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  4. PrimeXBT Analyst Kim Chua: Bullish Ethereum May Hit $2,900 Soon
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PrimeXBT Analyst Kim Chua: Bullish Ethereum May Hit $2,900 Soon

Ethereum (ETH) might hit $2,900 soon. The timing seems ripe for ETH to stage a big rebound. Investors are still waiting to watch the full impact of China’s sudden...
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PrimeXBT Analyst Kim Chua: Bullish Ethereum May Hit $2,900 Soon PrimeXBT Analyst Kim Chua: Bullish Ethereum May Hit $2,900 Soon

  • Ethereum (ETH) might hit $2,900 soon.
  • The timing seems ripe for ETH to stage a big rebound.
  • Investors are still waiting to watch the full impact of China’s sudden crackdown.

PrimeXBT Analyst Kim Chua has mentioned that the price of Ethereum (ETH) might hit $2,900 soon.

There are a lot of concerns around the crypto market of late after moves in China saw the BTC price slump. However, there is still more bullish news around the crypto market, especially for Ethereum, which is the second largest cryptocurrency in the market.

Ethereum still moves strongly along to its major upgrade, and ETH has still more excitement to keep the investors interested. Moreover, the dip in BTC price and the fall off of mining activity has seen ETH to show more activity this week.

According to CoinMarketCap, the ETH price is at $2,317, with a 24-hour trading volume of $19,820,447,528, at the time of writing.

This article was first published on coinquora.com

Continue reading on CoinQuora

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01-05-2024 10:45:17 (UTC+7)

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1.0658

-0.0008 (-0.07%)

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Moving Avg:

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Sell (12)

Indicators:

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EUR/USD

1.0658

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157.91

+0.12 (+0.07%)

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0.6469

-0.0003 (-0.05%)

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1.3780

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168.32

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0.9808

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2,295.80

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4.5305

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81.14

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85.62

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4,920.55

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5,035.69

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 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
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 IBEX 3510,854.40Neutral
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 Lufthansa6.714Neutral
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 Deutsche Bank AG15.010Neutral
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# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
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