tldr; Despite a recent price decline, analysts remain optimistic about Ethereum’s future, predicting it could reach $5,000 by the end of 2024. This optimism is based on strong support at $3,500, low RSI, increased self-custody movements, and significant purchases by whales. Key metrics and market movements suggest a potential rally for ETH, with some industry participants expecting a new all-time high before the end of 2024.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
marcz_z on
Oh faark off, what’s the point in posting these useless articles?
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tldr; Despite a recent price decline, analysts remain optimistic about Ethereum’s future, predicting it could reach $5,000 by the end of 2024. This optimism is based on strong support at $3,500, low RSI, increased self-custody movements, and significant purchases by whales. Key metrics and market movements suggest a potential rally for ETH, with some industry participants expecting a new all-time high before the end of 2024.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Oh faark off, what’s the point in posting these useless articles?