The native token of #Ethereum , ETH, has increased by more than 44% in just three days, surpassing US$2,600 yesterday, fueling new speculation from some analysts about a race towards US$10,000 in the coming months. The potential long-term price action of ETH follows a parabolic curve that has defined its major market cycles since 2015.

If this parabolic trajectory is maintained, Ethereum's next movement could be towards the upper limit of the curve, which currently crosses near the level of US$10,000.