Finder's expert panel predicts that ethereum will bottom out at $675 before year-end. $ETH cryptocurrency crypto
One of the experts on the panel, Digital Capital Management Managing Director Ben Ritchie, commented: “Since ethereum’s correlation to bitcoin is still high, we can speculate that if Merge happens before the year-end, its price may decouple. However, the outside economic factor is vital, bringing hurdles to the short-term price action.” He elaborated:
We also estimate that the ethereum price will reach as high as $15,000 in 2030 due to the upcoming upgrades to thethat there is a chance Ethereum’s highly anticipated transition from proof-of-work to proof-of-stake , otherwise known as The Merge, could be implemented in September. Coinjar CEO Asher Tan, another expert on the panel, sees ethereum hitting $2,000 to close out 2022. “All eyes are on The Merge when it comes to
,” he stressed, noting that “there are more obvious catalysts for ethereum price appreciation than there are for bitcoin — presuming that the cefi [centralized finance] meltdown doesn’t claim too many more victims.”The panel is fairly evenly split between now being the time to buy or hold your ethereum, with only 16% saying it’s time to sell.university directors, crypto exchange executives, crypto research analysts, and executives of various firms with crypto-related products.
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