{"id":13057,"date":"2025-06-13T22:34:45","date_gmt":"2025-06-13T20:34:45","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=13057"},"modified":"2025-06-13T22:34:45","modified_gmt":"2025-06-13T20:34:45","slug":"ethereum-could-surge-to-10000-if-key-resistance-is-overcome","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/06\/13\/ethereum-could-surge-to-10000-if-key-resistance-is-overcome\/","title":{"rendered":"Ethereum Could Surge to $10,000 If Key Resistance Is Overcome"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div>\n<div class=\"trust\">\n<div class=\"trust__title\">\n<h3 class=\"trust__title-text\">Grounds for confidence<\/h3>\n<\/p><\/div>\n<div class=\"trust__content\">\n<div class=\"trust__list\">\n<div class=\"trust__list-item\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" viewbox=\"0 0 12 12\" fill=\"currentColor\" class=\"trust__list-item-icon\"><path d=\"M10.2492 0.703125L4.75078 7.95234L1.5 4.70391L0 6.20391L4.99922 11.2031L12 2.20312L10.2492 0.703125Z\"\/><\/svg>      <\/p>\n<p>Rigorous editorial guidelines emphasizing accuracy, relevance, and neutrality<\/p>\n<\/p><\/div>\n<div class=\"trust__list-item\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" viewbox=\"0 0 12 12\" fill=\"currentColor\" class=\"trust__list-item-icon\"><path d=\"M10.2492 0.703125L4.75078 7.95234L1.5 4.70391L0 6.20391L4.99922 11.2031L12 2.20312L10.2492 0.703125Z\"\/><\/svg>      <\/p>\n<p>Developed by field specialists and thoroughly vetted<\/p>\n<\/p><\/div>\n<div class=\"trust__list-item\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" viewbox=\"0 0 12 12\" fill=\"currentColor\" class=\"trust__list-item-icon\"><path d=\"M10.2492 0.703125L4.75078 7.95234L1.5 4.70391L0 6.20391L4.99922 11.2031L12 2.20312L10.2492 0.703125Z\"\/><\/svg>      <\/p>\n<p>The utmost standards in journalism and publishing<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"trust__accordion\">\n<div class=\"trust__accordion-item\">\n<div class=\"trust__accordion-item-content\">\n<p>Rigorous editorial guidelines emphasizing accuracy, relevance, and neutrality<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"trust__accordion-item\">\n<div class=\"trust__accordion-item-content\">\n<p>Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p><span style=\"font-weight: 400\">Ethereum&#8217;s price movement this week has been quite remarkable, with the premier altcoin surpassing $2,800 once again for the first time in four months. Ethereum <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-price-tests-ascending-channel-resistance-breakout-or-breakdown\/\" target=\"_blank\"><span style=\"font-weight: 400\">succeeded in exceeding<\/span><\/a><span style=\"font-weight: 400\"> the $2,800 threshold for the initial time since February, briefly reaching $2,870 before retracting slightly.<\/span><\/p>\n<p><h2 class=\"jeg_block_title\"><span>Related Literature<\/span><\/h2>\n<\/p>\n<p><span style=\"font-weight: 400\">Two distinct evaluations by crypto analyst Crypto Patel on the social platform X indicate Ethereum is currently on the correct path. The first, utilizing an 8-hour chart, underscores a surge toward $4,000. The second, employing a long-term two-week timeframe, describes a bullish configuration that might propel Ethereum to $10,000 and beyond.<\/span><\/p>\n<h2>Ethereum\u2019s Surge From Sideways Consolidation Period<\/h2>\n<p><span style=\"font-weight: 400\">In a <\/span><a href=\"https:\/\/x.com\/CryptoPatel\/status\/1932531464106852618\" target=\"_blank\" rel=\"nofollow\"><span style=\"font-weight: 400\">recent examination shared on X<\/span><\/a><span style=\"font-weight: 400\">, a crypto expert known as Crypto Patel emphasized Ethereum\u2019s effort to <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-breaks-above-month-long-range-1-3m-eth-held-at-2-70k-2-74k-may-anchor-price\/\" target=\"_blank\" rel=\"nofollow\"><span style=\"font-weight: 400\">break free from its defined range.<\/span><\/a><span style=\"font-weight: 400\"> Utilizing the 8-hour candlestick chart, he illustrated how Ethereum spent several weeks since early May fluctuating between clear support at $2,366 and resistance around $2,734. The breakout illustrated on the chart occurred just above this resistance area, when Ethereum momentarily surpassed $2,800 before facing some pushback.<\/span><\/p>\n<figure id=\"attachment_771084\" aria-describedby=\"caption-attachment-771084\" style=\"width: 512px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"size-large wp-image-771084\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Ethereum-chart-from-Crypto-Patel-1.png?w=512&amp;resize=512%2C259\" alt=\"Ethereum\" width=\"512\" height=\"259\" loading=\"lazy\"\/><figcaption id=\"caption-attachment-771084\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/x.com\/CryptoPatel\/status\/1932531464106852618\" target=\"_blank\" rel=\"nofollow\">Crypto Patel on X<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">If this breakout maintains above $2,800, Ethereum may initiate a steep upward progression <\/span><a href=\"https:\/\/www.newsbtc.com\/ethereum-news\/ethereum-breakout-imminent-broadening-wedge-hints-at-4200-surge\/\" target=\"_blank\"><span style=\"font-weight: 400\">toward the $3,500 to $4,000 region<\/span><\/a><span style=\"font-weight: 400\"> in the upcoming weeks. Crypto Patel accentuated the significance of monitoring whether Ethereum remains above the $2,750 breakout line, as a successful confirmation could spark a wave of bullish movement.