Ethereum (ETH) – Mid-Term & Long-Term Outlook
Current Price: $5,250
Market Cap: $630B
24h Change: +1.2%CoinLore+1Coin Culture+1
Mid-Term Prediction (Next 3-6 Months)
Ethereum is showing strong momentum, breaking past the $5,000 resistance. With the upcoming Proto-Danksharding upgrade, scalability is expected to improve, potentially attracting more DeFi projects.
Long-Term Prediction (6-12 Months)
As Ethereum continues to evolve, it could reach the $6,500 mark, especially if Layer 2 solutions gain more traction. However, competition from other smart contract platforms remains a factor to watch.
Key Technical Indicators
RSI: At 65, suggesting bullish sentiment.
MACD: Positive divergence, indicating upward momentum.
Support Levels: $4,800, $4,500
Resistance Levels: $5,500, $6,000
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