Ethereum Price Chart, Market Cap, Index and News

Ethereum Price Chart, Market Cap, Index and News

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Source: uk.investing.com


Ethereum Could Soon Burst Past $400: This Eerie Fractal Shows Why

Ethereum Could Soon Burst Past $400: This Eerie Fractal Shows Why

ethereum price

Ethereum is preparing for another massive breakout, according to a fractal analysis by a cryptocurrency trader. This comes after ETH underwent a strong drop on Friday, responding to a drop in the value of gold and U.S. equities.

One trader shared the chart below on August 8th, indicating that Ethereum’s recent price action looks like a consolidation pattern in May 2019. The consolidation was followed by a “massive pump” in 2019, suggesting ETH will do the same.

“I don’t know why not all of CT is talking about this ridiculously similar looking fractal. Spoiler: this chop led to another massive pump in 2019.”

Image

Chart of ETH's price action with a fractal analysis by trader Byzantine General (@Byzgeneral on Twitter). Chart from TradingView.com

This isn’t the only bullish Ethereum price fractal that has recently been shared.

As reported by NewsBTC previously, a fractal analysis by a trader found that Ethereum’s macro price action looks similar to BTC’s price action from the 2014 highs to the beginning of the 2016-2017 bull run. This analysis suggests that ETH will rally past $1,000 in the middle of 2021.

Image

Fractal analysis of ETH's macro price action by trader "The Crypto Wolf," who called recent price action. Chart from TradingView.com

Ethereum’s fundamentals are also strong, supporting a move to the upside.

Blockchain data firm IntoTheBlock reported on August 7th that the number of daily ETH transactions is reaching highs not seen since the January 2018 all-time high:

“As can be seen in the graph above, the number of transactions has been on a consistent uptrend throughout 2020. On July 27, the number of transactions on the #Ethereum network reached a level not seen since January 3rd of 2018.”

Ethereum transactions

Chart of ETH’s daily transaction count with price overlay from IntoTheBlock. Current as of Aug. 7.

IntoTheBlock also indicated that Ethereum has other bullish data, including an increase in total addresses and order book data suggesting there are  many buyers of ETH at the moment.

Nick Chong

Source: www.newsbtc.com

Author: Nick Chong


Coinbase delays Ethereum Classic transactions after two 51% attacks

Coinbase delays Ethereum Classic transactions after two 51% attacks

Coinbase will delay all Ethereum Classic (ETC) transactions after the network suffered two 51% attacks last week, with hackers stealing millions in ETC.

The San Francisco-based exchange said on a tweet the confirmation time for ETC sent to Coinbase and Coinbase Pro is now set at 2 weeks after the recent network attacks. It added they were monitoring the situation.

Given the recent network attacks on Ethereum Classic, we have increased the confirmation time for ETC sent to Coinbase & Coinbase Pro to ~2 weeks. We are actively monitoring the situation and will provide updates as they become available.

— Coinbase Support (@CoinbaseSupport) August 8, 2020

The decision came after hacker/s stole over $5 million worth of Ethereum Classic — spread over two attacks — by gaining control over the majority of the network and performing a block reorg.

In light of recent network attacks, it’s recommended that all exchanges, mining pools, and other ETC service providers significantly raise confirmation times on all deposits and incoming transactions. @okex @binance @HuobiGlobal @hitbtc @coinbase @digifinex @etherchain_org

— Ethereum Classic (@eth_classic) August 6, 2020

According to an investigation by on-chain firm Bitquery this week, Ethereum Classic’s second 51% attack on Thursday saw hackers reorganize over 4,236 blocks (worth $3.3 million) and successfully double-spend $1.68 million worth of ETC.

What future awaits cryptocurrencies?
GOODBAD

How attacker stole 807,260 ETC ($5.6 million) during the 31st July Ethereum Classic ($ETC) 51% attack

Read our Full investigation 👇#ETC #Ethreumclassic #crypto #bitcoin $BTC $ETH #ethereumhttps://t.co/g98XdOHvw5

— Bitquery.io ( Bloxy ) (@Bitquery_io) August 5, 2020

The attacker pocketed an additional 14,200 ETC via block rewards during the event. The hashpower required for the attack was obtained from Nicehash DaggerHashimoto — the same as the first attack — said Bitquery.

Thursday’s event followed an earlier attack on August 1, which was thought to be a software error at the time. The report estimates the hacker reaped more than a 2,800% return for his efforts, having spent roughly 17.5 Bitcoin (BTC) worth $192,000 on renting hash power from Nicehash to execute the attack.

