Analysis: Ethereum may replicate XRP's recent trend and experience a dramatic increase
On December 7, data shows that Ethereum is experiencing a breakthrough trend similar to XRP. Market analyst VentureFounder predicts that Ethereum will experience an "impulse breakout" in the coming months. The current trend of Ethereum is similar to its cycle from 2016-2017, predicting a repeat of the explosive rise that drove ETH to new highs at the time. VentureFounder's price target for ETH is $15,937 by May 2025, which would push Ethereum's market value past $1 trillion for the first time. (Cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The three major U.S. stock indexes have turned lower, with the S&P 500 down 0.3%.
A whale shorted 1,232 BTC with 20x leverage, with unrealized profits reaching $28.7 million.
Numerai completes $30 million Series C funding round
"Machi" has been liquidated 145 times since the "1011 crash"