$ETH Expected Ethereum bullishness:
New record high potential by 2025...
Ethereum, the second largest digital cryptocurrency, is currently slowly regaining its strength, stabilizing at around $2,500.
Experts predict that a major boom is expected in the coming years that could take it to new record highs,
Crypto expert and trader Batman has described Ethereum’s current position as extremely important, from where a powerful rally could begin,
Batman
According to Ethereum's four-hour chart, the cryptocurrency has been stuck in a narrow range for a long time, which usually signals the beginning of major moves.
If Ethereum breaks through the $4,000 price mark, a rapid and sustained rise is expected to follow, leading to new highs.
The expert also says that the price of Ethereum could reach between $6,000 and $8,000 this year, which would be a new record for it,
Additionally, Batman has identified a “golden cross” formation in Ethereum’s stochastic on the 12-hour chart, which is a technical indicator that the market may be changing from a bearish trend to a bullish trend,
This change usually indicates local thriftiness, which could be a precursor to a larger rally.
On the other hand, technical expert Daan Crypto Trades has also described Ethereum’s current price range as a key zone from which a major move is likely to occur,
According to him, when this range is broken, there will be a large and rapid change in price, which will determine the direction of the long-term trend,
Overall, these analyses indicate that Ethereum could soon begin a major rally, which would take it to new highs and provide a significant opportunity for investors....
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Sir, this post is not financial advice. If you want to invest in the crypto market, do your research first and then make a purchase. 😊
