Analysts: Ethereum will soon reach $4,000!
In a turbulent week, Ethereum dropped 6.6 percent, reaching the $3,100 mark. However, the launch of cash ETFs couldn’t dampen analysts’ optimism. They still believe in a bright future for this popular digital currency.
Key indicators and technical patterns tell an exciting story: Ethereum is preparing for a stunning jump! Analysts confidently predict that the price of this digital currency will exceed $4,000.
Ethereum is now going through a critical phase. In a corrective phase, this digital currency challenges important Fibonacci levels and the 200-day moving average. This tough test could pave the way for a powerful ascent.
Despite some capital outflows from ETFs, experts still view the fundamental outlook for this currency as positive. They believe that if Ethereum breaks through the $3,200 barrier, it will clear the path to reach new peaks.
The next target? Analysts excitedly talk about impressive numbers: $4,000, $4,500, and even $4,900! Will ETF realize this big dream? Time will soon reveal the answer to this question.
