The famous analyst says that Ethereum (ETH), which has consolidated around $ 3400, will go to $ 10 thousand by the middle of 2021. cryptocoin.com In this article, we will cover Etheruem (ETH) price action and BTC price forecast, as well as overviews presented by newsmen, commentators, analysts, traders and investors as of Sunday, September 12.
Recent price action ETH and BTC forecast
According to data published by TradingView, on crypto exchange Bitstamp currently (as of writing), Ethereum is trading around $3,423, which means it is up 4.32% in the last 24-hour period.
As for Ethereum’s one-year (YTD) performance, ETH-USD is up 368.26%; The all-time high of $4,334 was set on May 12.
As for the analyst’s ETH price targets, here’s what we see. Of course, it is very difficult to predict short-term price movements for any asset, but on Friday, September 10, Simon Dedic, Co-Founder and Managing Partner of Moonrock Capital, a London and Hamburg-based blockchain consulting and investment partnership, said that the medium-term price for Ethereum gave his target. Analyst Dedic said he believes the ETH price will reach $10,000 by the middle of next year at the latest. Analyst Dedic’s predictions about different cryptocurrencies are as follows:
By mid-2022 at the latest, I predict that it will reach $100,000 in BTC, $10,000 in ETH, $10 in ADA, $1,000 in SOL, and $100 in DOT.
As for long-term price targets, as The Block reported last Tuesday (September 7) They predict that ETH will be traded between $26,000-35,000 in the long term.
What are investors saying about ETH?
Mike Alfred, Founder and CEO of BrightScope and Digital Assets Data, explains why he plans to continue HODLing ETH no matter what:
And another prominent investor told his more than 92,000 Twitter followers that the best way to get exposure to the rapid growth of Ethereum’s L2 scaling solutions is to invest directly in ETH. He said that their success has helped the entire Ethereum ecosystem, thereby increasing the demand for ETH, which in turn helped boost its price.
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