ETH Price Could Reach Over $5,400 According to Analysts
In accordance with a technical value indicator known as the Mayer a number of oscillator, the value of Ethereum (ETH) may probably exceed $5,400 in 2024.
At present, Ether is buying and selling at $3,460, roughly 29% under its all-time excessive of $4,891 reached in November 2021. Nevertheless, over 62% of market individuals count on Ether to succeed in its earlier all-time excessive this yr, based on predictions by polymarket.
Bitfinex analysts additionally predict that the ETH/BTC ratio may attain the highs of the 2021 bull market. Primarily based on the added worth from the Dencun improve, they estimate a possible worth of round $5,900 for Ether, contemplating the present BTC market value.
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