Ethereum Analysts Predict $10,000 Target Despite Lack of Macro Support

Crypto analyst XForce has predicted that Ethereum could reach a new all-time high (ATH) of $10,000 in the current market cycle. XForce acknowledged that there is currently no macro fundamental supporting this bullish outlook, but he described it as an "ideal" scenario. In an X post, XForce stated that Ethereum is still aiming for a new ATH this cycle, potentially reaching around $9,000 to $10,000. He noted that Ethereum's recent upward movements on shorter timeframes were objectively impulsive, indicating bullish trends with real-time technical indicators.

XForce highlighted that there is no clear macro scenario driving this potential rally to $10,000, but he emphasized that this target remains his primary prediction. Another analyst, Venturefounder, also predicted that Ethereum could reach the $10,000 price target in this market cycle. However, Venturefounder noted that Ethereum's ability to flip $4,000 into support by the fourth quarter of this year would be crucial for achieving this target. Titan of Crypto, another analyst, suggested that Ethereum is ready for a lift-off. He stated that after a failed breakout, Ethereum found support right on the cloud and is now back within the range. For bullish momentum to resume, Titan of Crypto claimed that Ethereum must clear the cloud and reclaim the Kijun around $2,500. Previously, Titan of Crypto had predicted that Ethereum could rally to $8,500 in this market cycle.

In response to his initial X post, XForce provided an alternative scenario for Ethereum, in which it could rally to as high as $150,000. He described this as a "wild" scenario but noted that it remains an option based on an idealized 5-wave structure. According to XForce, Ethereum is expected to reach the $150,000 target on Wave 5 by July 2028. He warned that neither scenario provides the proper context on the macro level, but only remains ideal. Therefore, based on logic, XForce remarked that it is best to choose the best of the worst.

At the time of writing, the Ethereum price is trading at around $2,400, down in the last 24 hours. XForce's accompanying chart showed that Ethereum could reach the $150,000 target by July 2028. The analyst remarked that the uber bullish scenario remains his alternative because there seems to be no logical approach for Ethereum to reach such levels. He again warned that neither scenario provides the proper context on the macro, but only remains ideal. As such, based on logic, XForce remarked that it is best to choose the best of the worst.