued a caveat about the inherent risks of investing in cryptocurrency, advising caution for potential investors. Despite the risks, he believes the aforementioned altcoins could prove to be promising long-term holds.
In terms of potential gains, Becker suggests that Ethereum could easily deliver a 4x return from its current level, and in an ultra-bullish scenario, could even hit the $10,000 mark. For XRP, he anticipates a performance that could potentially outdo Ethereum, offering 25%–50% higher gains as it begins to close the gap in market cap. For other top altcoins like BNB, Solana, Dogecoin, and Cardano, Becker envisions potential 5x to 7x returns as the market shifts into full risk-on mode.
