A crypto analyst has made a daring prediction for Ethereum (ETH), setting the timeline for when the world’s second-largest cryptocurrency would embark on a significant rally to new all-time highs above $10,000.
Here’s When Ethereum Will Reach $10,000
A crypto analyst identified as ‘Yoddha,’ on X (formerly Twitter) has announced the timeline for Ethereum’s ascent above $10,000. According to Yoddha, Ethereum is expected to rally massively after a period of accumulation and decline, continuously rising above $10,000 by the end of the year.
Related Reading
The analyst’s ambitious predictions are based on historical trends exhibited by Ethereum from 2016 to 2024. He shared a chart depicting Ethereum’s price action over these years, highlighting periods of accumulation, interim peaks and volatility.
Yoddha disclosed that from 2019 to 2021, Ethereum witnessed a period of accumulation marked by multiple price fluctuations, including long declines and short rallies. Following this, Ethereum surged significantly, reaching a peak of $4,867 towards the end of 2021. This price range aligns with the cryptocurrency’s all-time high of $4,878, achieved during the previous bull market cycle in 2021.
Based on these historical trends, Yoddha identified a similar accumulation phase in Ethereum’s price movements during this current market cycle. The analyst noted that from 2022 to early 2024, Ethereum experienced an accumulation and slightly bearish phase.
Prior to reaching a record high of $4,088 on March 12, 2024, Ethereum had experienced a bearish trend in 2022 and 2023. The cryptocurrency also faced declines on several occasions in 2024, especially around April and May.
Yoddha has indicated that Ethereum has successfully concluded this accumulation and bearish period and is on track to witness a massive rally towards $15,346, extending into the end of 2024.
Analyst Says ETH Could Start Altcoins Season
In another X post, Yoddha indicated that Ethereum could start the upcoming altcoins season. The crypto analyst has consistently emphasized the impending launch of the highly anticipated altcoins season in 2024.
He revealed that altcoins will begin to gain more attraction once the hype surrounding meme coins diminishes. Additionally, Yoddha revealed that 2024 could issue the biggest altcoins season, encompassing healthy pullbacks and new all-time highs.
Related Reading
Presently, the price of Ethereum is trading at $3,024, reflecting a 1.58% decline over the past month, according to CoinMarketCap. A surge above $10,000 will require the cryptocurrency to jump by more than $7,000, fueled by a notable uptick in investor demand and interest in the cryptocurrency as well as the potential introduction of an Ethereum Spot ETF in 2024.
Crypto analyst, Ali Martinez has revealed that currently, Ethereum’s TD Sequential is presenting a “buy signal” on ETH’s daily price chart. He predicts that Ethereum could witness a rebound of one to four candlesticks from its recent price drop.
Chart from Tradingview.com
A crypto analyst has made a daring prediction for Ethereum (ETH), setting the timeline for when the world’s second-largest cryptocurrency would embark on a significant rally to new all-time highs above $10,000.
Here’s When Ethereum Will Reach $10,000
A crypto analyst identified as ‘Yoddha,’ on X (formerly Twitter) has announced the timeline for Ethereum’s ascent above $10,000. According to Yoddha, Ethereum is expected to rally massively after a period of accumulation and decline, continuously rising above $10,000 by the end of the year.
Related Reading
The analyst’s ambitious predictions are based on historical trends exhibited by Ethereum from 2016 to 2024. He shared a chart depicting Ethereum’s price action over these years, highlighting periods of accumulation, interim peaks and volatility.
Yoddha disclosed that from 2019 to 2021, Ethereum witnessed a period of accumulation marked by multiple price fluctuations, including long declines and short rallies. Following this, Ethereum surged significantly, reaching a peak of $4,867 towards the end of 2021. This price range aligns with the cryptocurrency’s all-time high of $4,878, achieved during the previous bull market cycle in 2021.
Based on these historical trends, Yoddha identified a similar accumulation phase in Ethereum’s price movements during this current market cycle. The analyst noted that from 2022 to early 2024, Ethereum experienced an accumulation and slightly bearish phase.