<\/span><\/p>\n<h2>Ethereum\u2019s Path to $10,000 In the Long Run<\/h2>\n<p><span style=\"font-weight: 400\">In <\/span><a href=\"https:\/\/x.com\/CryptoPatel\/status\/1932759466703008010\" target=\"_blank\" rel=\"nofollow\"><span style=\"font-weight: 400\">a subsequent post<\/span><\/a><span style=\"font-weight: 400\"> evaluating a much broader timeframe, Crypto Patel shared a two-week candlestick chart that traced Ethereum\u2019s long-term structure from 2018. The chart displayed a clearly defined bullish setup, including a rebound from a key bullish order block around $1,400 in April. This rebound functioned as a support level, with the resulting candlestick being a bullish one that broke through another order block between $1,700 and $2,500.<\/span><\/p>\n<p><h2 class=\"jeg_block_title\"><span>Related Literature<\/span><\/h2>\n<\/p>\n<p><span style=\"font-weight: 400\">Patel pointed out that Ethereum is now exhibiting signs of a long-term bullish continuation pattern. With support levels already established for the next bear market, the analyst <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-19500-with-hs-pattern\/\" target=\"_blank\"><span style=\"font-weight: 400\">projected a target above <\/span><\/a><span style=\"font-weight: 400\">$10,000, suggesting a 438% upside potential from current price levels. The chart also identifies $2,500 as a structural pivot point, with Ethereum&#8217;s ongoing upward movement anticipated to strengthen if this support level holds.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Consequently, the journey to $10,000 will hinge on Ethereum&#8217;s capacity to convert its recent resistance breach into sustained momentum. The $2,800 area must now function as a support foundation<\/span><a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-tests-previous-resistance-as-support-can-bulls-defend-this-level\/\" target=\"_blank\"><span style=\"font-weight: 400\"> rather than a resistance barrier<\/span><\/a><span style=\"font-weight: 400\">. However, this has not materialized as expected in the past 24 hours, with Ethereum currently down by a substantial 9.6%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The ensuing price fluctuations have resulted in the leading altcoin reverting to trading within this consolidation range. Inability to maintain above $2,500 could lead to further losses over the weekend until it closes on $2,366 again and potentially <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-enters-strategic-pause\/\" target=\"_blank\" rel=\"nofollow\"><span style=\"font-weight: 400\">initiate another rebound from this point.<\/span><\/a><\/p>\n<figure style=\"width: 2108px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/QO5JFtxR\/\" alt=\"Ethereum\" width=\"2108\" height=\"1502\" loading=\"lazy\"\/><figcaption class=\"wp-caption-text\">ETH trading at $2,528 on the 1D chart | Source: ETHUSDT on <a href=\"https:\/\/www.tradingview.com\/x\/QO5JFtxR\/\" target=\"_blank\">Tradingview.com<\/a><\/figcaption><\/figure>\n<p>Featured image from Getty Images, chart from Tradingview.com<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-could-rally-to-10000\/\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html Grounds for confidence Rigorous editorial guidelines emphasizing accuracy, relevance, and neutrality Developed by field specialists and thoroughly vetted The utmost standards in journalism and publishing Rigorous editorial guidelines emphasizing accuracy, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum&#8217;s price movement this<\/p>\n","protected":false},"author":3,"featured_media":13058,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[2716,2717],"class_list":["post-13057","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-ethereum-price-could-rally-to-10","tag-000-if-this-major-resistance-is-broke-gpt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Could Surge to $10,000 If Key Resistance Is Overcome - 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\/06\/13\/ethereum-could-surge-to-10000-if-key-resistance-is-overcome\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Could Surge to $10,000 If Key Resistance Is Overcome - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html Grounds for confidence Rigorous editorial guidelines emphasizing accuracy, relevance, and neutrality Developed by field specialists and thoroughly vetted The utmost standards in journalism and publishing Rigorous editorial guidelines emphasizing accuracy, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. 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