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Ethereum Price Forecast by Analyst Crypto Pate

23 Sept 2024by CryptoJazz Admin1 min read1 views
Ethereum Price Forecast by Analyst Crypto Pate

πŸ”· Technical analyst Crypto Pate predicts that the price of Ethereum will rise to $6,000 in the first quarter of 2025.

πŸ”· According to the expert, the asset’s price will break through the nearest resistance zone around $3,800–4,400 and surpass its historical high of $4,869, reached in 2021. Afterward, the price will briefly exceed the upper boundary of the resistance at $6,000, correct to $4,400, and then begin to rise again, reaching $8,000–10,000.

πŸ”· Crypto Pate advised buying Ethereum at no more than $2,500. Given that the cryptocurrency’s price is fluctuating within a narrowing triangle, it is expected to drop to around $2,200, providing traders with an opportunity to purchase coins at a relatively low price before a pump.

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