Meanwhile, Bitquery stated the attack took between July 31 and August 1, but remained detected for “several days as a result of intricate planning and knowledge of the Ethereum Classic protocol.”

The report stated:

“The hacker began the attack by transferring ETC from an exchange wallet under its control, and then back again.”

Ethereum Classic Labs, the core development organization behind Ethereum Classic, said Friday it engaged law firm Kobre & Kim to investigate and pursue strict criminal charges against the attackers behind the 51% attacks, according to a press release.

It said over eleven malicious transactions originated from a single address inserted into the Ethereum Classic blockchain over the attack, allowing more than 807,000 ETC to be double-spent.

Bitquery added the attackers’ addresses may be hosted on either OKEx or one of the exchange’s affiliated companies. This has not been confirmed by the exchange.

Meanwhile, Ethereum Class Labs said organizations can utilize several measures to prevent further disruption to the network:

While core developers, stakeholders, and contributors continue to monitor the network and investigate recent attacks we ask:
• Exchanges significantly increase confirmation times
• Use only Core #Geth by @etc_core or @Hyperledger Besu node clients
• Miners keep on mining! ⛏️

— Ethereum Classic (@eth_classic) August 7, 2020

Investigations are ongoing.

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Source: cryptoslate.com

Author: Shaurya Malwa ·


Following Today's Action Will ETH Finally Close Above $400? (Ethereum Price Analysis)

Following Today’s Action Will ETH Finally Close Above $400? (Ethereum Price Analysis)

  • Ethereum saw a 3.4% price rise today as it hit the $389 level.
  • The cryptocurrency had reached as high as $408 earlier in the week and went on to drop into the $380 support.
  • Against Bitcoin, Ethereum fell lower from the 0.035 BTC resistance but found strong support at 0.0326 BTC.

Key Support Levels: $370, $350, $321.
Key Resistance Levels: $400, $408, $420.

Ethereum has seen a strong 8% price increase over the past seven days of trading, which allowed it to reach as high as $408 (1.618 Fib Extension) earlier in the week. Since then, ETH has rolled over and dropped into the support at $380, where it rebounded today.

The bulls have now set their targets to break $400 again to push higher. The last time that Etheruem managed to close above $400 was during August of 2018 – exactly two years ago.

Looking ahead, the first level of resistance is expected at $400. This is immediately followed by resistance at $408 (1.618 Fib Extension). If the buyers can continue to drive Ethereum higher, the following targets are expected at $420, $445, and $463.

On the other side, the first level of strong support is expected at $370 (.236 Fib Retracement). This is followed by support at $343 (.382 Fib Retracement), $321 (.5 FIb Retracement), and $300 (.618 Fib Retracement).

The RSI has dropped lower from overbought conditions as the buyers take a break before regrouping. So long as it can remain above 50, the momentum will remain in the bulls’ favor.

Key Support Levels: 0.0326 BTC, 0.0317 BTC, 0.031 BTC.
Key Resistance Levels: 0.0337 BTC, 0.035 BTC, 0.0356 BTC.

Etheruem also performed very well in the first week of August as it surged from 0.03 BTC to reach as high as 0.035 BTC. From there, Ethereum has dropped lower as it falls into the 0.0326 BTC level, where support is provided by a .236 Fib Retracement.

The coin rebounded from this support today as the bulls begin the push back toward the 0.035 BTC level.

Looking ahead, if the buyers do push higher, the first level of resistance is located at 0.0337 BTC (March 2019 support). This is followed with resistance at 0.035 BTC, 0.0356 BTC (1.414 Fib Extension), and 0.0367 BTC

On the other side, the first level of support lies at 0.0326 BTC (.236 Fib Retracement). Beneath this, support lies at 0.0317 BTC, 0.031 BTC (.382 Fib Retracement), and 0.030 BTC (.5 Fib Retracement).

Likewise, the RSI has also dipped lower but remains above the 50 line, which indicates that the bulls are still in control of the market momentum.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Source: cryptopotato.com


“How much Ethereum in circulation?” ask the Bitcoin community

“How much Ethereum in circulation?” ask the Bitcoin community

The big debate over Ethereum’s supply is ongoing – and it’s getting fierce. If you don’t follow; the network’s infinite offer has been the subject of many discussions since its creation in 2015.This means that unlike Bitcoin (and thousands of other cryptos), there is no “cap” on the number of Ethers that can exist in the open market – the idea being that the supply grows each day. year as long as Ethereum exists.

