Ether Prices Expected to Soar Past All-Time Highs
According to TradingView user lunarsyndicate92, Ether (ETH) is expected to make a significant move upwards in the next year. The prediction is based on an analysis of the CRYPTOCAP:ETH futures contract for August 2026.
The chart shows a completed simple zigzag correction, with a textbook pattern of 5-3-5. This suggests that the current downtrend may be coming to an end.
If lunarsyndicate92's analysis is correct, Ether will break through all-time highs and enter price expansion territory. The user projects an average target of $42k for this run, but notes that even this remains a relatively low target.