Ethereum rebounded from key support levels in both parabolic and triangular shapes, refreshing the possibility of breaking through the $10,000 barrier.
Historical fractals and the recovery of the Relative Strength Index (RSI) reflect pre-uptick settings seen in 2016 and 2020.
Signals of the altcoin season and their strength against competitors like SOL and XRP bolster Ethereum's ability to outperform.
Ether
ETH
The price of $2,485, the original token of Ethereum, rose by over 44% in just three days to exceed $2,600 on May 11, sparking new speculation about the currency's direction towards $10,000 in the coming months.
A combination of fractal settings, along with Ethereum's ability to outperform its key competitors, Bitcoin,
BTC
$104,140
and Solana
SOL
$171.59
and XRP
XRP
$2.36
are considered some of the catalysts behind the five-figure price predictions.
The target of Ethereum's 'bullish range' is around $10,000.
The long-term price of Ethereum continues to follow a parabolic curve that has characterized its major market cycles since 2015.
As of May 2025, Ethereum rebounded from the curve's low near $2,100 - a historically significant support area that previously sparked major spikes.
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