The total Ether supply was around 110.5 million as of April 16, 2020. In 2017, mining generated 9.2 million new ETH, corresponding to a 10% increase in its total supply. There is no fixed cap currently implemented on the total ETH supply.

Until now there was no Major problem with the functioning of Ethereum. Yes, the critics were still present and ICO fanatics were making millions, but no one really cared what the Ethereum supply looked like (as long as the bags were pumped).

But since this month – thanks to an increase in DeFi projects – reviews have increased, and it’s not the mundane crypto scammers raising questions. Instead, prominent members of the Bitcoin community are leading the charge in search of the only real answer; how much ETH anyway?

It started when Micheal Goldstein praised the Twitter feed of Eric Wall, the CIO of Arcane Research; “Can they explain how to easily and independently verify ETH’s money supply?”

Chronology of ETH supply dramas:

Eric Wall Says ETH Maxis Are More Articulated And Refined Than Bitcoiners

ETH maxi points to Etherscan when asked to provide the total number of ETH #.

Peter requests a script for the self-check

ETH maxi says it’s too trivial to bloat (???)

1/

– grubles (@notgrubles) August 8, 2020

Asked about the 21 million Bitcoin supply cap, Goldstein said the asset can be verified by anyone using a Bitcoin-cli and a full node.

It is a trivial task to verify the Bitcoin monetary supply using bitcoin-cli with your own full node. pic.twitter.com/KMMXeE5ytf

– Michael Goldstein (@bitstein) 6 août 2020

Andrew, a commentator on the thread who seemed to explain how Ethereum’s uncapped offering was similar to Bitcoin’s, said the former could be appropriate using an issue rules model with the current issue. However, Riccardo Spagni, principal developer and maintainer of the code for Monero, was quick to declare that any interested party can “independently” verify the supply of Bitcoin. – with the same relatively difficult thing to do for Ethereum, he said.

The key word in @ bitstein’s Tweet was “independently”. You can absolutely independently check Bitcoin’s current supply. Have fun trying to do the same with Ethereum.

– Riccardo Spagni (@fluffypony) August 6, 2020

After the above thread started to generate additional interest on how many ETHs actually were in circulation, Ethereum co-founder Vitalik Buterin took to his Twitter account to explain his point. He tweeted:

I love how people have tried so clumsily to pressure Ethereum on its lack of a predefined fixed cap of “21 million” when the transaction fees for the past 2 months have been high enough to more than completely reverse the PoS rewards after EIP 1559. pic.twitter.com/TuyZMotacu

– vitalik.eth (@VitalikButerin) August 7, 2020

He then mentioned how to verify Ethereum’s supply, using this link. In other comments, Buterin noted that there was 112 million ETH in circulation.

Here are the rules for defining the rewards: https://t.co/4XCViRgzMZ

And you can run a knot to verify that the current chain actually reflects these rules!

– vitalik.eth (@VitalikButerin) August 7, 2020

But some, like Bitcoin developer and educator Pierre Rochard, were not convinced:

I will send 1 million sats to anyone who successfully writes and executes this script on their own ETH node within the next 12 hours.

👇 https://t.co/k6IKspum3O

– Pierre Rochard (@pierre_rochard) August 7, 2020

Meanwhile, “Leon” executed the script and came up with several different sourcing numbers when he (claimed on Twitter) executed the script:

It’s incredible. Popular block explorers and coinmarketcap all show a different ETH offering

Maybe fix this problem before running Ethereum 2.0 frens https://t.co/Nf8sq2PO9W

– Udi Wertheimer (@udiWertheimer) August 7, 2020

And of course, that couldn’t have been a crypto argument without someone dropping a meme:

Unknowable mysteries of the universe:

– What happens when you die?
– What is the meaning of life?
– How many ETH is there?

– jimbrrra 👁👄👁 (@jimbocoin) August 7, 2020

The debate rages on.

Source: www.fr24news.com

Author: admin – April 12, 20200


Ethereum Price Predictions 2020: Top ETH/USD Price Forecasts

Ethereum Price Predictions 2020: Top ETH/USD Price Forecasts

New York, NY – ( NewMediaWire ) – August 08, 2020 – Ethereum, Ether, ETH. Where to begin with the world’s most popular cryptocurrency coin not named  Bitcoin, other than with the latest  Ethereum price predictions.

