{"content":"Ethereum’s 4-Year Cage Break? Analysts Say It’s About To Go Parabolic 🚀 With its gains of more than 17% in the last seven days and the break over $2,500, Ethereum is once again looking bright. Predicting that its price will soon go stratospheric after a protracted consolidation phase, analysts have presented a bright picture for the second-largest crypto by market capitalization. Ethereum primed to explode as price swings parabolic He said he is rather optimistic, suggesting a breakthrough was only around. According to his accompanying graphic, on this breakout ETH may achieve a new all-time high (ATH). Although Ethereum's price is finding trouble breaking beyond $2,600, the expert also noted that the rebound is already under way. Although Ethereum could have a little dip in the next week, he said the ultimate upswing has been verified. Examining ETH's weekly chart, Skyrexio concluded that the cryptocurrency falls on wave 3 of the Elliott wave pattern. Claiming to be a major confirmation of the bull run, the analyst showed a green dot on the Bullish/Bearish Reversal Bar indicator. Skyrexio said that around $6,500 the 1.61 Fibonacci is the aim for wave 3. He advised market players to take into account the second possibility wherein ETH would retest the low while BTC dominance will approach 67%. Whales are gathering intensively ahead of a possible price explosion. ETH would beat BTC to the cycle high, he said also going forward. According to his accompanying graphic, by the conclusion of current market cycle the cryptocurrency may surge above $9,000. In another article, he maintained this goal and described between $8,000 and $10,000 as his Ethereum cycle aims. Another reason he is sure ETH will finally gather to as high as $10,000 is that it is yearning for 2017 vibes. #EthereumSecurityInitiative #CryptoRegulation #CryptoCPIWatch #BinanceAlphaPoints #BinanceAlphaAlert $ETH $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/16/cff160e84b5f4fb281a313765fa9aedc.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}