A company that is changing the way the world mines bitcoin

CoinGape 2025-01-30 22:33:21

Ethereum Price Prediction: Here’s When ETH Will Hit $10,000

Crypto analyst Ted has given his Ethereum price prediction, revealing when ETH will rally to as high as $10,000. This provides a bullish outlook for the second-largest crypto, which has underperformed for a while now. Ethereum Price Prediction: When ETH Will Hit $10,000 In an X post , Ted revealed that the Ethereum price will hit $10,000 within three to four months. This came as the analyst noted that ETH was forming higher lows in the longer timeframe. In line with this, he remarked that $4,000 remains the most crucial level, as reclaiming this level will send ETH to a new all-time high (ATH). Once that happens, the crypto opined that the crypto could hit $9,000 to $10,000 within three to four months. Ted also alluded to the fact that Donald Trump’s World Liberty Financial has been buying ETH, stating they will continue to buy more. CoinGape reported that World Liberty Financial bought $71.5 million worth of ETH following Trump’s inauguration. Since then, the DeFi project has continued to accumulate more ETH, which is bullish for crypto. Meanwhile, in a more recent X post, Ted mentioned that the Ethereum price has entered its short-term expansion phase. He remarked that he sees ETH rallying above $4,000 in the coming days before any correction. The analyst further opined that the crypto will hit $4,500 in February, and then a new ATH by March is likely, especially if Trump keeps buying Ethereum. Possibility Of ETH Still Dropping To As Low As $2,100 Crypto analyst Ali Martinez raised the possibility of the Ethereum price dropping to as low as $2,100. In an X post, he stated that Ethereum’s market value to realized value (MVRV) has dropped below the 160-day moving average again. He further revealed that the last time this happened was on June 23 last year, which led to a 40% price correction, with ETH dropping from $3,500 to $2,100. That range is crucial, as the crypto analyst revealed in another post that the key support zone for the Ethereum price lies between $2,230 and $2,610, where 11.99 million wallets accumulated 62.27 million ETH. Crypto analyst Egrag Crypto also provided a bearish outlook for Ethereum, as he predicted that the XRP will flip ETH in this cycle to become the second largest crypto by market cap. According to him, money will no longer flow from BTC to ETH but from BTC to XRP, before then flowing to other major caps. The post Ethereum Price Prediction: Here’s When ETH Will Hit $10,000 appeared first on CoinGape .

Наиболее читаемые новости

Crypto prices on Jan 31: BTC resilient at $10...
2025-01-31
Bitwise’s Spot Bitcoin ETF Approval Suggests...
2025-01-31
XRP’s 500% Rally Is Nothing Compared to THE O...
2025-01-31
Tether Expands USDT to Bitcoin via Lightning...
2025-01-31
Pi Coin Grace Period Extended to February 28,...
2025-01-31
Bitwise Bitcoin and Ethereum ETF Gains SEC Ap...
2025-01-31
Solana’s Teleport Ridesharing App Shuts Down...
2025-01-31
SEC Fast-Tracks Bitwise's Bitcoin-Ethereum ET...
2025-01-31

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения