Ethereum Eyes Breakout: 10x Growth Still on the Table, Says Co-Founder Lubin

Ethereum, the world’s second-largest cryptocurrency, may be gearing up for a monumental price surge—possibly up to 10x—according to its co-founder, Joseph Lubin. As crypto markets recover and institutional interest builds, Lubin’s bold projection is drawing renewed attention to ETH’s long-term upside. In this article, we examine Ethereum’s current price movement, the potential for a breakout, and why Lubin remains firmly bullish. Ethereum Holds Ground Ahead of Key Breakout Levels Source: tradingview Despite recent price consolidation, Ethereum is showing signs of resilience and remains a key contender for future growth. Currently trading between $2,367 and $2,804, ETH is navigating a crucial support and resistance zone. While bears have dominated in recent months—with a six-month decline of around 27%—market dynamics could shift quickly. The $3,060 resistance level stands as a pivotal threshold; breaking above it may unlock a rally toward $3,500, representing a 20% gain. More importantly, co-founder Joseph Lubin believes this is just the beginning. His forecast of a 10x increase suggests long-term fundamentals and adoption trends far outweigh short-term volatility. As Ethereum continues to power DeFi, NFTs, and enterprise blockchain solutions, it remains uniquely positioned to lead the next crypto cycle. Conclusion Ethereum’s current price action may appear cautious, but industry insiders like Joseph Lubin see massive potential ahead. A breakout above key resistance levels could ignite a fresh wave of bullish momentum, setting the stage for long-term growth. For investors and builders alike, Ethereum remains a cornerstone of the crypto ecosystem—and if Lubin is right, the best may be yet to come. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Bitzo