


Financial analysts are increasing their long-term price predictions for Ethereum to levels as high as 10,000 dollars. Among the forecasts, there is also a target of reaching 13,500 dollars by 2029.
On-chain analytics company Santiment noted that larger wallets (holding 100–10,000 Ethereum) have started buying back. This movement is characterized as a sign of increasing confidence among investors.
However, it should be noted that the projections are long-term and will not happen instantly. Ethereum needs to overcome significant resistance levels first. Once this stage is completed, it may gain momentum and the price could rise.
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