ETH Price May Surge More Than 25%!

[AdamG]

Ethereum Price showed a strong performance during times of bearish and crash market conditions and maintained $1000 as a support level. Therefore, it was thought that the price would soon re-initiate a significant upward trend. It is expected to be able to surpass $1600 within the next few months.



How Much Will It Go? Ethereum (ETH) Prices rise?

The number of active traders on the market has risen dramatically, indicating increasing demand for buying and selling that will result in an explosive price rise, as it has done before.

In addition the Ethereum Whale activity surpassed new heights and was the 5th highest in 2022. The number of transactions has been increasing since the FTX failure this month, where as other coins where effected by FTX fall very badly. In light of the data and ETH price analysis from Coinpedia and the current market conditions Ethereum's price could gain another over 30% and rise to close to $1700 within the next few days.

 

[Pam]

Ethereum continues to hold its crown of the largest altcoin. After Bitcoin Ethereum has the highest value in todays market. Market conditions are very volatile now thanks all to the news like cypto bankruptcy of FTX and BlockFi.

Today on 1 Dec the price of ETH is 1285.68 so keeping the crypto winter in mind, experts like Coinpedia as you mentioned above have also done a EThereum Price Prediction and wrote the maximum price can be as high as $1417.7103 and lowest value would be for the year at $1162.5165.

 

[roseberry]

While the Ethereum price skyrocketed up to $1160, it kept going and surged past, $1250, and is likely to reach $1700 soon

 

[Suba]

After Ethererum has gone through a full merger, many expert observers, investors and Ether lovers predict that the potential for Ethereum price growth will soon surge, even many experts predict the price of Eth will reach $ 2500 in early 2023.
The logical reason for the Eth price to spike is that higher low swing and higher high swing structures have been formed in their technical analysis.

From a macroeconomic point of view, currently many countries are still being hit by inflation turmoil so that the global recovery will be slow and the bearish trend in crypto will continue.
Although during November 2022 the crypto market tried to revive due to the falling US dollar index.

Many observers and investors ignore fundamental analysis, which actually still looks sluggish this year and early 2023, due to fears that the inflation rate will soar and a global recession will occur.

The current price of Ethereum is $1,265.60 and according to my prediction using the Trendline method that the price of Ether in mid-December this year will drop to around 1,145.00

 

[ImamShaheb]

It's literally melting faces!