Huge prediction for Ethereum (ETH), the pioneer of altcoins!

The crypto market started the weekend in an upward direction. Many altcoins achieved increases of more than 10 percent during the day. #Bitcoin trading in the $ 100,000 region and the ETH price reaching $ 4,000 were the factors behind the increases. Crypto analysts argued that $ETH TH should come to the fore for the altcoin bull to intensify.

The Ethereum ecosystem came out on top in these increases. Sushi ($SUSHI ), in particular, gained more than 20 percent in the last 24 hours.

An anonymous analyst mentioned by Cointelegraph claimed that the ETH price could reach $ 15,000 by May 2025. The analyst touched on a formation formed on the price chart.

Ethereum achieved a slow and steady increase in three weeks. The ETH price has increased by 28 percent since November 18. ETH, which reached its highest value of 2024 at $4,087, has created excitement among crypto investors.

According to Cointelegraph, the Relative Strength Index (RSI) has a healthy outlook. The fact that the indicators are below the overbought zone indicates that it is still in the early stages for profit sales.

The anonymous analyst stated that ETH is consolidating within the three-year ascending triangle formation and is approaching a new change. Speaking to Cointelegraph, the analyst made the following statements;

“It seems likely that ETH will repeat this impulsive breakout it made between 2016-2017 and break a new record. My price target for 2025 will be $15,937.”

If the analyst's prediction comes true, ETH will reach a market value of $1 trillion for the first time in its history. The analyst reminded that the support zone on ETH's weekly candlestick chart is $3,800 and that weekly closings should occur above this level.

Another crypto analyst Honey also claimed that a bull signal has formed in ETH. Honey stated that a formation formed on ETH's daily chart has been broken.

#BURNGMT #Memerally #ETHCrosses4K