The Ethereum price is holding steady today at around $4,500 today, easing slightly after last week’s breakout but remaining well within range of its all-time high of $4,878 from November 2021.
Despite the pullback, momentum remains strong. Standard Chartered just reiterated its bullish outlook, forecasting that ETH could break its previous high this quarter and finish the year at $7,500 – nearly double its previous $4,000 year-end target.
Given that Ethereum is up 23% over the past week and 59% in the past month, this upgrade seems not only reasonable but likely.
Longer term, the bank sees Ethereum climbing to $25,000 by 2029 – a potential 430% gain from current prices and a scenario that supports a highly bullish Ethereum price prediction.
Ethereum Price Prediction: ETH Inches From All-Time High – Mega Breakout Could Send It to $20K
Standard Chartered had been a little more cautious in its appraisal of Ethereum, yet the recent surge in ETF volumes and in strategic ETH reserves has boosted the altcoin massively.
The bank has outlined a forecast which also sees the Ethereum price reaching $12,000 in 2026 and $18,000 in 2027, before heading to $25,000 at the close of the decade.
Such remarks come amid strong momentum for Ethereum, which may set a new ATH within a matter of days, if not hours.
Ethereum’s recent price action shows the asset regaining powerful bullish momentum – its strongest run since the breakout to $3,800 in May 2024.
The MACD has surged to new yearly highs, confirming a strong bullish crossover that continues to widen – a classic signal of a sustained uptrend.
Volume remains elevated, with over $49 billion in trading activity highlighting fresh inflows and investor confidence.
On-chain, staking activity has picked up sharply, while ETF demand continues to surge. Ethereum ETF holdings have now reached $39.2 billion in value, with institutional and ETF reserves accounting for 8.27% of total ETH supply.
With bullish structure forming around the $3,000 support and momentum indicators pointing higher, Ethereum looks on track to retest the $5,000 level in the near term.
A breakout above that psychological barrier could trigger the next leg up toward the $10,000 price target – a move that would confirm one of the most significant Ethereum price prediction rallies this cycle.
Bitcoin Hyper Raises $9.4 Million As More Investors Join Presale: Next Coin to 100x?
But aside from Ethereum, investors looking to increase their exposure to potential upside would do well to diversify into smaller alts.
This includes presale coins, which can sometimes generate enough momentum during their sales to surge once they list for the first time.
A great example of a presale token with this kind of potential is Bitcoin Hyper (HYPER), a layer-two network for Bitcoin (BTC).
Since opening its sale a couple of months ago it has gone on to raise just over $9.4 million, making it one of the most successful presale of the year.
This is a signal of Bitcoin Hyper’s massive potential, with the project set to launch an L2 that will offer Bitcoin holders lower fees and greater speed.
Such holders will be able to deposit their BTC with Bitcoin Hyper’s smart contract, which will then convert their tokens into HYPER, ready for use on the L2.
The aim here is to tap into Bitcoin’s enormous value for DeFi purposes, with Bitcoin Hyper planning to develop a thriving ecosystem of apps.
HYPER will have a max supply of 21 billion tokens, with holders able to stake it for a passive income.
Investors can buy it now by going to the Bitcoin Hyper website, where HYPER currently costs $0.012725.
This will continue to rise for as long as the sale lasts, so buyers should act as quickly as possible.
Click Here to Participate in the PresaleThe post Ethereum Price Prediction: ETH Inches From All-Time High – Mega Breakout Could Send It to $20K appeared first on Cryptonews.
