Ethereum Bulls Are Around The Corner

There are all kinds of bullish predictions for the most important coin in the crypto space, and Ethereum is no exception. Check out the latest prediction about the price of the coin below.

It’s been just reported that a popular crypto analyst and trader says Ethereum is setting up for a wild rally. The analyst revealed his new price target for blockchain-based game Axie Infinity.

Pentoshi has recently said that he expects Ethereum (ETH) to go on a massive surge as it threatens to print a new higher high.

“ETH. On [the] verge of price discovery. [The] Next leg up should be one of the wildest yet. Looks great vs BTC as well.”

He explained that ETH has no resistance in sight and could abruptly climb over 15% from its current price.

At the moment of writing this article, ETH is trading in the red and the coin is priced at $4,185.

“Have a feeling a lot of people are underexposed to ETH, myself included, but vacation has me being more conservative. But there is only clear skies ahead. Could see $5,000 rapidly if this breaks out.”

Ethereum in the news

According to the online publication the Daily Hodl, Bloomberg Intelligence’s senior commodity strategist Mike McGlone says that it is only a matter of time before an Ethereum (ETH) exchange-traded fund (ETF) is established.

Check out his tweet below.

Someone said: “By submerging Bitcoin Miners in liquid, heat and noise is reduced by 95% and we can recapture up to 40% of the heat and convert this to power. Bitcoin will be 100% green by 2024. No other system will be more green.”

Stay tuned for more news about your favorite coins.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.
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