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

Hashtags:

#Ethereum #SmartContracts #BinanceSquare #Write2Earn