{"id":163722,"date":"2026-05-11T10:30:54","date_gmt":"2026-05-11T10:30:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=163722"},"modified":"2026-05-11T10:30:54","modified_gmt":"2026-05-11T10:30:54","slug":"ethereum-analyst-sets-24000-full-parabolic-target-heres-the-roadmap","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=163722","title":{"rendered":"Ethereum Analyst Sets $24,000 Full Parabolic Target, Here\u2019s The Roadmap"},"content":{"rendered":"

A crypto analyst has just predicted multiple bullish price targets for Ethereum (ETH), but expecting a major dip to critical support levels<\/a> first before a sharp rally toward $6,000. From there, he outlines a roadmap to much higher targets, with $24,000 set as the ultimate parabolic zone. The analyst has based his bullish projections on the likelihood that Ethereum can break out of a crucial multi-year channel and advance with strong momentum.\u00a0<\/p>\n

Analyst Forecasts Ethereum Price Target Of $1,700 To $6,000<\/h2>\n

Celal Kucuker, a crypto analyst on X, presented<\/a> a new bullish outlook for Ethereum on May 9, outlining a steady long-term roadmap to an ultimate target<\/a> above $24,000. Before this projected bullish run begins, the analyst predicts a potential drop to a price level he calls Ethereum\u2019s \u201cmega support zone.\u201d<\/p>\n

Kucuker has set this critical support at $1,760-$1,800, likely expecting ETH to decline to this level and form a strong enough base to set the stage for a potential new bull rally<\/a>. From this area, the analyst predicts that Ethereum could reverse sharply and potentially experience its first major breakout level around $4,800, about 3% away from reclaiming its all-time high above $4,900<\/a> in August 2025.<\/p>\n

The analyst has outlined these moves on his accompanying chart, showing price moving inside an ascending channel pattern that has been forming since 2020. After reaching $4,900, he predicts that the Ethereum price could break out<\/a> from the upper trendline of the channel and rise sharply toward $6,000, representing more than a 160% increase from Ethereum\u2019s current price of above $2,300.\u00a0<\/p>\n

Kucuker described this bullish target as a \u201cpsychological and technical transition zone.\u201d This means that the upper price target is an area where market sentiment for ETH<\/a> is expected to shift as chart-based barriers break. Usually, a psychological target is a magnet for market attention, similar to when Ethereum reached $2,000<\/a> or $4,000. It\u2019s an area that tends to attract sellers and buyers, creating high volume that could lead to a stronger push upward.\u00a0\u00a0<\/p>\n

$24,000 Set As Ultimate Parabolic Target<\/h2>\n

After reaching $6,000, Kucuker expects Ethereum to set its sights on the next bull target<\/a> around $13,000. He calls this upper range a \u201ccycle extension target,\u201d suggesting that Ethereum\u2019s projected bull market could last much longer and reach valuations driven by extreme momentum or price discovery phases.\u00a0<\/p>\n

The chart shows Ethereum consolidating around $6,000 for a while before shooting toward $13,000. Once this target is reached, the cryptocurrency is projected to experience a short-term correction back to the upper trendline again. After bottoming in this area, Kucuker predicts Ethereum could record an explosive price rally<\/a> toward $24,443. He called this price point a full parabolic target for ETH, marking the timeline of this area around 2028 on his chart.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

A crypto analyst has just predicted multiple bullish price targets for Ethereum (ETH), but expecting a major dip to critical support levels first before a sharp rally toward $6,000. From there, he outlines a roadmap to much higher targets, with $24,000 set as the ultimate parabolic zone. The analyst has based his bullish projections on […]<\/p>\n","protected":false},"author":0,"featured_media":163723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-163722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/163722"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=163722"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/163722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/163723"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=163722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=163722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=163722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}