Ethereum Price to Rally to $10,000: Expert Predicts When It Will Happen

In a bold forecast, a crypto expert has placed the launch of Ethereum's (ETH) massive surge to new all-time highs over $10,000 as the second-biggest cryptocurrency in the world.

Ethereum's $10,000 Price Target: When It Happens
The day that Ethereum would rise beyond $10,000 was stated by a crypto expert. After an initial period of accumulation and subsequent decrease, Yoddha predicts that Ethereum will undergo a tremendous rebound, with prices consistently above $10,000 by year's end.

Based on Ethereum's historical tendencies from 2016 to 2024, the analyst has made lofty projections. He provided a graph showing the price of Ethereum throughout the specified time period, drawing attention to accumulation, intermediate peaks, and volatility.


According to Yoddha, Ethereum went through a phase of accumulation between 2019 and 2021, during which the price saw a lot of volatility, including both extended drops and brief rallies. Afterwards, Ethereum saw a dramatic climb, eventually hitting a high of $4,867 in late 2021. The all-time high for the cryptocurrency was $4,878 in the last bull market cycle in 2021, therefore this price range is in line with it.

Yoddha found a comparable accumulation phase in the price movements of Ethereum throughout this market cycle based on these historical tendencies. From 2022 to the beginning of 2024, Ethereum went through a period of accumulation and mild bearishness, according to the researcher.

In 2022 and 2023, Ethereum was in a bear market until it hit a new high of $4,088 on March 12, 2024. There were many instances in 2024 when the cryptocurrency had losses, the most common of which occurred in April and May.

Based on Yoddha's predictions, Ethereum is set to have a huge surge towards $15,346 and beyond until the end of 2024, having successfully weathered this accumulating and bearish phase.

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