After the last fluctuation in the crypto market, recovery signals began to be seen. Ethereum, one of the leading digital assets $2,742.7In the light of past data, it has the potential to increase the price. This positive course of the market attracts the attention of investors.
Ethereum’s price targets
Traderpa, one of the market followers, said that the price of Ethereum could reach approximately 7,500 dollars by increasing three times in 2025. Similarly, Mister Crypto predicts that there will be a big leap in Ethereum. Trader Ted pointed out that the price of Ethereum as a long -term target can reach 5,000, 7,000 or even 10,000 dollars.
Market movements
Bitcoin $97,393.9 The price is currently traded around $ 97,500. However, Ethereum is in the short term. Decreases of 0.75 percent per day and 20.62 percent per week are observed, while both assets have gained acceleration.
Another expert analysis says Ethereum performed strongly in the first quarter, especially during the bull market periods. The following statement includes Crypto Rover’s views:
Crypto Rover said: “Ethereum value is low. In a bull market in a bull market, Q1 usually rises strongly. Failure to make more purchases from these levels may lead to regret. ”
Effect of Large Investments
One of the important reasons for the potential increase in Ethereum price is large -scale purchases. Asset executives such as Blackrock have turned to about $ 280 million Ethereum investment products, while Fidelity and some special projects have made millions of dollars of investments. These developments can contribute to the increase in confidence in the market.
In the past, the increases recorded from small price levels are presented as sample data. The price of Ethereum, which was $ 7 in January 2017, rose to $ 56 in March. Similarly, in the first quarter of 2021, an exit from $ 560 to $ 2,100 was observed.
In the light of market dynamics, past success examples and movements of major investors, Ethereum is expected to capture a rise trend in the coming period. While investors try to evaluate the potential increase put forward by various analyzes, it takes into account the risk and earnings factors.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.