Ethereum

when

A crypto analyst has made a daring prediction for <a href="https://www.newsbtc.com/analysis/eth/ethereum-price-recovery-trails-bitcoin/">Ethereum (ETH)</a>, setting the timeline for when the world’s second-largest cryptocurrency would embark on a significant rally to new all-time highs above $10,000.&nbsp; 
<h2 id="here-s-when-ethereum-will-reach-10-000">Here’s When Ethereum Will Reach $10,000</h2> 
A crypto analyst identified as ‘Yoddha,’ on X (formerly Twitter) has <a href="https://x.com/cryptoyoddha/status/1790111597559492645?s=46" rel="nofollow">announced</a> the timeline for Ethereum’s ascent above $10,000. According to Yoddha, <a href="https://www.newsbtc.com/analysis/eth/ethereum-price-break-2925/">Ethereum is expected to rally</a> massively after a period of accumulation and decline, continuously rising above $10,000 by the end of the year.&nbsp; 
The analyst’s <a href="https://www.newsbtc.com/news/ethereum/ethereum-price-prediction-bitcoin/">ambitious predictions</a> are based on historical trends exhibited by Ethereum from 2016 to 2024. He shared a chart depicting Ethereum’s price action over these years, highlighting periods of accumulation, interim peaks and volatility.&nbsp; 
Yoddha disclosed that from 2019 to 2021, <a href="https://www.newsbtc.com/news/ethereum/ethereum-enters-accumulation-phase-as-500-million-eth-leaves-exchanges/">Ethereum witnessed a period of accumulation </a>marked by multiple price fluctuations, including long declines and short rallies. Following this, Ethereum surged significantly, reaching a peak of $4,867 towards the end of 2021. This price range aligns with the cryptocurrency’s all-time high of $4,878, achieved during the previous bull market cycle in 2021.&nbsp; 
Based on these historical trends, Yoddha identified a similar accumulation phase in <a href="https://www.newsbtc.com/analysis/eth/ethereum-price-support-2940/">Ethereum’s price movements</a> during this current market cycle. The analyst noted that from 2022 to early 2024, Ethereum experienced an accumulation and slightly <a href="https://www.newsbtc.com/all/ethereum-price-correction-2925/">bearish phase</a>.&nbsp; 
Prior to reaching a record high of $4,088 on March 12, 2024, Ethereum had experienced a bearish trend in 2022 and 2023. The cryptocurrency also <a href="https://www.newsbtc.com/analysis/eth/ethereum-price-reverse-gains-3220/">faced declines</a> on several occasions in 2024, especially around April and May.&nbsp; 
Yoddha has indicated that Ethereum has successfully concluded this accumulation and <a href="https://www.newsbtc.com/analysis/eth/ethereum-price-revisits-2800/">bearish period</a> and is on track to witness a massive rally towards $15,346, extending into the end of 2024.&nbsp; 
<h2 id="analyst-says-eth-could-start-altcoins-season">Analyst Says ETH Could Start Altcoins Season</h2> 
In another <a href="https://x.com/cryptoyoddha/status/1789196242419167366?s=46" rel="nofollow">X post</a>, Yoddha indicated that <a href="https://bitcoinist.com/altcoin-season-ethereum-breakout/" rel="nofollow">Ethereum could start the upcoming altcoins season</a>. The crypto analyst has consistently emphasized the impending launch of the highly anticipated altcoins season in 2024.&nbsp; 
He revealed that altcoins will begin to gain more attraction once the hype surrounding meme coins diminishes. Additionally, Yoddha <a href="https://x.com/cryptoyoddha/status/1789726991555403882?s=46" rel="nofollow">revealed</a> that 2024 could issue the biggest altcoins season, encompassing healthy pullbacks and new all-time highs. 
Presently, the price of <a href="https://www.newsbtc.com/analysis/eth/ethereum-price-repeat-3200/">Ethereum is trading at $3,024</a>, reflecting a 1.58% decline over the past month, according to CoinMarketCap. A surge above $10,000 will require the cryptocurrency to jump by more than $7,000, fueled by a notable uptick in investor demand and interest in the cryptocurrency as well as the potential introduction of an <a href="https://bitcoinist.com/ethereum-analyst-says-sec-etf-nod-slim-to-none/" rel="nofollow">Ethereum Spot ETF</a> in 2024.&nbsp; 
Crypto analyst, Ali Martinez has <a href="https://x.com/ali_charts/status/1790682299387850852?s=46" rel="nofollow">revealed</a> that currently, Ethereum’s TD Sequential is presenting a “buy signal” on ETH’s daily price chart. He predicts that Ethereum could <a href="https://www.newsbtc.com/analysis/eth/ethereum-price-bullish-3000/">witness a rebound</a> of one to four candlesticks from its recent price drop. 
<img loading="lazy" decoding="async" class="size-medium" src="https://www.tradingview.com/x/6j7DjhkT/" alt="Ethereum price chart from Tradingview.com" width="3286" height="1576">

Expert Sets Timeline For When Ethereum Price Will Begin Rally To $10,000

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