{"id":12570,"date":"2025-05-30T03:26:43","date_gmt":"2025-05-30T01:26:43","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=12570"},"modified":"2025-05-30T03:26:43","modified_gmt":"2025-05-30T01:26:43","slug":"ethereums-journey-to-the-10000-benchmark-relies-on-transforming-this-key-level-into-support","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/30\/ethereums-journey-to-the-10000-benchmark-relies-on-transforming-this-key-level-into-support\/","title":{"rendered":"Ethereum&#8217;s Journey to the $10,000 Benchmark Relies on Transforming This Key Level into Support"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div>\n<div class=\"trusted-editorial-content trusted-editorial-content--top\">\n<div class=\"trusted-editorial-content__text\"><u>Trusted Editorial<\/u> material, assessed by prominent industry professionals and experienced editors. <a href=\"#\" target=\"_blank\">Ad Disclosure<\/a><\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">While <\/span><a href=\"https:\/\/bitcoinist.com\/ethereums-network-activity-wanes\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">Ethereum<\/span><\/a><span style=\"font-weight: 400;\"> has gained momentum today, its value persists in showing remarkable strength by staying above the $2,700 threshold. ETH\u2019s performance has been exceptional in recent weeks, outpacing crypto assets like Bitcoin. A crypto analyst anticipates a possible continuation of the current upward trajectory, potentially achieving a new all-time high during this bull market phase.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Is A $10,000 Ethereum Finally Within Reach?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Despite its failure to achieve a new all-time peak this bull season, similar to other significant assets, Ethereum continues to be one of the most accomplished cryptocurrencies this cycle. Its <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-surges-with-force\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">recent price stability<\/span><\/a><span style=\"font-weight: 400;\"> has rekindled optimism regarding a potential rush to a new high before this cycle concludes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As ETH hovers near important support zones, Venturefounder, a crypto analyst and investor, has <\/span><a href=\"https:\/\/x.com\/venturefounder\/status\/1927619471876751416\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">emphasized<\/span><\/a><span style=\"font-weight: 400;\"> its path to an unparalleled level by next year. His forecast relies on several <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-forms-inverse-hs-bulls-eye-breakout-above-2700-level\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">crucial factors and momentum indicators<\/span><\/a><span style=\"font-weight: 400;\"> observed on the monthly chart. However, central to this perspective is the potential transition of the $4,000 level into support.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After examining the current price behavior, Venturefounder identified a significant ascending channel that has developed since 2017, indicating a prolonged upward movement. ETH\u2019s bullish trend is further validated by a developing bullish crossover indicated by the Moving Average Convergence Divergence (MACD) indicator.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><span style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">As May approaches its conclusion, the expert believes that if the <\/span><a style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\" href=\"https:\/\/bitcoinist.com\/from-crash-to-cash-altcoins-that-could-turn-early-buyers-into-the-next-millionaire-class\/\" target=\"_blank\" rel=\"noopener \">altcoin <\/a><span style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">closes above the $2,500 level, it may signify a<\/span> pivotal turning point for price fluctuations. The monthly MACD\u2019s bullish crossover completion prior to May&#8217;s end will also serve as a springboard for further positive price movements.<\/span><\/p>\n<figure id=\"attachment_488996\" aria-describedby=\"caption-attachment-488996\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" data-recalc-dims=\"1\" decoding=\"async\" class=\"wp-image-488996 size-medium\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/Ethereum-chart-from-Venturefounder.png?resize=640%2C290\" alt=\"Ethereum\" width=\"640\" height=\"290\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/Ethereum-chart-from-Venturefounder.png?w=1383 1383w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/Ethereum-chart-from-Venturefounder.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/Ethereum-chart-from-Venturefounder.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/Ethereum-chart-from-Venturefounder.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/Ethereum-chart-from-Venturefounder.