Este artículo también está disponible en español.
While Bitcoin (BTC) has reached new all-time highs this month, the Ethereum price has failed to experience a significant rally, befitting its position as the second-largest cryptocurrency by market capitalization. However, a crypto analyst suggests that this bearish price action could soon end, as Ethereum (ETH) appears to be repeating its breakout pattern from the 2017 to 2018 cycle. Based on this analysis, the ETH price could be on track to hit a remarkable new price target above $20,000.
Ethereum Price Eyes New Target Above $20,000
Mr Tycoon, a TradingView analyst, has shared his intense bullish outlook for the Ethereum price, suggesting that the number one altcoin in the crypto market could surge as high as $23,000 this cycle. The analyst shared his optimism about Ethereum’s recent price action, emphatically declaring that the altcoin is about to “send higher soon.”
Ethereum last experienced a record-breaking price surge during the 2021 bull market, when it achieved an ATH above $4,800. The TradingView analyst has revealed that Ethereum’s fractal in the previous bull cycle versus this current cycle follows a similar pattern, indicating an imminent rally.
Mr. Tycoon presented a detailed chart comparing Ethereum’s price movements in the 2017-2021 and 2021-2025 cycles. In the earlier four-year cycle, Ethereum hit a macro bottom in 2019, experiencing price fluctuations before recording a significant rally after Bitcoin broke an all-time high in 2021.
A similar price action is also seen in this current four-year cycle, where Ethereum hit its macro bottom in 2022 and then declined significantly. Based on the analyst’s chart, Bitcoin reached an ATH in 2024, just like it did in the 2021 bull cycle.
The TradingView analyst noted that historically, Ethereum starts pumping after Bitcoin enters a price discovery. This implies that Bitcoin typically leads the market cycles, and once it finds a new ATH, ETH tends to follow, experiencing a notable rally.
With this in mind, Mr. Tycoon predicts a significant price increase for Ethereum, suggesting that it could surge past previous all-time highs and rise above $23,000. This impressive price rally would represent a 557% increase from the current market value of ETH.
Analyst Reveals Best Time To Buy ETH
While Ethereum is trading at $3,586 as of writing, a crypto analyst identified as ‘Crypto Ash’ has projected that a rally to $10,000 or $15,000 is highly probable for the top altcoin this bull cycle.
The analyst revealed that the best time to start accumulating Ethereum was in December 2024, which represents a prime entry point for investors. His analysis indicates that, historically, Ethereum has experienced significant price growth from January to April after each Bitcoin halving year. This suggests that investors who begin purchasing ETH tokens as early as December may be well-positioned for gains if the ETH price rallies in Q1 2025.
Featured image created with Dall.E, chart from Tradingview.com
Este artículo también está disponible en español.
While Bitcoin (BTC) has reached new all-time highs this month, the Ethereum price has failed to experience a significant rally, befitting its position as the second-largest cryptocurrency by market capitalization. However, a crypto analyst suggests that this bearish price action could soon end, as Ethereum (ETH) appears to be repeating its breakout pattern from the 2017 to 2018 cycle. Based on this analysis, the ETH price could be on track to hit a remarkable new price target above $20,000.
Ethereum Price Eyes New Target Above $20,000
Mr Tycoon, a TradingView analyst, has shared his intense bullish outlook for the Ethereum price, suggesting that the number one altcoin in the crypto market could surge as high as $23,000 this cycle. The analyst shared his optimism about Ethereum’s recent price action, emphatically declaring that the altcoin is about to “send higher soon.”
Ethereum last experienced a record-breaking price surge during the 2021 bull market, when it achieved an ATH above $4,800. The TradingView analyst has revealed that Ethereum’s fractal in the previous bull cycle versus this current cycle follows a similar pattern, indicating an imminent rally.
Mr. Tycoon presented a detailed chart comparing Ethereum’s price movements in the 2017-2021 and 2021-2025 cycles. In the earlier four-year cycle, Ethereum hit a macro bottom in 2019, experiencing price fluctuations before recording a significant rally after Bitcoin broke an all-time high in 2021.
A similar price action is also seen in this current four-year cycle, where Ethereum hit its macro bottom in 2022 and then declined significantly. Based on the analyst’s chart, Bitcoin reached an ATH in 2024, just like it did in the 2021 bull cycle.
The TradingView analyst noted that historically, Ethereum starts pumping after Bitcoin enters a price discovery. This implies that Bitcoin typically leads the market cycles, and once it finds a new ATH, ETH tends to follow, experiencing a notable rally.
With this in mind, Mr. Tycoon predicts a significant price increase for Ethereum, suggesting that it could surge past previous all-time highs and rise above $23,000. This impressive price rally would represent a 557% increase from the current market value of ETH.
