Ethereum (ETH) continues to show promising prospects in the crypto market. Currently, the price of ETH is at $3,218.67 USD, with intraday movements reaching a high of $3,275.56 USD and a low of $3,216.28 USD.
Analysts predict that the price of Ethereum could reach between $5,000 and $6,200 by early 2025, driven by strong bullish momentum and positive technical indicators.
In addition, the launch of the Ethereum ETF is predicted to attract significant funds, which could push the price of ETH to IDR 106.4 million this year.
Network upgrades such as sharding are also expected to increase the efficiency and scalability of Ethereum, potentially pushing the price beyond $4,000 in 2024.
With these positive factors, Ethereum is in a strong position for significant growth in the near future.