Even though historically speaking, Ethereum hasn’t received as much attention as Bitcoin, the world’s second-largest crypto by total market capitalization is still one of the  most sought after digital assets in the world today. And even though after hitting its all-time-high value of $1,400 back in 2017, the crypto hasn’t been able to recreate any of its past monetary magic. However, throughout July 2020, ETH has nearly doubled in value — rising from a price point of around $200 to $400.

Of course almost every single day there is  new and exciting Ethereum news to pay attention to, with it being the biggest catalyst of the decentralized finance era outside of the inevitable emergence of the one and only Bitcoin. However, as far as retail investors and mainstream media is concerned, the ETH/USD exchange rate value is the biggest attraction for how successful it is. And while non-crypto casuals can get a strong sense of just how much growth and development has occurred in the blockchain technology space, today’s Ethereum price is what is analyzed the most.

This  latest financial momentum has once again reignited  debates as to what the future has in store for Ethereum, especially since the platform is all set to undergo a massive upgrade shortly. For starters, some experts are of the opinion that ETH will quite easily outperform BTC during 2020. However, there are still some skeptics who believe that the ongoing bull run will be short-lived, and Ether will most likely once again drop down to the double-digit mark by the end of the year.

While the  price of Bitcoin  continues to be the biggest industry attraction with all of those  far fetched bitcoin price predictions  as it continues to remain over 60% market share dominance, many forecast the price of Ethereum in USD to skyrocket and multiple much faster than the king kong crypto coin in BTC.

In this article, we will look at some of the  Ether price predictions  that have been made in relation to ETH over the course of the last 6-12 months. This Ethereum price prediction forecast list includes a whole host of optimistic as well as pessimistic outlooks from experts as well as other individuals who have been involved with this space for quite some time now.

There are so many  cryptocurrency influencers  to pay attention to in 2020 to get insights and analysis on the price action of Ethereum, but the following is a list of well respected, reputable industry insiders who are all involved in the blockchain distributed ledger technology ecosystem in one way or another.

So without any further ado, let’s jump straight into the heart of the matter.

LongForecast.com — Stabilization around the $300 mark by Q1 2021

As the name suggests, LongForecast.com is a platform that makes future crypto value judgments based on a host of mathematical as well as statistical data. In this regard, the forecasting web service claims that by the end of Feb 2021, Ethereum will be trading around the $300 threshold. That being said, a quick look at the website now shows us that LongForecast has since updated its price prediction claiming that ETH will soar up to around the $860-$885 mark by November-December 2020. Not only that, if the existing bull market conditions prevail for the next half a year or so, but LongForecast also estimates that ETH will settle down at $788 by the end of 2021.

In terms of what the next five years have in store for the premier crypto, LongForecast does not see any significant future long-term growth for ETH, with prices dipping to $300 by 2023 and then once again scaling up to $700 within the next 12 months or so. As far as the  live real-time bitcoin price goes, who knows how it will fare once Ethereum upgrades and transitions to a stacking protocol where users have incentives to hold on to their ETH coins. This is why many people are bullish on Ethereum in 2020 because it is still down over 70% from its all time high price back in January 2018 and has only fundamentally gotten bigger, better and brighter.

WalletInvestor — Around $207 by Mid-2021

Our first bearish prediction comes from WalletInvestor.com, a crypto portal that believes Ether will most likely fall back to around the $200 mark either by the end of 2020 (or by mid-2021). They also believe that the second largest crypto does not have any major surge expectations and will most likely continue to hover within the $200 to $300 range for the foreseeable future. However, with Ethereum recently breaking all expectation barriers, the team over at Wallet Investor seems to have revised their outlook regarding the altcoin, with the team now claiming that ETH will be worth nearly $400 within the next five years or so.

Crypto Research Report — Stability through 2020 but rise to $3,500 by 2025

As many of our readers may be well aware of, the Crypto Research Report (CRR) makes use of several price prediction models (most notably the Irving Fisher “equation of exchange” framework) to analyze various cryptos and their potential monetary worth.

In terms of ETH, the team over at CRR believes that based on a number of niches’  valuation assessment models, the cryptocurrency will most likely close out 2021 around the $331 mark. However, the report also goes on to say that it would not be surprising to see ETH breach the $3,500 mark by the end of 2025 (following which the price of the altcoin will most likely stabilize).

Crypto Rating — Mammoth $11K Price Point by 2025

Prominent cryptocurrency evaluation portal ‘Crypto Rating’ recently released a revised version of its ETH price prediction wherein the team estimated that within the next 12 months or so, the premier altcoin would most likely scale up to a price point of around $880.71. Not only that, within the next six months, but the currency may also continue to rise and then finally settle down around the $700 threshold.

