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Ethereum (ETH) Is On Its Wat To $10k – Check Out The Details

Ethereum might be on its way to $10k and below, you will find more details about this interesting bullish price prediction.

At the moment of writing this article, ETH is trading in the green and the coin is priced at $1,058.

The crypto market is making efforts to recover following the recent price losses.

ETH to surge to $10k

A top crypto analyst is laying out his long-term roadmap for Ethereum (ETH) to surge to a new all-time high of $10,000.

It’s been just revealed that the pseudonymous trader Kaleo said that ETH could sink as low as the $700 or $800 range in 2023 before breaking out a few years later.

“Keeping it simple. Expect plenty of volatility within the base range through the next BTC halving, but it’s time to accept that we’re in a crab market. No price discovery until late 2024 / early 2025.”

It’s also important to note the fact that Kaleo does not see Bitcoin (BTC) obtaining a new all-time high until 2024 or 2025.

“Bitcoin roadmap to new all-time high.”

The trader says he wants to long BTC when it hits $16,500.

“Finally gonna get that fill to $16,500.”

Bitcoin is trading for $19,396 at the time of writing. The other day, we were revealing that a new Bitcoin rally is imminent according to the latest reports.

New Bitcoin rally is on the way

Accoridng to the latest reports, the pseudonymous crypto strategist Credible said he expected Bitcoin to retrace from $22,000 to around $19,000 before igniting a massive rally to his target above $30,000.

“Was expecting a rejection from red and looking for a move down.”

Credible agrees with the Elliott Wave theory, a technical analysis approach attempting to predict future price action by following crowd psychology that tends to manifest in waves.

In a recent video, the crypto analyst said a pullback to around $19,000 is healthy for BTC. This would reportedly enable Bitcoin to print a bullish higher low setup.

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