Good afternoon, from Chile, according to the news about the ETH/USD cryptocurrency forecast today: Is Ethereum a long-term investment?...
The current situation Ethereum (ETH) is in its lateral phase, showing little movement during the mentioned trading session. The analyst suggests that it might be trying to find a floor, noting that Bitcoin shows some stability.
Regarding the long-term outlook, despite the lack of current movement, it indicates that Ethereum could be a viable long-term investment with the possibility that in one or two years the price of Ethereum could reach $4000 again. It is also important to take into account the risk of cryptocurrency market volatility, indicating that the price of ETH could fall to $1200. What do you think?...