Ethereum mirrors XRP’s breakout pattern – Can ETH reach $10K?

AMB Crypto 11 months ago 257

Analysts doubled down on $10K target calls for ETH ($2,955.56).
Will growing demand, as seen by strong ETH ETF flows, boost the projection?

Market pundits have increased their calls for Ethereum’s [ETH] $10K price target. The latest call has cited XRP ($2.19)’s breakout, which had a similar bullish pattern to ETH’s 3-year price action.

According to pseudonymous crypto analyst Wolf, both assets have consolidated within a 3-year compression triangle. With XRP fronting a 3x after breakout, ETH could follow through, implying a $12K target.

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