Este artículo también está disponible en español.
DeFi protocol Derive’s Head of Research, Dr. Sean Dawson, has provided a bullish prediction for the Ethereum price. He predicted that the second-largest crypto could rally to as high as $12,000 and explained how the Pectra upgrade could contribute to the parabolic rally.
Ethereum To Reach $12,000 Thanks To Pectra Upgrade And Other Factors
Dawson predicted that Ethereum could reach $12,000 by the end of the year thanks to the Pectra upgrade, Donald Trump’s presidency, increased adoption, and a surge in ETF inflows. According to the research analyst, this bullish case is possible if the Pectra upgrade is successful. The upgrade is meant to help scale the network and boost user experience.
Related Reading
Given Donald Trump’s pro-crypto stance, Dawson is also confident that the US president-elect would create a regulatory-friendly environment, which would support further growth for Ethereum. For ETH to reach this $12,000 target, Dawson also said that Ethereum must witness broader adoption within the real-world assets (RWAs) industry. The network must also become a top player in emerging sectors such as DePIN and AI agents.
The Ethereum exchange-traded funds (ETFs) also have a role to play in ETH reaching this target. Dawson mentioned that there must be more significant inflows into these funds. He warned that the failure of these funds to attract institutional interest could lead to a bearish case for Ethereum.
For the bearish case, the research analyst predicted that Ethereum could drop to as low as $2,000 due to a lack of inflows into the Spot ETH ETFs. He noted that this could happen if these funds lose ground to a successful Solana ETF launch. This undoubtedly remains a possibility, considering how Solana dominated last year in terms of network activity.
Dawson warned that other layer-1 networks are challenging Ethereum’s market share, although he added that this may offer higher risk and reward opportunities.
ETH Still Bullish Despite Recent Market Downtrend
Crypto analysts have suggested that Ethereum still has a bullish outlook despite the recent market downtrend. In an X post, crypto analyst Moon Carl stated that despite the recent dump, ETH is still trading within a symmetrical triangle on the Daily timeframe. The analyst added that if the support holds, a breakout with a bullish target of $4,100 could be expected.
Related Reading
Crypto analyst The Cryptomist also charted a path for Ethereum to reach a new all-time high (ATH). She highlighted a large falling wedge, which was in play with symmetrical deviations. She added that ETH could retest the broken level, then reject to support and insert a 4-hour oversold bullish divergence and then bounce to a new ATH.
At the time of writing, the Ethereum price is trading at around $3,300, up in the last 24 hours, according to data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
Este artículo también está disponible en español.
DeFi protocol Derive’s Head of Research, Dr. Sean Dawson, has provided a bullish prediction for the Ethereum price. He predicted that the second-largest crypto could rally to as high as $12,000 and explained how the Pectra upgrade could contribute to the parabolic rally.
Ethereum To Reach $12,000 Thanks To Pectra Upgrade And Other Factors
Dawson predicted that Ethereum could reach $12,000 by the end of the year thanks to the Pectra upgrade, Donald Trump’s presidency, increased adoption, and a surge in ETF inflows. According to the research analyst, this bullish case is possible if the Pectra upgrade is successful. The upgrade is meant to help scale the network and boost user experience.
Related Reading
Given Donald Trump’s pro-crypto stance, Dawson is also confident that the US president-elect would create a regulatory-friendly environment, which would support further growth for Ethereum. For ETH to reach this $12,000 target, Dawson also said that Ethereum must witness broader adoption within the real-world assets (RWAs) industry. The network must also become a top player in emerging sectors such as DePIN and AI agents.
The Ethereum exchange-traded funds (ETFs) also have a role to play in ETH reaching this target. Dawson mentioned that there must be more significant inflows into these funds. He warned that the failure of these funds to attract institutional interest could lead to a bearish case for Ethereum.
For the bearish case, the research analyst predicted that Ethereum could drop to as low as $2,000 due to a lack of inflows into the Spot ETH ETFs. He noted that this could happen if these funds lose ground to a successful Solana ETF launch. This undoubtedly remains a possibility, considering how Solana dominated last year in terms of network activity.
Dawson warned that other layer-1 networks are challenging Ethereum’s market share, although he added that this may offer higher risk and reward opportunities.
ETH Still Bullish Despite Recent Market Downtrend
Crypto analysts have suggested that Ethereum still has a bullish outlook despite the recent market downtrend. In an X post, crypto analyst Moon Carl stated that despite the recent dump, ETH is still trading within a symmetrical triangle on the Daily timeframe. The analyst added that if the support holds, a breakout with a bullish target of $4,100 could be expected.
