Ethereum Analysts Suggest Potential Price Rally Toward $10,000 or Even $20,000 in Coming Months

Key Points

1. Ethereum has surged roughly 24% this week to above $4,330, its highest price since December 2021.

2. Analysts see ETH rising to $6,000 soon, with $20,000 possible within a year, based on historical patterns and technical analysis.

3. A Wyckoff Accumulation pattern breakout suggests a potential target of $6,000, followed by a markup phase where gains could accelerate.

4. A multi-year triangle setup indicates a potential measured move toward the $8,000 region in the coming months.

5. Historical fractals suggest Ethereum could repeat past rallies, with targets of $10,000 minimum and $20,000, based on similar patterns observed in 2017 and 2020.