Ethereum Price Could Rise To $9,000 This Cycle, Eyes Breakout Against Bitcoin

Crypto analyst Lourenço predicts Ethereum (ETH) could reach $9,000 this market cycle, citing a potential breakout against Bitcoin. He highlights $4,000 as a crucial support level, with further resistance between $4,700 and $5,000. Analyst Galaxy shares a bullish outlook, noting ETH's RSI isn't overbought despite recent gains. Analyst Ted emphasizes breaking the $4,000 resistance as key to an unstoppable ETH rally, potentially reaching $5,200. Merlijn also points to $4,000 as a significant resistance level, calling it the "gate to price discovery," potentially leading to $11,000 by 2026. Multiple analysts foresee substantial ETH price increases, fueled by a potential breakout above $4,000. The current ETH price hovers around $3,800. A successful breach of $4,000 could trigger a substantial rally, according to these analysts. This bullish sentiment is shared across several analysts, all pointing towards significant ETH price appreciation.