{"id":43331,"date":"2026-05-11T10:30:54","date_gmt":"2026-05-11T10:30:54","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=43331"},"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:\/\/cryptomag.finance\/?p=43331","title":{"rendered":"Ethereum Analyst Sets $24,000 Full Parabolic Target, Here\u2019s The Roadmap"},"content":{"rendered":"<p>A crypto analyst has just predicted multiple bullish price targets for Ethereum (ETH), but expecting <a href=\"https:\/\/bitcoinist.com\/ethereum-price-headed-lower\/amp\/\" rel=\"nofollow\">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<h2>Analyst Forecasts Ethereum Price Target Of $1,700 To $6,000<\/h2>\n<p>Celal Kucuker, a crypto analyst on X, <a href=\"https:\/\/x.com\/celalkucuker\/status\/2053199376357502979?s=46\" rel=\"nofollow\">presented<\/a> a new bullish outlook for Ethereum on May 9, outlining a steady <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-roadmap-to-20000\/amp\/\">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<p>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 href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-to-10000-analystmust-clear-this-level\/amp\/\">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 <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-hidden-bull-divergence\/amp\/\">its all-time high above $4,900<\/a> in August 2025.<\/p>\n<p>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 <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-on-verge-of-breakout-2400\/amp\/\">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<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-medium wp-image-895521\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Ethereum.jpg?w=512&amp;resize=512%2C283\" alt=\"Ethereum\" width=\"512\" height=\"283\" loading=\"lazy\" \/><\/p>\n<p>Kucuker described this bullish target as a \u201cpsychological and technical transition zone.\u201d This means that the upper price target is an area where <a href=\"https:\/\/bitcoinist.com\/institutions-buying-bitcoin-but-selling-ethereum\/amp\/\" rel=\"nofollow\">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 <a href=\"https:\/\/bitcoinist.com\/whats-driving-bitcoin-and-ethereum-prices-and-why-investors-should-be-watchful\/amp\/\" rel=\"nofollow\">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<h2>$24,000 Set As Ultimate Parabolic Target<\/h2>\n<p>After reaching $6,000, Kucuker expects Ethereum to set its sights on <a href=\"https:\/\/bitcoinist.com\/ethereum-price-400-to-8000\/amp\/\" rel=\"nofollow\">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<p>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 <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-coiling-tight-2400\/amp\/\">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>\n<p><img decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/4KzqXihS\/\" alt=\"Ethereum price chart from Tradingview.com\" width=\"3280\" height=\"1878\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":43332,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[47],"tags":[],"class_list":{"0":"post-43331","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethereum Analyst Sets $24,000 Full Parabolic Target, Here\u2019s The Roadmap - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=43331\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Analyst Sets $24,000 Full Parabolic Target, Here\u2019s The Roadmap - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"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. 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