Ethereum has been lagging behind Bitcoin and Solana this year, but experts believe that it is set for a strong recovery. Ethereum price prediction by prominent crypto expert Ali Martinez suggests that it could reach $10,000, and this would be very good news for Ethereum meme coins like Mog Coin, Moo Deng and Crypto All-Stars.
Ethereum’s price has been following the S&P 500’s fractal, which could mean that it is due for a parabolic rally to $10,000 if the trend continues. There are a number of bullish factors for Ethereum, including the possibility of a Donald Trump victory, the US Federal Reserve’s quantitative easing, and Bitcoin Dominance’s expected decline.
Ethereum still needs to clear key resistance levels, however, before it can reach $10,000.