NEWSLETTER
Key notes
- The Bitmex co -founder, Arthur Hayes, says ethereum will soon reach $ 5,000.
- crypto Analyst Cryptoelitas states that eth will touch the price of $ 10,000.
- A Financial Times report said eth has lost most of its value due to third -party protocols.
ethereum (eth), the second largest cryptocurrency for market capitalization, remains a hot topic in the cryptographic world as analysts make bold predictions and market conditions fluctuate quickly.
Meanwhile, eth remains one of the most important digital assets in the market, which falls almost 40% in the last year, confirms Coinmarketcap data.
<h2 class="wp-block-heading" id="h-arthur-hayes-bold-ethereum-prediction”>Arthur Hayes ethereum Prediction
crypto Exchange Bitmex co -founder, Arthur Hayes, recently went to social networks, claiming that ethereum will reach a new historical maximum of $ 5,000 before Solana reaches $ 300.
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Given the current volatility of the cryptographic market, this statement has lit debates between investors and analysts equally.
The bitcoin increase to almost $ 89,000 in the last 24 hours has already prepared the stage for bullish expectations in the market, and Hayes's prediction has further intensified discussions about the next ethereum movement.
<h2 class="wp-block-heading" id="h-analyst-cryptoelites-ethereum-is-headed-for-10-000″>Cryptoelitas analyst: “ethereum is directed for $ 10,000″
In addition to the growing optimism, the cryptoelites of the market analyst have suggested that ethereum could reach the amazing $ 10,000.
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A technical analysis of ethereum's price action reveals that cryptocurrency is currently in an important immersion zone, hinting at a possible break.
The table provided by cryptoelites shows that ethereum forms a symmetrical triangle pattern, with key resistance levels that are tested several times.
The recent fall to the lower trend line suggests strong support, which means that a break over resistance could trigger a parabolic movement to new maximums.
If ethereum breaks successfully, it could quickly rise to $ 5,000 and eventually point to the ambitious milestone of $ 10,000.
<h2 class="wp-block-heading" id="h-midlife-crisis-of-ethereum“>ethereum median age crisis
Despite these optimistic projections, ethereum has faced considerable obstacles in recent months. A report of Financial Times paints a different imagedescribing the current state of ethereum as a “middle -aged crisis.”
In the last three months, eth has collapsed by 40%, without having a lower performance than other important cryptocurrencies such as bitcoin, Solana and Cardano.
An important concern for ethereum is the increase in competitive block chains, particularly Solana, which has won traction in meme currencies and decentralized finance applications (Defi).
Solana has generated $ 721 million in negotiation fees for meme coins in the last six months, almost coinciding with the $ 824 million ethereum.
Many merchants and investors have removed their attention from ethereum, questioning whether you can maintain their domain.
It is important to keep in mind that the leader of digital assets of the leader financial institution, Geoff Kendrick, told Financial Times that ethereum has “marketed” by granting value to third party networks.
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Discharge of responsibility: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to offer precise and timely information, but should not be taken as financial or investment advice. Since market conditions can change quickly, we recommend that you verify the information on your own and consult a professional before making any decision based on this content.
A cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the cryptographic and financial world, collecting experience and experience in space after surviving the markets of bears and bulls over the years. Parth is also the author of 4 self -edited books.