Prior to reaching a record high of $4,088 on March 12, 2024, Ethereum had experienced a bearish trend in 2022 and 2023. The cryptocurrency also faced declines on several occasions in 2024, especially around April and May.
Yoddha has indicated that Ethereum has successfully concluded this accumulation and bearish period and is on track to witness a massive rally towards $15,346, extending into the end of 2024.
Analyst Says ETH Could Start Altcoins Season
In another X post, Yoddha indicated that Ethereum could start the upcoming altcoins season. The crypto analyst has consistently emphasized the impending launch of the highly anticipated altcoins season in 2024.
He revealed that altcoins will begin to gain more attraction once the hype surrounding meme coins diminishes. Additionally, Yoddha revealed that 2024 could issue the biggest altcoins season, encompassing healthy pullbacks and new all-time highs.
Related Reading
Presently, the price of Ethereum is trading at $3,024, reflecting a 1.58% decline over the past month, according to CoinMarketCap. A surge above $10,000 will require the cryptocurrency to jump by more than $7,000, fueled by a notable uptick in investor demand and interest in the cryptocurrency as well as the potential introduction of an Ethereum Spot ETF in 2024.
Crypto analyst, Ali Martinez has revealed that currently, Ethereum’s TD Sequential is presenting a “buy signal” on ETH’s daily price chart. He predicts that Ethereum could witness a rebound of one to four candlesticks from its recent price drop.
Chart from Tradingview.com
cost of clomid no prescription where buy generic clomid pill how to get cheap clomiphene without dr prescription how to get generic clomid price clomiphene for sale uk how can i get clomiphene tablets how can i get generic clomiphene price
More articles like this would pretence of the blogosphere richer.
This website absolutely has all of the information and facts I needed there this participant and didn’t identify who to ask.
azithromycin 250mg sale – tindamax 300mg drug order metronidazole 400mg sale
cheap rybelsus – buy semaglutide generic purchase cyproheptadine generic
order motilium 10mg – buy generic cyclobenzaprine 15mg flexeril 15mg without prescription
purchase amoxicillin generic – order diovan 80mg online ipratropium online
amoxiclav price – https://atbioinfo.com/ acillin brand
nexium sale – https://anexamate.com/ esomeprazole cheap
buy medex for sale – cou mamide cheap cozaar 50mg
meloxicam price – https://moboxsin.com/ meloxicam over the counter
prednisone 5mg sale – aprep lson deltasone 5mg over the counter
buy pills for erectile dysfunction – buy ed pills online usa male ed drugs
amoxil brand – buy amoxicillin sale amoxil for sale
buy fluconazole 100mg pills – buy forcan tablets fluconazole 200mg cost
buy generic cenforce 50mg – cenforce rs order cenforce pill
why does tadalafil say do not cut pile – this cialis for ed
ranitidine 150mg tablet – ranitidine cost purchase zantac generic
tadalafil and ambrisentan newjm 2015 – cheap cialis pills cialis patent expiration date
I couldn’t turn down commenting. Adequately written! efectos secundarios neurontin 300mg
viagra for cheap – cheap viagra no prescription needed sildenafil 100mg tablets
This website exceedingly has all of the bumf and facts I needed to this thesis and didn’t comprehend who to ask. https://buyfastonl.com/
I am in fact thrilled to coup d’oeil at this blog posts which consists of tons of useful facts, thanks representing providing such data. https://ursxdol.com/cialis-tadalafil-20/
I am in fact delighted to glance at this blog posts which consists of tons of worthwhile facts, thanks object of providing such data. https://prohnrg.com/
This website really has all of the information and facts I needed adjacent to this case and didn’t comprehend who to ask. https://ondactone.com/simvastatin/
Proof blog you possess here.. It’s hard to find high worth belles-lettres like yours these days. I honestly recognize individuals like you! Go through vigilance!! http://forum.ttpforum.de/member.php?action=profile&uid=424431
how to buy forxiga – https://janozin.com/ dapagliflozin 10 mg generic
order orlistat pills – xenical drug xenical 120mg canada