{"id":865565,"date":"2025-08-15T21:26:32","date_gmt":"2025-08-16T02:26:32","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/15\/ethereum-price-could-rally-to-10000-if-this-major-resistance-is-broke\/"},"modified":"2025-08-15T21:26:32","modified_gmt":"2025-08-16T02:26:32","slug":"ethereum-price-could-rally-to-10000-if-this-major-resistance-is-broke","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/15\/ethereum-price-could-rally-to-10000-if-this-major-resistance-is-broke\/","title":{"rendered":"Ethereum Price Could Rally To $10,000 If This Major Resistance Is Broke"},"content":{"rendered":"

Bitcoins <\/p>\n

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Ethereum\u2019s price action this week has been very notable, with the leading altcoin breaking above $2,800 again for the first time in four months. Ethereum <\/span>managed to break above<\/span><\/a> the $2,800 mark for the first time since February, briefly touching $2,870 before pulling back slightly.\u00a0<\/span><\/p>\n

Two separate analyses by crypto strategist Crypto Patel on the social media platform X suggests Ethereum is now on the right track. The first, based on an 8-hour chart, highlights a rally toward $4,000. The second, using a long-term two-week timeframe, outlines a bullish setup that could send Ethereum soaring to $10,000 and beyond.<\/span><\/p>\n

Bitcoins Ethereum\u2019s Breakout From Sideways Consolidation Zone<\/h2>\n

In a <\/span>recent analysis shared on X<\/span><\/a>, a crypto analyst known as Crypto Patel highlighted Ethereum\u2019s attempt to <\/span>break out of its established range.<\/span><\/a> Using the 8-hour candlestick chart, he pointed out how the Ethereum had spent many weeks since early May trading between clear support at $2,366 and resistance around $2,734. The breakout seen on the chart occurred just above this resistance zone, when Ethereum briefly pushed past $2,800 before facing some rejection.<\/span><\/p>\n

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Source: Crypto Patel on X<\/a><\/figcaption><\/figure>\n

If this breakout holds above $2,800, Ethereum could initiate a steep upward rally <\/span>toward the $3,500 to $4,000 region<\/span><\/a> in the coming weeks. Crypto Patel noted the importance of watching whether Ethereum sustains above the $2,750 breakout line, as a successful confirmation could trigger an influx of bullish momentum.<\/span><\/p>\n

Bitcoins Ethereum\u2019s To $10,000 In The Long-Term<\/h2>\n

In <\/span>a follow-up post<\/span><\/a> analyzing a much larger timeframe, Crypto Patel shared a two-week candlestick chart that mapped Ethereum\u2019s longer-term structure since 2018. The chart revealed a well-defined bullish setup, including a bounce from a key bullish order block around $1,400 in April. This bounce acted 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

Patel pointed out that Ethereum is now showing signs of a long-term bullish continuation pattern. With support levels already locked in for the next bear market, the analyst <\/span>projected a target above <\/span><\/a>$10,000, citing a 438% upside potential from current price levels. The chart also marks $2,500 as a structural pivot point, with Ethereum\u2019s ongoing upward trajectory expected to strengthen if this support level continues to hold.<\/span><\/p>\n

Therefore, the path to $10,000 will depend on Ethereum\u2019s ability to turn its recent resistance break into sustained momentum. The $2,800 region must now serve as a support base<\/span> rather than a resistance ceiling<\/span><\/a>. However, this has failed to really materialize in the past 24 hours, as Ethereum is currently down by a massive 9.6%.\u00a0<\/span><\/p>\n

The ensuing price action has seen the leading altcoin now back trading within this consolidation range. Failure to hold above $2,500 could cascade to more losses over the weekend until it closes on $2,366 again and probably <\/span>initiate another bounce from here.<\/span><\/a><\/p>\n

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ETH trading at $2,528 on the 1D chart | Source: ETHUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

Featured image from Getty Images, chart from Tradingview.com<\/p>\n<\/p><\/div>\n

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Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.<\/p>\n

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Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.<\/p>\n

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.<\/p>\n

Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.<\/p>\n

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
\nIn his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.<\/p>\n

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.<\/p>\n

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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Scott Matherson Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies<\/p>\n","protected":false},"author":1,"featured_media":865566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25740,4759],"tags":[11476],"class_list":["post-865565","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","category-price","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/865565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=865565"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/865565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/865566"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=865565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=865565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=865565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}