Ether (ETH) price prediction: Will the cryptocurrency reach $10,000?

Ether (ETH) price has shot up over 44% in just three days to trade above $2,600 on May 11, sparking fresh speculation of a move toward $10,000 in the coming months.

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.

ETH's "up band" target is around $10,000

Ether’s long-term price action continues to follow a parabolic curve that has defined its major market cycles since 2015.

As of May 2025, ETH has rebounded from the curve’s lower boundary near $2,100 — a historically significant support zone that has previously triggered major rallies.

If this parabolic trajectory holds, Ethereum’s next move could be toward the upper boundary of the curve, which currently intersects near the $10,000 level.

Suggesting 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.”

Combined with RSI recovery from a multi-year support zone near 40, the setup adds further weight to the five-figure price target.

ETH looks set to outperform top crypto rivals

The bullish outlook for Ethereum is gaining traction as analysts anticipate an altcoin season in the coming months.

For instance, Chartist Mister Crypto argues that altcoins like ETH may rally 40% in a single day amid capital rotation from Bitcoin.

The Altcoin Season Index, which has broken out of a downtrend just below the 29 level, signals a potential shift away from Bitcoin dominance. While still in “Bitcoin Season” territory (below 25), the breakout suggests altcoins like ETH may soon begin to outperform.

Additionally, Ethereum’s top blockchain rival, Solana, is pasting a rising wedge pattern against Ether, furthering its potential to decline in the coming weeks.

The same picture can be seen against XRP, suggesting that more capital may flow toward Ethereum from rival altcoins in the coming days or weeks.