Ethereum Expected to Surge Despite Bearish Sentiment
- The trader known as Credible Crypto is optimistic about Ethereum’s future.
- Credible Crypto predicts Ethereum could increase by over 195% from its current price.
- Ethereum is expected to face resistance around the $4,000 level in the short term.
- The analyst suggests a potential target of $10,000 to $20,000 by the end of the cycle.
- Ethereum was trading at $3,390 at the time of analysis.
The analyst Credible Crypto forecasts a significant rise in Ethereum’s value, projecting it could reach between $10,000 and $20,000. However, short-term resistance is anticipated around the $4,000 mark. At the time of writing, Ethereum was valued at $3,390.
Source (2.6)https://dailyhodl.com/2025/01/25/ethereum-primed-to-come-back-with-a-vengeance-in-coming-months-says-analyst-heres-his-end-of-cycle-target/?rand=59076