Ethereum on its way to $130 Million? Analysts Forecast a Parabolic Rise to $8,000!

Jakarta, Pintu News – Ethereum (ETH) price is back in the spotlight after several prominent analysts gave ultra-bullish predictions. According to them, Ethereum has the potential to set a new record high (ATH) at $8,000, or around Rp130.4 million assuming an exchange rate of Rp16,300 per dollar. This means a potential increase of more than 3x the current price, making ETH a strong candidate for crypto market leader in 2025-2026.

Target $8,000: What Do Analysts Say?

Crypto analyst Crypto GEM said through a post on the X platform that Ethereum will experience a parabolic price surge in this market cycle. He projected that ETH could reach $8,000 by July 2026, in line with historical patterns and long-term technical analysis.

A similar view is also expressed by Mikybull Crypto, who emphasizes that ETH’s current price action is very similar to the pattern of 2017. Although ETH lagged behind other cryptocurrencies earlier in the cycle, he believes the second-largest altcoin will close the gap with an aggressive rally. Mikybull’s target is in the range of $8,000 to $10,000 or about Rp130 million to Rp163 million.

Also Read: Pi Network (PI) Token is Ready to Flood! What Happens If the Price Falls Below IDR6,500?

Technical Formations Support Positive Signals

In the short term, Mikybull sees the ascending triangle formation on the ETH chart as a sign that the price is ready for a breakout. His initial target is $3,200, with the potential to go all the way to $3,600 if the buying momentum continues. This increase is seen as a stepping stone to reach the psychological price of $4,000, a point that is considered important to trigger further rallies towards ATH.

Meanwhile, another analyst by the name of Titan of Crypto highlighted the formation of a bull flag pattern that usually signals the continuation of an uptrend. He expects ETH to move towards $3,800 ($61.9 million) in the near future, and in the long term he has three targets: $5,000 ($81.5 million), $7,000 ($114.1 million), and a peak of $8,500 ($138.5 million).

What Does It Mean for Crypto Investors?

The consensus from various analysts suggests that Ethereum has great potential to chase prices much higher. Favorable factors include:

• Improved market sentiment,
• On-chain data showing investors withdrawing ETH from exchanges,
• BTC’s rally has the potential to attract altcoins like ETH to go up as well.

However, it’s important to remember that predictions like these are speculative and highly dependent on global macroeconomic conditions, market sentiment, as well as the success of Ethereum’s own network updates.

Conclusion

Ethereum’s prediction of reaching $8,000 in the next two years is not impossible if the crypto market returns to its full bullish phase. With the support of historical data, promising technical formations, and optimism from the community, ETH could very well set a new record. However, investors are still advised to conduct thorough research and consider risk management in every investment decision.

Also Read: XRP is in Freefall! Is This a Sign of a Big Storm in the Crypto World?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• NewsBTC. Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH. Accessed June 3, 2025.
• Featured Image: Generated by AI