Main notes
- The co -founder of Bitmex, Arthur Hayes, claims that Ethereum will soon reach $ 5,000.
- Crypto Cryptoelites analysts that ETH will touch the price of $ 10,000.
- The Financial Times report claimed that ETH lost most of its value due to third -party protocols.
ETHEREUM (ETH), the second largest encrypted currency depending on the market value, is still a hot topic in the world of encryption where analysts make bold predictions and market conditions fluctuate quickly.
Meanwhile, ETH remains one of the most poor performance in the market, as it decreased by approximately 40 % in the past year, as confirmed by Coinmarketca data.
Arthur Hayes Prediction ethereum
Arthur Hayes, co -founder of Crypto Exchange Bitmex recently to social media, claiming that Ethereum would reach the highest new level ever at $ 5,000 before Solana reached $ 300.
Looking at the current fluctuations of the encryption market, this statement sparked discussions between investors and analysts alike.
The increase in the number of bitcoin to nearly $ 89,000 in the past 24 hours, is already the way for the ups in the market, and Hayes predicted has increased the discussions about the next step for Ethereum.
Cryotation analyst: “Ethereum is heading to $ 10,000”
In addition to increased optimism, market analyst Cryptoelites suggested that Ethereum could reach $ 10,000.
The technical analysis of Ethereum's work reveals the prices of the cryptocurrency currently sitting in a major retreat area, which hints of a possible outbreak.
The chart of Cryptoelites Ethereum, which forms a similar triangular style, shows the main resistance levels several times.
The recent decline indicates a strong support line, which means that the collapse above resistance can lead to an equivalent transmission to its highest new levels.
If Ethereum erupted successfully, this may quickly rise to $ 5,000 and eventually target the ambitious teacher of $ 10,000.
The middle age crisis from Ethereum
Despite these optimistic expectations, Etherum has faced great obstacles in recent months. Report from The Vinanchel Times times draw a different pictureDescribing the current state of Ethereum as a “middle age crisis”.
Over the past three months, ETH has decreased by 40 %, as the performance of other major cryptocurrencies like Bitcoin, Solana and Cardano.
One of the main concerns of Ethereum is the competing Blockchains appearance, especially Solana, which has gained strength in currency trading and decentralized financing (Defi).
Solana $ 721 million of Meme Coin trading fees in the past six months – matching ETHEREUM of $ 824 million.
Many merchants and investors have turned their attention away from Ethereum, and she wondering whether she can maintain her hegemony.
It is important to note that the head of the digital asset research in the leading financial institution in the digital institution, Jeff Kendrick, told Financial Times that Ethereum “gathered himself” by giving up the value of third -party networks.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.
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