Additionally, the team over at Crypto Rating is confident that over the course of the next five years or so, the price of ETH will continue to double — most likely hitting $1,548.62 within two years and a whopping $11,264.14 by the time 2025 comes around.

Skew Analytics — Around $500 by the end of 2020

Skew is a prominent cryptocurrency and blockchain analytics firm that regularly releases crypto price updates. The firm has built a reputation for doling out predictions that are fairly accurate and are based on meticulous research data. In regard to Ether, the team over at  Skew  predicts that the premier altcoin will most likely scale up to a respectable price point of $4,80 by the end of 2020. However, the way things are looking at the moment, it would not be surprising to see Skew release a revised prediction sometime in the near future.

Click Here to See Why Cryptocurrencies and Blockchain Assets Are Being Called The Investment of the Decade

Simon Dedic — $9,000 per ETH “Some Day”

Blockfyre co-founder Simon Dedic is of the belief that ETH will most likely scale up to around the  $9,000 mark someday. In the same vein, Dedic also predicted that Bitcoin too will break the $150,000 barrier around the same time when ETH scales up to the aforementioned price point. Furthermore, Simon is of the firm belief that there are only six cryptocurrencies that long-term Holders should invest in — these include BTC, ETH, LINK, BNB, VET, and XTZ.

Lastly, it is also worth noting that after Ether defied all expectations recently, Dedic revised his short term price prediction for the crypto and stated that it would not be surprising to see premier altcoin rise to a price point of $800 soon.

James Todaro — 1 Trillion Dollar Market Cap Eventually

James Todaro is a prominent name within the world of crypto. At press time, he is not only considered to be a crypto pundit, but he is also a managing partner at Blocktown Capital. In his  estimation, Ethereum will most likely hit a mammoth price point of $9,000 per token eventually.

Not only that, but Todaro also believes that ETH will scale up to a $1 trillion market cap due to a surge in demand for decentralized finance-related options within the coming few years.

Nigel Green — $2.5K by the end of the Year

Perennial crypto bull Nigel Green — who is probably best known for his work with crypto firm Devere Group — is of the  belief  that ETH will soon breach the $2,500 mark within the coming 4-6 months. As part of his reasoning, Green alludes to the following factors:

An increasing number of trading platforms is adopting ETH

Demand for digital currency is currently at an all-time high and will most likely continue to surge in the future.

Increased use of smart contracts will fuel ETH adoption.

Looking at all of the bullish scenarios currently surrounding ETH (as well as the crypto market at large), Green is fairly confident that Ether will experience an unprecedented value surge by the end of 2020.

Brian Schuster — $100K by late 2024/early 2025

Ark Capital founder Brian Schuster is of the belief that by the time 2024 draws to a close, Ethereum will be resting somewhere around the $100,000 mark. Not only that, but he is also of the firm belief that ETH has all of the innate characteristics that could allow it to replace gold (as well as a host of other precious metal commodities).

And while Schuster made the aforementioned predictions a few years back, it is still not entirely clear as to whether he is still bullish on ETH’s future prospects.

CoinKir — $1,455 per ETH by the time 2020 draws to a close

Prominent crypto prediction platform CoinKir claims that ETH is on a path of destruction and that by the end of 2020, the premier crypto will most likely start to approach the $1,500 territory. It is also worth noting that the prediction portal accurately predicted that 2020 would be a crazy year for ETH, a claim that seems to become increasingly true with each passing day.

Click Here to See Why Cryptocurrencies and Blockchain Assets Are Being Called The Investment of the Decade

CoinSwitch — Around $4,000 within the next 4-5 years

As most of the four readers may be aware of, the crypto news blog regularly releases price predictions that are based on a whole host of scientific research and analysis. This time around, the team believes that ETH’s future valuation seems to be extremely  bullish, so much so that the company is adamant that 2020 is all set to be one of “the most remarkable years for Ethereum.” The reason behind their conviction is that as we move towards 2021, an increasing number of firms will start to adopt decentralized apps (dApps), thereby spurring the value of the premier altcoin by mammoth proportions.

From a purely numerical standpoint, the CoinSwitch team believes that ETH will rise to $1,550 by the end of 2020, and to around $3,844 by 2025. That being said, there is no hard data to back up any of these claims, so there is a chance that the company might be basing their predictions on their gut feeling alone.

