Signs of a meme season on the Ethereum (ETH) network are starting to appear early and intense. As Ethereum price cautiously consolidates below the $2,300 level, a movement is brewing beneath the surface in the meme sector that is beginning to create new millionaires. Along with these movements, price expectations for Ethereum began to trend increasingly upward.
ETH memecoins are pumping HARD pic.twitter.com/FOwSG21ipI
– Sweep (@0xSweep) April 20, 2026
In a remarkable incident, a trader managed to turn $2,500 into almost $500,000 in a matter of hours by trading Elon Musk’s ASTEROID token on the Ethereum network, achieving an astonishing 100,000% return at the point of entry. Wojak, another meme native to the ETH network, also saw a subsequent 300% rise, indicating that liquidity is flowing rapidly within the speculative classes of the ecosystem. Social media platforms are abuzz with these moves that are reminiscent of familiar patterns the market has witnessed in 2021.
Yesterday, two different pieces named $ASTEROID We were competing one on Solana, one on Ethereum.
This situation highlights a key difference between the two channels. On Solana, memecoin trading is mainly done in PvP (trader vs trader, quick flips). On Ethereum, memecoins tend to build… pic.twitter.com/CwRJEaMWCI– Gray BTC (@greybtc) April 18, 2026
Ethereum Price Forecast: $2,600 Level Looms
ETH price is currently stable below the $2,300 level, confined within a symmetrical triangle with resistance concentrated between $2,200 and $2,400. The relative strength index (RSI) shows a neutral reading, with volatility reaching 5.21%, while 17 of the last 30 days closed in green, reflecting a state of alert in price movement.
The moving averages confirm this state of anticipation. The 50-day simple moving average (50-day SMA) is $2,210, providing close support below the current price. In contrast, the 200-day SMA at $2,645 presents itself as a long-term macroeconomic ceiling. Price is currently trapped in a positive constructive structure, but it needs a clear catalyst to determine the direction of the breakout.
Short-term forecast models offer cautious optimism; CoinCheckup expects the price to reach $2,750 within 30 days, with intermediate targets at $2,340 by April 20 and $2,600 by April 24. The Fear and Greed Index also began to improve, reaching 27, after remaining below 20 for more than a month, an area that often precedes recoveries rather than collapses.
If ETH is able to break into the upward direction of the triangle and break above the $2,400 barrier, this could trigger a move towards the $3,000 level, in line with the community’s goals, especially with its network’s meme coins gaining big momentum.
LiquidChain Project Targets Early Entry Opportunities as Ethereum Tests Key Levels
For those who saw ASTEROID’s position drop from $2,500 to $500,000, the opportunity to profit from the same coin has already expired. However, this rise in meme coins shows where the asymmetric returns lie in this cycle: in early infrastructure and early-stage assets, not in the late rotation into large-cap stablecoins.
Although owning memes isn’t easy, we know that traders can miss out on huge gains if they lose patience at the wrong time.
He’s the unluckiest guy I’ve ever seen!
80 days ago, trader 0x5811 spent $542 to buy 7.43 billion $ASTEROID.
Just a day before $ASTEROID pumped, he sold all 7.43 billion $ASTEROID for $405, a loss of $137.
Today, these 7.43 billion $ASTEROID worth more than $2.6 million.
He missed a… pic.twitter.com/xHDPp5OD8p– Lookonchain (@lookonchain) April 19, 2026
Project Highlights Liquid Channel ($LIQUID) As a layer 3 cryptographic infrastructure, it is built around a practical and attractive idea: integrating Bitcoin, Ethereum and Solana liquidity into a single execution environment. This allows developers to deploy once and access all three ecosystems together, without the need to bridge, without facing liquidity dispersion or duplicate deployments.
The project architecture is built around a unified liquidity layer, single-step execution and verifiable settlement.
A new layer appears. Only a few see it first.
The future is LiquidChain⟁ pic.twitter.com/R7ZeZ0NPGl
– LiquidChain (@getliquidchain) March 24, 2026
Currently, presale is available at a price $0.01451 per $LIQUID tokenwith a collection of approximately 700 thousand dollars Again. A staking option is also available for presale participants with a huge bonus APY of up to 1500%.
You can search for the LiquidChain project and view the full pre-sale terms here.
The article Ethereum Price Forecast: Will ETH Memes Lead to $2,600? appeared first on Cryptonews Arabic.
