mid September on Ethereum (ETH) eagerly awaited Merge The merger was successful.
After the merge, while investors were waiting for the price of ETH to come out, decreases occurred in ETH. In this context, the price dropped to $1178 as investors who bought the Merge prospect sold the news.
However, it remains in a certain price range for a long time. ETHrallied above $1,500, with a general uptrend seen in crypto markets.
With this rise, analysts also commented on price movements and announced their ETH forecasts.
One of these analysts is a cryptocurrency trader and LedgArt co-founder. kaleo it happened.
Sharing on his Twitter account, Kaleo said that Ethereum could rise above $ 3,000 in early 2023.
Adding a graphic to his share, the analyst said:
“According to the ETH chart, it seems logical for ETH to rise above $3k again in early 2023.”
$ETH breaking above $3K again in early 2023 makes sense pic.twitter.com/BZVUXccWIG
— KALEO (@CryptoKaleo) October 27, 2022
With the recent rise, analysts and investors’ hopes for Ethereum have increased.
Mike McGlone, senior commodity strategist at Bloomberg Intelligence He also commented on Ethereum.
McGlone said that Ethereum’s successful transition to the POS system amid the global energy crisis has made ETH’s position in the digitalization of the financial and monetary system even more dominant.
McGlone “This could form the basis of a permanent price increase.” said.
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