Bobby Ullery — ETH will hit $11.4K by 2020 end

A few years back, crypto pundit Bobby Ullery  announced  that by the end of 2020, the total market cap of the crypto sector as a whole would scale up to around the $4.5 trillion mark — with 25% of this market share being split between Bitcoin and Ethereum. That said, these figures posted by seem to suggest that Ethereum will most likely hit a token value of $11,375 ETH while BTC could become worth $61,900 per coin.

CryptoGround — Stability around the $257 mark by 2021

CryptoGround — a popular digital asset-based analytics firm — started out the year by having a bearish outlook in regard to ETH, however, over the course of the past few months, the firm has changed its tune slightly, now claiming that by the year 2025, a single Ether will become worth $1,445.20.

That being said, CryptoGround believes that this ongoing bullish momentum will be short-lived and that within the next year or so, the crypto’s price will once again drop down to around the $200 mark.

30 Rates — $700 by the End of 2020

Live cryptocurrency forecast platform ‘30 Rates’ has released several bullish signals regarding ETH since updating its pricing model earlier this year. As per the company’s core analytics team, Ether is all set to continue on its run and will most likely finish out the year between $600-$700. Not only that, but the folks over at 30 Rates also believe that in the coming few months, other commodities such as gold, oil, etc., will also continue to garner more and more traction.

Michael van de Poppe — $470 per ETH by 2020 end

‘Crypto Michael’ as he is affectionately known throughout the crypto community, Van De Poppe is fairly confident that since breaking the $300 barrier last month, ETH will most likely continue to surge through the course of the year (finally settling around the $500 mark around December 2020).

Furthermore, it is worth pointing out that according to Michel’s analysis, ETH might scale up to around the $570 mark within the next six months, solely because a lot of critical indicators associated with the premier altcoin seem to be extremely bullish right now.

Lastly, for those of our readers who may not be aware of who ‘Crypto Michael’ is, he is a crypto pundit/full-time digital currency trader who has been affiliated with the Amsterdam Stock Exchange for a fair amount of time. He has also been dealing with various cryptos for nearly a decade now and is one of the most respected individuals within this space.

Crypto Ticker — $1,000 per ETH by mid-to-late 2021

As per the folks over at CryptoTicker.io, the price of a single Ether could very well  scale past the $1000 mark  within the next 12-18 months. The firm was previously bearish on ETH’s future valuation, but following the recent spike in demand for ETH, revised its prediction outlook.

To substantiate its claims, the Crypto Ticker has cited the following reasons:

An increasing number of crypto trading platforms, as well as institutions, are adopting Ethereum.

Over the course of the last year or so, there has been a significant rise in the number of Ethereum addresses globally.

The Ethereum 2.0 update that will see the currency switch from a Proof-of-Work framework to a Proof-of-Stake one.

FXStreet — Anywhere between $400-$500 by 2020

As per a prediction piece released by prominent crypto media outlet FXStreet during the first week of August 2020, the company  acknowledged  that the premier cryptocurrency would most likely rise and then meet a lot of psychological resistance at $400, $450, and $500 — with the minimum support levels forming around $350 and $250.

Click Here to See Why Cryptocurrencies and Blockchain Assets Are Being Called The Investment of the Decade

In Closing

Most experts believe that the upcoming Ethereum 2.0 update has played a massive part in the premier crypto’s recent price rally. However, it is also worth noting that as more and more individuals, financial institutions begin to understand the utility of blockchain, DeFi, etc., we will continue to see increased adoption of ETH (and its various associated offerings). As a result, it would not be outlandish to think that a single Ether could be hovering around the $5,000 mark within the next four to five years. That being said, nobody really knows what the future has in store for the crypto market as a whole, so all we can do till then is wait and watch.

As always, the researched Ethereum Price Predictions 2020 list is not investment advice or anything remotely associated with such. As many know or should know, past performances are not a predictor of future results. All investing, cryptocurrencies or not, involves risk of loss and individual investments may vary. The Ethereum price examples provided may not be representative of typical results. Every red penny of capital is at risk when you invest into Bitcoin or Ethereum — you can lose some or all of your money. Never risk more than you can afford to lose.

Be sure to stay up to speed with all of the  latest Ethereum news  and keep on the look out for  new Ethereum price predictions  to see just how high the ETH in USD exchange rate value can go in 2020.

Resources used in the making of this 2020 Ethereum price prediction list:

Guide to Ethereum: What is Gas, Gas Limit and Gas Price?

Guide to Ethereum Blockchain Protocol

Source: apnews.com

Author: Marketing By Kevin


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