Ethereum (ETH) Realistic Price Prediction For 2024. ETH Price Chart Analysis

What Is Ethereum (ETH)?
Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.

#Ethereum #EthereumNews

Ethereum (ETH) Realistic Price Prediction For 2024. ETH Price Chart Analysis

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I can only show you the door you have to walk through it hello guys welcome to Mr Legend crypto guys in this video we taking a look at an altcoin ethereum ethereum is the king of all coins in the cryptocurrency market currently trading around $2,250 ethereum over the last one year

Has R by 86% so where’s ethereum heading to in 2023 what’s a realistic price prediction for ethereum in 2023 we start 2022 with ethereum down we start 2023 with ethereum down around the $1,100 level in 2024 do we expect to see ethereum getting to new alltime highs

2023 has ended up being a bullish year for the cryptocurrency market but it didn’t start that way there was a lot of bearishness throughout the year but the ending of the year right now has seen a lot of all coins pumping aggressively on a daily on a weekly and on a monthly

Time frame in this video we take a look at the ethereum US dollar price price chart on weekly time frame and key levels where might P to in 2024 and more importantly where we’re going to dump to either big dump comes in 2024 we going to take a look at ethereum’s performance

Against the king of the market Bitcoin ethereum has been the joke of the town over the last few days if you go on Twitter if you go on social media everybody’s laughing at ethereum are we going to see ethereum catch up to the rest of the market can ethereum’s market

Cap get to that $500 billion level we’ll talk about that and more in this video but first guys an investment in knowledge pays the best interest when it comes to investing nothing will pay off more than educating yourself do the necessary research and Analysis before making any investment decision let’s get down to

Business ethereum the king of all coins trade above $2,250 the market cap of over $270 billion etherum has 24hour trading volume of $9 billion a circulating supply of 120 million e all-time highs for ethereum came in on the 16th of November 2021 it traded for as high as

$4,899 if you want to get some ethereum you can get it on binance if you sell some ethereum you can sell some on buybit coinbase g. iio anywhere you get your popular all coins you can get ethereum right there take a look what ethereum has done over the years we’ve

Had different bull runs we’ve also had bare Market but the biggest Bull Run ethereum had was in 2017 we saw ethereum giving us an outrageous pump of over 2 ,800 X crazy things can happen in the cryptocurrency market those crazy things can happen very very quickly but I would

Like to remind you guys this one of the most volatile markets in the world and when we have a bare Market most of the gains are eroded that’s what happened in eum first bare Market we saw it losing 94% of its value before the 2021 bull market and during the during the 2021

Bull market we saw eum giving us another 6,00% pump to the moon and then came the 2022 2023 B market ethereum dump by around 81% going from $4,800 to as high as to as low as $873 but right now there’s a lot of confusion in the market ethereum get to

New alltime highs we’re entering 2023 are we going to see etherum blast to new alltime highs Bitcoin has carry a lot of hype we seen Bitcoin trending towards $44,000 ethereum is still underperforming a lot against a lot of allcoins in the market ethereum is even underperforming against Bitcoin has not

Always been like that guys ethereum has always been the altcoin to lead up allcoin Market but right now Solana is doing that if you go on a early time frame the last one year have seen Solana rally up by more than 925 etherum is only up

86% but guys I still believe we’re going to see some upside for ethereum I still believe as to enter 2024 ethereum is still bullish even though might see a big dump before the end of 2024 I’ll not be shocked to see ethereum still continue this rally to at least we get to the

$3,300 level a lot of all coins in the market are rallying to their price point of April 2020 22 for ethereum it sits around that $3,300 level and when we get there guys a lot of people will get hyper bullish you hear talks of new alltime highs when

We get to the $3,300 level ethereum will look more bullish than ever we’re just less than 50% away from New alltime Highs but that will be the time to sell for some sweet sweet profit because I believe that’s the highest we’re going to see eum go in 2024 if we’re very

