How high will Ethereum price go after breaking $4K? ETH analysts weigh in
Main Idea
Analysts predict Ethereum's price could surge to $6,000, $8,000, or even $20,000 in the next 6-12 months, based on technical patterns and historical trends.
Key Points
1. Ether (ETH) has risen 24% this week, surpassing $4,330, with analysts eyeing a breakout above its all-time high of $4,950.
2. A Wyckoff Accumulation pattern breakout suggests a potential rally to $6,000, following a 'Sign of Strength' (SOS) and 'Last Point of Support' (LPS) confirmation.
3. A multi-year triangle breakout indicates a possible rise to $8,000, based on the pattern's measured move.
4. Historical price fractals suggest ETH could reach $20,000 within 6-8 months, similar to past rallies in 2017 and 2020.
5. Analysts cite favorable technical setups, rising channel patterns, and strong macro sentiment as supporting factors for the bullish outlook.
Description
Ethereum bulls make a strong case for an ETH price rally toward $10,000 or above in the next six to eight months.
Latest News
- Saylor’s Strategy started buying Bitcoin 5 years ago. It's now up 2,600%2025-08-11 04:42:44
- Ethereum bag holders will rotate back to Bitcoin: Samson Mow2025-08-11 04:37:18
- Bitcoin is the ‘perfect asset’ for the next 1,000 years: Willy Woo2025-08-11 04:20:21
- At least 1 Bitcoiner gets kidnapped every week — Crypto exec2025-08-10 22:18:30
- World Mobile launches drone-based, decentralized telecom project2025-08-10 19:53:24