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/Ethereum-chart-from-Venturefounder.png?w=1140 1140w\" sizes=\"(max-width: 640px) 100vw, 640px\"\/><figcaption id=\"caption-attachment-488996\" class=\"wp-caption-text\">ETH set for a significant rally | Source: <a href=\"https:\/\/x.com\/venturefounder\/status\/1927619471876751416\" target=\"_blank\" rel=\"noopener nofollow\">Venturefounder on X<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Combining the monthly close above $2,500 and the completion of the MACD bullish crossover, Ethereum is anticipated to surge towards the <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-as-cash-substitute\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">next target of $4,000<\/span><\/a><span style=\"font-weight: 400;\"> following these developments. According to Venturefounder\u2019s evaluation, the $4,000 level seems to be the foundational point for the next expected upward shift in a bullish context.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Should the altcoin successfully convert this vital resistance point into support by Q4 of this year, the expert is optimistic about <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereums-revenge-arthur-hayes-predicts-run-to-10000\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">a significant rally towards a new all-time high of $10,000<\/span><\/a><span style=\"font-weight: 400;\"> by 2026. Meanwhile, Venturefounder indicates that ETH\u2019s price will fluctuate between $1,400 and $4,000 in a bearish scenario.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">ETH Final Surge on the Horizon<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">ETH\u2019s route to a new all-time high this cycle appears likely. Crypto expert Merlijn The Trader has also <\/span><a href=\"https:\/\/x.com\/MerlijnTrader\/status\/1927333965947683213\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">predicted<\/span><\/a><span style=\"font-weight: 400;\"> a notable upward movement to a new peak after analyzing ETH\u2019s current price activity and previous trends in correlation with that of Bitcoin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Merlijn The Trader explained Ethereum\u2019s coinciding performance with <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-entering-price-discovery-golden-ratio-multiplier-suggests-130000-ahead\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">Bitcoin<\/span><\/a><span style=\"font-weight: 400;\">, where these assets ascend to a new peak once the prior high is revisited. In the previous cycle, ETH and BTC surged by +234% and +540% respectively after reclaiming their previous peak.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given that BTC has made the move once again, the expert believes <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-exchange-supply-drops-to-record-low-of-4-9\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">ETH<\/span><\/a><span style=\"font-weight: 400;\"> replicating a similar trend is merely a matter of time. When this occurs, Melijn predicts a substantial price surge surpassing the $14,000 milestone by 2026.<\/span><\/p>\n<figure style=\"width: 2084px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/mRQOShKW\/\" alt=\"Ethereum\" width=\"2084\" height=\"1242\"\/><figcaption class=\"wp-caption-text\">ETH trading at $2,723 on the 1D chart | Source: ETHUSDT on <a href=\"https:\/\/www.tradingview.com\/x\/mRQOShKW\/\" target=\"_blank\" rel=\"noopener nofollow\">Tradingview.com<\/a><\/figcaption><\/figure>\n<p>Featured image from Getty Images, chart from Tradingview.com<\/p>\n<div class=\"trusted-editorial-content trusted-editorial-content--bottom\">\n    <img decoding=\"async\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/safe.png\" class=\"trusted-editorial-content__icon\"\/><\/p>\n<p><strong>Editorial Process<\/strong> for bitcoinist emphasizes providing well-researched, accurate, and impartial content. We adhere to strict sourcing standards, and every page undergoes thorough examination by our team of leading technology experts and seasoned editors. This approach guarantees the integrity, relevance, and value of our material for our audience.<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/ethereums-path-to-10000-milestone-2\/\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html Trusted Editorial material, assessed by prominent industry professionals and experienced editors. Ad Disclosure While Ethereum has gained momentum today, its value persists in showing remarkable strength by staying above the $2,700 threshold. ETH\u2019s performance has been exceptional in recent weeks, outpacing crypto assets like Bitcoin. A crypto analyst anticipates a possible continuation of the<\/p>\n","protected":false},"author":3,"featured_media":12571,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[2579,2580],"class_list":["post-12570","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-ethereums-path-to-10","tag-000-milestone-hinges-on-flipping-this-level-into-support-gpt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum&#039;s Journey to the $10,000 Benchmark Relies on Transforming This Key Level into Support - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/30\/ethereums-journey-to-the-10000-benchmark-relies-on-transforming-this-key-level-into-support\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum&#039;s Journey to the $10,000 Benchmark Relies on Transforming This Key Level into Support - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html Trusted Editorial material, assessed by prominent industry professionals and experienced editors. 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