Lucky we touch the $3,500 level if not everything will come crashing L we touch that 3,000 for $100 region and guys when the crash happens I’ll not be shocked to see a 80 plus% dump for ethereum in 2024 I will not even be shocked if that D

Gets as low as 90% And we see ethereum at some point in time 2024 trading around $331 it sounds so outrageous right now everybody saying we’re going to the Moon sounds outrageous why am I hyper bearish why am I expecting ethereum to dump to gobling town when the whole Market is

Pumping on a daily weekly on a monthly on a yearly time frame this is the start of a new new bu run but guys this is not the start of a new bu run we’ve gone through three different bu runs right now we’re going through a huge correction that correction sted in 2021

That correction might end in 2024 or probably 2025 but we’re done with the first phe of the correction and that’s the phase where we saw a huge dump in Goblin Town of over 70% in the altcoin market we saw eum going from $4,800 to as high to as low as $889 right now

We’re having a b weave that b weave can carry us to as high as $3,300 before we finally have our declining seawave that is very destructive and very very sharp down to gobling town so be careful out there guys remember take some profit along the way remember if you don’t buy

The lows you can’t sell the highs if you don’t sell the highs you can’t buy the lows ethereum is a decentralized open source blockchain system that features his own cryptocurrency at eth works as a platform for numerous other cryptocurrencies as well as for the execution of De centralized smart

Contracts guys right now the market is very very bullish but remember we’re not going to be bullish forever the market is very volatile and volatility comes the risk so as we’re pumping into higher prices remember the higher we pump the harder we’re going to fall in future if

Take a look at eum’s performance against Bitcoin it has not been having a nice time since the bull market ended in 2021 Bitcoin has rally up but ethereum has lost value against Bitcoin is the lowest ethereum has traded against Bitcoin since the end of the bull market in 2021

And if you want to be out trade Jo the last time ethereum was Trading low against Bitcoin was in April of 2021 I expect to see a huge move for ethereum in the coming days and coming weeks I expect to see ethereum catch up to bitcoin expect to see ethereum beers

Getting liquidated but guys as we enter 2024 as we see allcoins pumping to higher prices as we see ethereum starting to catch up to bitcoin starting to outperform bitcoin don’t get carried away remember we’re eventually going to head to Goblin Town we are not at the

Start of a new bu run we are just having a decent Bay Market rallies and these Bay Market rallies they can be very aggressive they can even look like a start of a new bu run we’ll still have some coins getting to new alltime highs we still have some coins making huge

Huge gains but guys the rest of the market is nowhere near New alltime highs and I believe ethereum is nowhere getting near New alltime highs in 2024 only time will tell if I’m right but remember to keep some cash on the side if we get that huge dump I’m talking

About if you don’t have some cash on the side you get that once in a lifetime opportunity to get ethereum below the $500 level if take a look at market cap J’s Market Cap which is around the $270 billion level could easily continue P to

Higher values I not be shock to see J’s Market Cap continue breaking to cre resistance level but guys when we see market cap getting to that $400 billion level that might be the Line in the Sand that might be where we’ll start heading back to gobling town and I don’t be

Shocked in 2024 to See’s market cap head back to $50 billion what will take ethereum’s market cap down I don’t know what will take the price of ethereum down to $500 I can’t tell you but the crowd is always wrong at the extreme and right now the

Crowd is saying we staring a new bu run only time will tell who is Right will the crowd be right will Mr Legend be right thank you guys for watching this video don’t forget to subscribe to this channel for of more awesome videos like this turn on the post notification to

Get notified anytime I drop a new video anytime I go live remember guys when it comes to investing nothing will pay off more than educating yourself and investment in knowledge pay is the best interest so invest for the Long Haul don’t get too scared don’t get too

Greedy see you guys in my next video remember all I’m offering is the truth nothing more there go 1 2 3 4 5 6 7 8