meanwhile Ethereum It is paced today, and its prices continue to show robust resilience by holding strong above the $2,700 level. Eth’s performance has been astounding in recent weeks, surpassing crypto assets like Bitcoin. Crypto analysts foresee a potential expansion of the current upward trend, bringing the highest ever high in the ongoing bull market cycle.
Will $10,000 Ethereum finally become a reality?
Like other major assets, Ethereum is one of the most performant cryptocurrencies in this cycle, despite failing to reach the new, all-time best season of this bull season. the Recent price recovery Before this cycle ended, it once again surprised optimism about the possibility of a run to a new peak.
As ETH approaches its main support level, it has its Crypto analyst and investor VentureFounder Underlined A journey to unprecedented levels by next year. His predictions are based on several Important Factors and Momentum Signals It will be held on monthly charts. However, at the heart of this outlook is the potential shift supporting the $4,000 mark.
After delving into current price action, VentureFounder has identified a large upward channel rollout since 2017, suggesting a multi-year upside move. ETH bullish behavior is further supported by developing bullish crossovers with moving average convergence divergence (MACD) indicators.
As such, experts can approach the end altcoin Close a month over $2,500, that’s A pivotal development for price spikes. The May closure before the monthly MACD bullish crossover completion also serves as a launchpad for more positive priced moves.
Combining the monthly deadline of over $2,500 and the completion of MACD’s bullish crossover, Ethereum is expected to rally violently Next goal of $4,000 Following development. According to a VentureFounder analysis, the $4,000 mark appears to be the next expected base point for the upward trend in a bullish scenario.
If Altcoin succeeds in supporting this key resistance level in the fourth quarter of this year, experts are confident A substantial rally to the new history-high of $10,000 Meanwhile, by 2026, VentureFounder claims that ETH prices will vibrate between $1,400 and $4,000 if they are bearish.
ETH final pump on the horizon
This cycle seems likely to be the path to ETH’s new all-time greats. Crypto expert Merlijn traders also have prediction A significant upward movement towards a new peak after examining past trends in conjunction with ETH’s current price action and that of Bitcoin.
Trader Merlijn outlined Ethereum’s integrity performance Bitcointhese assets will surge to new highs once the previous highs are retested. In the previous cycle, ETH and BTC surged by +234% and +540%, respectively, after recovering previous peaks.
Given that BTC has made a move again, experts believe ETH It’s only a matter of time before we do the same thing. When this happens, Melijn forecasts a massive price surge that exceeds the $14,000 milestone by 2026.
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