News/NewsBTC/Ethereum Set to Soar to $8,000: Crypto Experts Forecast Major Bull Run for ETH
Crypto expert Crypto GEM has offered an extremely bullish forecast for Ethereum’s price, suggesting it could hit a new all-time high (ATH) in this market cycle. According to his forecast, ETH could see a threefold increase during this predicted bull run.
In a recent post, Crypto GEM suggested that Ethereum’s price is set to skyrocket in this cycle, potentially reaching a staggering $8,000. His accompanying graph indicates that ETH could hit this target by July 2026. Another crypto analyst, Mikybull Crypto, has also outlined similar price targets for ETH within this cycle, ranging between $8,000 and $10,000.
Mikybull Crypto’s recent analysis shows that the current Ethereum price mirrors the price action of the 2017 market cycle. Reflecting this pattern, he suggests that ETH could reach a minimum price target of $8,000. Despite Ethereum’s underperformance in this cycle, the analyst remains optimistic about ETH’s potential for a parabolic rally.
Mikybull Crypto predicts a short-term Ethereum price rally above $3,000. He believes that ETH is still building momentum within an ascending triangle, and sets the target at $3,200 for this potential breakout. He reaffirmed this prediction in another analysis, suggesting that the same pattern is forming under different market conditions, and that investors should brace for a significant upswing.
In another post, crypto analyst Titan of Crypto forecasted that the Ethereum price could rally to $3,800 as a bull flag forms. He suggests that ETH has just broken out and that this bullish pattern is continuing. If proven correct, the analyst indicates that the next target could be around $3,800. This is just a stepping stone as Titan of Crypto anticipates Ethereum to climb even higher in the long run.
Similar to Crypto GEM and Mikybull Crypto, Titan of Crypto also believes that the Ethereum price could reach $8,000 eventually. He highlighted Ethereum’s market structure and potential targets, setting the first target for ETH just above $5,000, the second just over $7,000, and the third at $8,500.
At the time of writing, Ethereum is valued at approximately $2,500, witnessing a decline in the last 24 hours, as per data from CoinMarketCap.