Related Reading
Crypto analyst The Cryptomist also charted a path for Ethereum to reach a new all-time high (ATH). She highlighted a large falling wedge, which was in play with symmetrical deviations. She added that ETH could retest the broken level, then reject to support and insert a 4-hour oversold bullish divergence and then bounce to a new ATH.
At the time of writing, the Ethereum price is trading at around $3,300, up in the last 24 hours, according to data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
Noodlemagazine I truly appreciate your technique of writing a blog. I added it to my bookmark site list and will
Noodlemagazine I appreciate you sharing this blog post. Thanks Again. Cool.
I have been checking out some of your articles and it’s nice stuff. I will definitely bookmark your site.
I really appreciate this post. I’ve been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thx again!
Great beat ! I would like to apprentice whilst you amend your web site, how can i subscribe for a blog website? The account aided me a applicable deal. I had been a little bit acquainted of this your broadcast offered shiny clear concept
After study a few of the blog posts on your website now, and I truly like your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon. Pls check out my web site as well and let me know what you think.
As soon as I found this site I went on reddit to share some of the love with them.
Hiya! I simply wish to give an enormous thumbs up for the good data you may have here on this post. I will likely be coming back to your blog for more soon.
buy clomid price can i order generic clomid without rx clomiphene contraindications can i order cheap clomid prices can i purchase cheap clomiphene prices clomid remedio can i purchase clomid without a prescription
The sagacity in this serving is exceptional.
This is the compassionate of criticism I rightly appreciate.
order zithromax 250mg for sale – floxin sale purchase metronidazole online cheap
order rybelsus 14 mg online cheap – brand rybelsus 14mg periactin pill
motilium for sale – sumycin cost cyclobenzaprine 15mg pills
I must convey my appreciation for your generosity giving support to people who need assistance with the concern. Your very own commitment to passing the message up and down became wonderfully beneficial and has in every case encouraged professionals like me to attain their aims. The valuable publication means much to me and much more to my office colleagues. Thank you; from each one of us.
generic inderal 10mg – buy methotrexate 10mg methotrexate pills
augmentin 1000mg for sale – https://atbioinfo.com/ order
buy esomeprazole 20mg sale – https://anexamate.com/ nexium for sale
buy warfarin pill – https://coumamide.com/ order cozaar for sale
meloxicam 15mg drug – mobo sin cost mobic
prednisone canada – aprep lson order prednisone 20mg
I dugg some of you post as I thought they were very useful handy
buy ed pills no prescription – the blue pill ed buy erectile dysfunction pills
amoxicillin order online – amoxicillin online buy buy amoxicillin cheap
cost fluconazole 200mg – https://gpdifluca.com/ fluconazole order online
cenforce online order – click order cenforce 100mg pill
cialis online without a prescription – online cialis prescription where to buy cialis over the counter
order ranitidine pills – https://aranitidine.com/ buy zantac without prescription
cialis time – cialis tubs cialis coupon 2019
This website positively has all of the tidings and facts I needed there this thesis and didn’t positive who to ask. sitio web
old do you have buy viagra – https://strongvpls.com/# cheap viagra buy online
Thanks recompense sharing. It’s acme quality. buy amoxil generic
Palatable blog you be undergoing here.. It’s severely to find elevated status writing like yours these days. I really respect individuals like you! Go through guardianship!! https://ursxdol.com/levitra-vardenafil-online/
I’ll certainly carry back to skim more. https://prohnrg.com/product/atenolol-50-mg-online/
Thank you for the good writeup. It in truth was a leisure account it. Look complicated to more brought agreeable from you! By the way, how can we keep up a correspondence?
I am in fact enchant‚e ‘ to glitter at this blog posts which consists of tons of profitable facts, thanks for providing such data. https://ondactone.com/simvastatin/
Greetings! Utter useful recommendation within this article! It’s the petty changes which liking turn the largest changes. Thanks a lot towards sharing!
buy zantac 300mg sale
The thoroughness in this break down is noteworthy. http://mi.minfish.com/home.php?mod=space&uid=1411824
Hello. Great job. I did not imagine this. This is a excellent story. Thanks!
Neat blog! Is your theme custom made or did you download it from somewhere? A design like yours with a few simple adjustements would really make my blog jump out. Please let me know where you got your theme. Appreciate it
order forxiga without prescription – https://janozin.com/ buy generic forxiga 10 mg
orlistat without prescription – https://asacostat.com/ buy xenical generic