Get ready, because this is getting interesting. It turns out that a super well-known analyst in the crypto world, Gert van Lagen, has put the cards on the table and is saying that Ethereum could soar to USD 18,000! 🚀 Yes, you read that right. And it's not that he made it up; the man is based on something called 'Elliott waves,' which are like the secret patterns of the market. 🌊 According to him, ETH is about to finish its bullish cycle that started back in 2019 and boom!, it could explode.
Currently, ETH is hovering around USD 3,750, so just imagine the jump it would be to reach eighteen thousand. 🤯 This is big news because, although it has already risen quite a bit, it is still below its record price of USD 4,890 in 2021. But what else makes us think this is possible? Well, look, people are moving their Bitcoin (BTC) money to Ethereum, which could be the sign of a new 'altseason,' that season when alternative cryptos skyrocket. 💰
Furthermore, the numbers don't lie. The moving averages of ETH are in green, indicating that the price remains strong, and the Bollinger Bands, which show us the volatility, scream 'we're still going up!' 📈 Even Ethereum ETFs (which are like investment funds that you can buy on the stock market) are receiving a lot of money, more than Bitcoin in recent days! This is super important because when these funds buy a lot of ETH, its price rises like foam. 💸
And as if that weren't enough, another analyst, Eric Jackson, says that if the SEC (the ones who regulate markets in the United States) allows ETH ETFs to do something called 'staking' (which is like putting your cryptos to work to generate more), we could see ETH at USD 10,000 or even more than USD 15,000! 🤑 This would make Ethereum even more attractive to big investors.
So, the picture is painted: technical analysis suggesting a big jump, money flowing into ETH, and the possibility that ETFs could further boost its value. Are we about to witness one of the most epic moments for Ethereum? 🤔 Stay tuned, because the future of cryptos could give us a big surprise!$ETH