Ethereum Hits $10K, gaining edge over Solana as ETH Eyes surge. XRP struggles to hold ground, analysts say a reversal “can’t be ruled out.”
Important takeout’s:
Ethereum Hits $10K, Ether recovered from major parabolic and triangle support levels and revived the case with a $10,000 breakout.
Historic fractals and RSI recovery reflect the previous run setup seen in 2016 and 2020.
AltSeason’s signal and strength against rivals such as Sol and XRP increase the likes of Ethereum’s outperformability.
Ethereum’s native token, Ether (ETH), surged more than 44% on May 11 in just three days, spurring new speculation towards $10,000 in the coming months.
The fractal setup combines with the etheric potential that surpasses top-ranked rivals Bitcoin (BTC), Solana (SOL) and XRP (XRP), and serves as the catalyst behind five-digit price predictions.
ETH’s “Upband” target is around $10,000
Ether’s long-term price action has continued since 2015 the parabolic curve defining the major market cycle.
As of May 2025, ETH rebounded from the lower limit of the curve, nearly $2,100. This is a historically important support zone that has previously sparked major gatherings.
If this parabolic trajectory holds, Ethereum’s next move could be heading towards the upper limit of the curve, which currently intersects near the $10,000 level.
In support of this view, analyst Milkybull Crypto highlights a similar setup for Ethereum’s monthly chart, saying that ETH’s rally “technically uneliminating” at $10,000.
When combined with RSI recovery from nearly 40 multi-year support zones, the setup adds additional weight to the five-digit price target.
ETH is set to outperform top crypto rivals
Ethereum’s bullish outlook is gaining momentum as analysts anticipate an Altcoin season in the coming months.
For example, Chartist Mister Crypto argues that Altcoins like ETH could rise 40% in one day in capital rotation from Bitcoin.
The Altcoin Season Index, which emerged from a downward trend just below the 29th level, shows a potential shift away from Bitcoin domination. While still in the “bitcoin season” territory (less than 25), breakouts suggest that altcoins like ETH may start to outperform quickly.
Additionally, Solana, Ethereum’s top blockchain rival, has drawn a rising wedge pattern against ether, increasing the likelihood of a decline in the coming weeks.
Related: Solana lacks “persuasive signs” to compensate for Ethereum: sygnum
The same picture can be seen against XRP, suggesting that more capital could flow from rival altcoins towards Ethereum in the coming days or weeks.
Etheric symmetric triangles suggest over $10,000
As of May, the ether regains its multi-year symmetric triangle low trendline after a short breakdown in March, bouncing back the moving average (200-2W EMA, bluewave) support of the 200-2W index.
ETH rebound validates the continuous integration structure and confirms bullish rejection.
This setup was very similar to ETH’s past macro integrations, namely Bull Flags in 2016 and Falling Wedges in 2018-2020, both preceded the newest big breakouts of all time.
A breakout that outweighs current triangle integration could follow a similar trajectory and increase the chances of ETH reaching $10,000.
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
