Ethereum Price Prediction: ETH To Reach $500,000?

In the latest Ethereum (ETH) news, A 10-year projection revealed an Ethereum price prediction of $500,000 by the year 2030.

Meanwhile, a leading analyst revealed that the largest altcoin managed to break a major price wall, setting up the price for a potential rally by 1000% by 2026.

Ethereum Price Prediction: ETH Setup Reveals 10-year Plan To $500,000

According to an analyst on X, ETH will rally as high as $500,000 over a 10-year period. That’s thanks to a detailed Elliott Wave structure that suggests a strong long-term uptrend in its early stages.

Despite market noise and cyclical corrections, Ethereum’s price pattern continues to follow a disciplined, almost rhythmic structure that signals far greater heights ahead.

The chart outlines Ethereum’s journey from its 2016 lows through successive impulsive and corrective phases.

Each rally has unfolded in five distinct waves, followed by a measured three-wave correction — a hallmark of sustained bull markets.

The first major impulse took ETH to its 2018 peak, while the second, culminating in 2021, carried it to nearly $4,800.

That high completed another five-wave sequence, paving the way for the extended correction that followed.

Now, as Ethereum consolidates within its rising long-term channel, the groundwork appears to be set for the next explosive advance through the early stages of Wave 3 within a much larger Wave III cycle.

Historically, Wave 3 phases are the most dynamic and powerful in Elliott Wave theory. They often deliver exponential gains as confidence returns and institutional demand deepens.

As per the model’s projections, Ethereum price could reach $30,000 within the next two to three years. That’s before continuing upwards to the longer-term $500,000 projection by 2030.

In many ways, this setup mirrors Bitcoin’s trajectory leading into 2020. The market underwent a gradual accumulation before an explosive breakout that caught most of the market off guard.

Meanwhile, Ethereum’s current position may be setting the stage for a similar move defined by momentum, conviction, and long-term structural integrity.

However, the  price must first break out of the $8,000 zone in the coming quarters to  mark the true confirmation of this next major wave. This will eventually unlock the door to a parabolic to $30,000 – $100,000 says analyst Sheng.

Ethereum Price Breaches The Final Wall Before Parabolic Rally

According to analyst Jake Wujastyk, Ethereum’s current market structure is tracing an almost perfect reflection of its 2020 price behavior. The similarities are, as he put it, “absolutely nuts.”

The chart analyzes the bull cycle that happened between March 2020–November 2020. It also looks at the setup unfolding from March 2025 onward.

Ethereum had just emerged from a deep bear market in early 2020 before it bottomed out in March and started building momentum through March and onwards.

In the fourth quarter, the price exploded higher to produce a staggering 1,072% rally.

Each phase of that structure, the accumulation low, the retest, and the vertical breakout, unfolded in near-perfect order.

The projection box on Wujastyk’s chart points toward a potential 1,000%+ increase, targeting significantly higher valuations into 2026.

The alignment of cycle timing, structural symmetry, and investor sentiment all strengthen the case that ETH may be entering the early stages of a new macro uptrend.