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Ethereum to $10K 'can't be ruled out' as ETH price makes sharp gains vs. SOL, XRP

Coin Telegraph LogoCoin Telegraph1d ago

Ethereum to $10K 'can't be ruled out' as ETH price makes sharp gains vs. SOL, XRP - Coin Telegraph

Quick Summary:

Supporting this view, analyst MilkyBull Crypto highlights a similar setup on Ethereum’s monthly chart, noting that ETH’s rally to $10,000 “can’t be ruled out technically.”Source: MilkyBull Crypto Combined with RSI recovery from a multi-year support zone near 40, the setup adds further weight to the five-figure price target.

A mix of fractal setups as well as Ether’s potential to outperform its top-ranking rivals, Bitcoin (BTC), Solana (SOL), and XRP (XRP), are serving as some catalysts behind the five-figure price prediction.

Source: TradingViewThis setup closely resembles ETH’s past macro consolidations, namely the 2016 bull flag and the 2018–2020 falling wedge, both of which preceded major breakouts to new all-time highs.

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Article Details

Author / Journalist: Cointelegraph by Yashu Gola

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-11 @ 17:02:26 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 511 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28572678

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About Coin Telegraph

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 19 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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