Analyst Reveals Best Time To Buy ETH
While Ethereum is trading at $3,586 as of writing, a crypto analyst identified as ‘Crypto Ash’ has projected that a rally to $10,000 or $15,000 is highly probable for the top altcoin this bull cycle.
The analyst revealed that the best time to start accumulating Ethereum was in December 2024, which represents a prime entry point for investors. His analysis indicates that, historically, Ethereum has experienced significant price growth from January to April after each Bitcoin halving year. This suggests that investors who begin purchasing ETH tokens as early as December may be well-positioned for gains if the ETH price rallies in Q1 2025.
Featured image created with Dall.E, chart from Tradingview.com
Иркутск суши и роллы доставка sushi-holl.ru
Самые вкусные суши и роллы привезем скорее всех. Паназиатская кухня нагрянула к нам в Россию не так давно, но уж больно понравилась нашим гражданам. Заходите на сайт sushi-holl.ru и выделяйте любимые роллы с доставкой по Иркутску прямо сегодня.
По теме суши в иркутске с доставкой лучшие переходите на указанный интернет портал. У нас осуществляют работу высококвалифицированные повара, которые отлично справляются с суши, роллами, Wok, горячими блюдами и другим. Меню довольно разнообразно, что всякий сможет подобрать блюдо по своему желанию.
Заказать доставку аппетитной и свежей еды на дом можно по номеру телефона 8(3952)482-182 или оставив заявку на сайте. Если второй вариант для вас комфортнее, то переходите в наше меню на сайте sushi-holl.ru и перемещайте нужные блюда в корзину. После, зайдите в корзину и перепроверьте позиции. Просим обратить внимание, что имбирь и васаби не вписаны в заказ, обязательно добавьте их сразу в корзине. Далее рекомендуем перейти к оформлению заявки, где нужно написать имя, телефон, Ваш адрес, количество человек и нужную дату и время доставки. После нужно выбрать удобный метод оплаты: наличными при получении, по карте или оплата на сайте и всё. Ожидайте Ваш заказ в установленное время.
Если Вы искали самые вкусные роллы в иркутске с доставкой в интернете, то вы попали в точную цель. У нас самые свежие и вкусные суши по лучшим ценам города. Мы находимся по адресу: г. Иркутск, ул. Пискунова, д. 146. Режим работы с 10:00 до 22:05. Приезжайте, звоните, оформляйте заказ и приятного аппетита, наш долгожданный гость!
where to buy cheap clomid without dr prescription how to get clomid no prescription where to buy cheap clomid without dr prescription clomid for sale clomiphene rx for men how to buy clomiphene without dr prescription can i buy cheap clomid pill
This is the kind of delivery I recoup helpful.
order azithromycin generic – ofloxacin 400mg us metronidazole over the counter
rybelsus for sale – order rybelsus 14 mg generic buy periactin cheap
order motilium for sale – motilium 10mg price buy cyclobenzaprine online cheap
augmentin without prescription – https://atbioinfo.com/ buy generic ampicillin over the counter
buy esomeprazole 40mg online – https://anexamate.com/ buy esomeprazole 20mg capsules
purchase medex generic – https://coumamide.com/ cheap losartan 50mg
mobic price – mobo sin order meloxicam
prednisone 10mg for sale – allergic reactions deltasone 5mg over the counter
best otc ed pills – fastedtotake buy ed pills cheap
cost amoxicillin – comba moxi amoxicillin online order
buy diflucan 100mg generic – https://gpdifluca.com/# order fluconazole without prescription
cenforce usa – buy cenforce sale purchase cenforce for sale
cialis online no prescription australia – fast ciltad cialis available in walgreens over counter??
cialis from india – https://strongtadafl.com/ buy cialis canadian
cost ranitidine 150mg – on this site buy generic ranitidine 150mg
order cheap viagra online uk – https://strongvpls.com/ buy viagra uk online
I couldn’t hold back commenting. Well written! cenforce 500 opiniones
I am in truth thrilled to coup d’oeil at this blog posts which consists of tons of worthwhile facts, thanks towards providing such data. https://buyfastonl.com/azithromycin.html
I am actually thrilled to coup d’oeil at this blog posts which consists of tons of worthwhile facts, thanks towards providing such data. https://ursxdol.com/sildenafil-50-mg-in/
Palatable blog you procure here.. It’s obdurate to find great status writing like yours these days. I truly respect individuals like you! Go through guardianship!! https://prohnrg.com/product/loratadine-10-mg-tablets/
Thanks on putting this up. It’s okay done. aranitidine.com