{"id":129024,"date":"2025-05-11T16:15:26","date_gmt":"2025-05-11T16:15:26","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129024"},"modified":"2025-05-11T16:15:26","modified_gmt":"2025-05-11T16:15:26","slug":"ethereum-to-10k-cant-be-ruled-out-as-eth-price-makes-sharp-gains-vs-sol-xrp","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129024","title":{"rendered":"Ethereum to $10K &#039;can&#039;t be ruled out&#039; as ETH price makes sharp gains vs. SOL, XRP"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsKey takeaways:<\/p>\n<p>Ether has rebounded from key parabolic and triangle support levels, reviving the case for a $10,000 breakout.<br \/>\nHistorical fractals and RSI recovery mirror past pre-rally setups seen in 2016 and 2020.<br \/>\nAltseason signals and strength against rivals like SOL and XRP boost Ethereum\u2019s potential to outperform.<\/p>\n<p>Ether (ETH), Ethereum\u2019s native token, has soared over 44% in just three days to surpass $2,600 on May 11, fueling fresh speculation of a run toward $10,000 in the coming months.<br \/>\nA mix of fractal setups as well as Ether\u2019s potential to outperform its top-ranking rivals, Bitcoin (BTC), Solana (SOL), and XRP (XRP), are serving as some catalysts behind the five-figure price prediction.<br \/>\nETH&#8217;s \u201cup band\u201d target is around $10,000<br \/>\nEther\u2019s long-term price action continues to follow a parabolic curve that has defined its major market cycles since 2015.<br \/>\nAs of May 2025, ETH has rebounded from the curve\u2019s lower boundary near $2,100 \u2014 a historically significant support zone that has previously triggered major rallies.<br \/>\nETH\/USD monthly price chart. Source: TradingViewIf this parabolic trajectory holds, Ethereum\u2019s next move could be toward the upper boundary of the curve, which currently intersects near the $10,000 level.<br \/>\nSupporting this view, analyst MilkyBull Crypto highlights a similar setup on Ethereum\u2019s monthly chart, noting that ETH\u2019s rally to $10,000 \u201ccan\u2019t be ruled out technically.\u201d<br \/>\nSource: MilkyBull Crypto Combined with RSI recovery from a multi-year support zone near 40, the setup adds further weight to the five-figure price target.<br \/>\nETH looks set to outperform top crypto rivals<br \/>\nThe bullish outlook for Ethereum is gaining traction as analysts anticipate an altcoin season in the coming months.<br \/>\nChartist Mister Crypto, for instance, argues that altcoins like ETH may rally 40% in a single day amid capital rotation from Bitcoin.<br \/>\nSource: Mister CryptoThe Altcoin Season Index, which has broken out of a downtrend just below the 29 level, signals a potential shift away from Bitcoin dominance. While still in \u201cBitcoin Season\u201d territory (below 25), the breakout suggests altcoins like ETH may soon begin to outperform.<br \/>\nAdditionally, Ethereum\u2019s top blockchain rival, Solana, is painting a rising wedge pattern against Ether, furthering its potential to decline in the coming weeks.<br \/>\nRelated: Solana lacks \u2018convincing signs\u2019 of besting Ethereum: Sygnum<br \/>\nSOL\/ETH weekly and XRP\/ETH three-day performance chart. Source: Wolf\/TradingViewThe same picture can be seen against XRP, suggesting that more capital may flow toward Ethereum from rival altcoins in the coming days or weeks.<br \/>\nEther symmetrical triangle hints at above $10,000<br \/>\nAs of May, Ether is reclaiming the lower trendline of its multi-year symmetrical triangle after a brief breakdown in March, while bouncing off its 200-2W exponential moving average (200-2W EMA; the blue wave) support.<br \/>\nETH\u2019s rebound confirms a bullish rejection, validating the ongoing consolidation structure.<br \/>\nETH\/USD two-week price chart. Source: TradingViewThis setup closely resembles ETH\u2019s past macro consolidations, namely the 2016 bull flag and the 2018\u20132020 falling wedge, both of which preceded major breakouts to new all-time highs.<br \/>\nA breakout above the current triangle consolidation could follow a similar trajectory, increasing the probability of ETH reaching the $10,000 mark \u2014 and even $20,000 if the breakout pans out per the rules of technical analysis.<br \/>\nETH\/USD weekly price chart. Source: TradingViewThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/ethereum-to-10k-cant-be-ruled-out-eth-price-gains-sol-xrp?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsKey takeaways: Ether has rebounded from key parabolic and triangle support levels, reviving the case for a $10,000 breakout. Historical fractals and RSI recovery mirror past pre-rally setups&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129024"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129024"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129024\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129024"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}