Price Prediction
ETH Could Be Setting Up for a Massive Catch-Up Rally
One analyst predicts that Ethereum (ETH) could see a significant price increase, with targets of $2,800, $3,600, and $4,500. The price has risen from $2,300 to $2,400 in the last 24 hours, showing a 3% increase over the previous day. However, the asset has been down by over 2% and 8% in the last 7 days and 30 days respectively. The analyst suggests that ETH needs to rise by over 50% from its current price to reach the previous ATH of $4,900, which was disappointing given the previous ATH of $4,800.