Expert sets timeline for when Ethereum price will start rising to $10,000

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A cryptocurrency analyst has made a bold prediction Ethereum (ETH)setting a timeline for when the world’s second-largest cryptocurrency will begin a significant rally to modern all-time highs above $10,000.

Here’s When Ethereum Will Hit $10,000

Crypto analyst identified on X (formerly Twitter) as “Yoddha”. announced timeline for Ethereum’s rise above $10,000. According to Yoddha, Ethereum is expected to grow massively after a period of accumulation and decline, steadily rising above $10,000 by the end of the year.

Analytics ambitious forecasts are based on historical trends demonstrated by Ethereum from 2016 to 2024. He shared a chart showing Ethereum’s price action over the years, highlighting periods of accumulation, transient peaks, and volatility.

Yoddha revealed that in 2019-2021 Ethereum has witnessed a period of accumulation characterized by many price fluctuations, including long declines and brief increases. Ethereum’s price then increased significantly, reaching a peak of $4,867 in overdue 2021. This price range aligns with the cryptocurrency’s all-time high of $4,878, reached during the previous bull market cycle in 2021.

Based on these historical trends, Yoddha identified a similar phase of accumulation Ethereum price movements in the current market cycle. The analyst noted that from 2022 to early 2024, Ethereum experienced little accumulation bear phase.

Before reaching an all-time high of $4,088 on March 12, 2024, Ethereum experienced a downtrend in 2022 and 2023. The cryptocurrency also were met with declines several times in 2024, especially around April and May.

Yoddha indicated that Ethereum has successfully completed this accumulation and bear period and is on track to witness a massive surge towards $15,346 which will last until the end of 2024.

Analyst says ETH may start altcoin season

In another Post XYoddha pointed this out Ethereum may kick off the upcoming altcoin season. The cryptocurrency analyst consistently emphasizes the upcoming start of the highly anticipated altcoin season in 2024.

He revealed that altcoins will start to gain traction once the hype around meme coins decreases. Plus Yodda revealed that 2024 could bring the biggest season for altcoins, featuring well declines and modern all-time highs.

Currently price Ethereum is trading at $3,024According to CoinMarketCap, this reflects a decline of 1.58% over the past month. A surge above $10,000 will require the cryptocurrency to jump over $7,000, driven by a significant escalate in investor demand and interest in the cryptocurrency, as well as the potential launch Ethereum spot ETF in 2024

Cryptocurrency analyst Ali Martinez does revealed that TD Sequential Ethereum is currently presenting a “buy signal” on the daily ETH price chart. He predicts that Ethereum could witness the reflection one to four candlesticks due to the recent price decline.

ETH price jumps towards $3,100 | Source: ETHUSD on

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