Ethereum (ETH) continues to generate bullish discussions in cryptocurrencies as high-profile analysts see gigantic price moves coming. Ethereum is forming a rising three-year triangle that could set the stage for a possible breakout, according to Venture’s founder. Based on similar comparisons with data from 2016-2017, the altcoin will hit $15,937, probably by May 2025

Such growth would push Ethereum’s market capitalization above $1 trillion, which would be a historic first for the blockchain giant. Analysts consider a weekly close above $3,800 to be a significant milestone. from there Ether may aim to reach an all-time high of $4,878 before moving to a higher level. But is the market prepared for this improvement?

This $ETH Breaking out of the triangle consolidation is very significant.

Now #Ethereum all it needs to do is close out this weekly bullish candle and we may never get back below $4,000 in the current bull cycle.

The impulse movement from 2016-2017 is repeated.

PT: $15,937 through May 2025 pic.twitter.com/dNzcO3mPe1

— venture founder (@venturefundator) December 6, 2024

Institutional interest is confident

More and more institutions are interested in Ethereum, which makes people more confident about its long-term prospects. Spot Bitcoin ETFs gained a lot of interest at the beginning of the year, and now Ethereum-based funds are following suit.

It is worth noting that the spot has been available since mid-November Ether ETFs received a up-to-date inflow of over $1.3 billion. BlackRock’s iShares Ethereum Trust achieved the biggest return – $500 million in just one week.

These investments show not only numbers, but also growing confidence in the Ethereum ecosystem. According to analysts, this institutional funding flow will pave the way for ETH’s expected meteoric rise. As institutional investors continue to pour money into the cryptocurrency, Ethereum’s value proposition as a long-term investment appears stronger than ever.

Technical indicators and forecast

Ethereum price behavior in recent weeks has also been rather favorable. After a minor setback, the altcoin has rebounded since November 18, rising 30%. Analysts emphasize its resistance to market fluctuations, and its price is currently $3,686, which is a solid amount.

Technical consolidation indicators indicate that ETH is preparing for another action. Moving averages show stability, hence the relative strength index (RSI) remains neutral. Forecasts indicate perhaps ETH increased by 43% in six months and 22% within three months, according to CoinCheckup data.

Looking to the future

The signals are favorable even though Ethereum’s path to reaching $15,937 is unclear. Thanks to favorable technical conditions, institutional inflows and forceful ecosystem development, the altcoin is poised for significant growth.

Featured image from INX, chart from TradingView