6 Signals From Santiment That Ethereum Price Will Rise Above $2K

It has been suggested that Ethereum (ETH), which has a very calm attitude compared to the crypto money market in the current situation, will exceed $ 2,000 by the end of August at the latest.

On-chain analytics platform Santiment, in its research report published on its official website on July 21, stated that Ethereum’s 2 thousand dollars level He drew attention to 6 signals showing that he will increase it.

Ethereum’s past April reached in the month 2,132 dollar from the local summit pretty much since beware a price move that you are watching voicing the platform, even its investors are aware of this situation. bored He said it looked like

Santiment first started the month of June of Ethereum, like all other assets. spot Bitcoin (BTC) ETF (exchange mutual fund) accompanied by applications dominate the one who to bitcoin since the end of the month you gain value stated. However 4.58% investors of this value increase not enough to excite also highlighted.

And also 2,000 dollars a strong point for Ethereum (ETH) resistance Underlining that it is a point of interest, the platform is more open when investors exceed $ 2,000. hopeful While it is visible, it is much more when the resistance point is reached. to be skeptical drew attention.

The fixed price also has various effects on investor behavior. effects Stating that he is Santiment, Ethereum Social Dominance of the year 2023 lowest to their level that you are approaching stated. However, the platform not cause for concern needed and the industry is quite natural cryptocurrencies of this process also contribute to the development stated there was.

When it comes to investor behavior current state of concern or happiness levels should also be taken into account. The platform offers short-term investors in this regard. 0.35% almost with damage break even On the other hand, long-term investors to 15% announced that they were carrying a near snow.

One of the most important considerations in determining a bottom for on-chain data is investors. at a loss when they were in the snow in proportion more more While it is stated that it has to process, at this point it has not yet negative a sign does not appear expressed. However, the platform price $1,800-1,700 dollars status if it tests the level that you can reverse also placed.

In addition, the current Ethereum of 93% part of outside the stock markets Santiment, indicating that the remaining 7% part of big for a sales wave that it will not be enough came to the conclusion.

Ultimately, the community silent but that your patience in general have been rewarded voicing platform, Ethereum by august without entering or in august your $2,000 nothing to avoid why don’t you show up expressed.

Quiet compared to XRP and LINK

Pointing out that Ethereum remains inactive and silent according to the XRP and LINK communities, Santiment claims that this situation is surprising, and will soon come. 2,000 dollars He said that it is possible for him to make a move to overcome the level.

Coinecko according to data 30 days in 4.2% appreciated ETH, end 24 hours in 1.4% depreciating as of writing 1,891 traded at the dollar level.

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