Martinez mentioned that a decisive breakout above $4,000 could send ETH to $7,000. ETH To Reach Five Digits In This Bull Run Crypto analyst CrediBULL Crypto has also backed BasicTrading’s bullish outlook as he predicted that the Ethereum price would at least reach $10,000 in this market cycle.
CrediBULL Crypto further opined that $20,000 is certainly not unreasonable by the end of this cycle. Related Reading: Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade Crypto analyst Mikybull Crypto also provided a bullish outlook for the Ethereum price, stating that ETH’s hated rally that will bring it to $12,000 is loading.
This again provides some optimism concerning ETH, which has continued to underperform in this market cycle. Ethereum Price Eyes $4,000 With This Bullish Pattern In a TradingView post, BasicTrading revealed that a breakout to $4,000 looks to be on the horizon for the Ethereum price following the formation of a rising channel pattern.
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