Ethereum Price On The Verge Of Repeating 2017-2021 Cycle Breakout, Target Above $20,000

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Ethereum Price On The Verge Of Repeating 2017-2021 Cycle Breakout, Target Above $20,000 - NewsBTC

Quick Summary:

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.

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.

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.