Ethereum

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Ethereum

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Ethereum Price Predictions 2021

Ethereum has already claimed a new all-time high in 2021, and sky is now the limit it seems. There is still risk of a double top pattern if a severe correction happens at current levels, but a breakout higher is due any day. Most analysts are expecting Ethereum price to double now that a new record is set, however, the height of the previous base structure is targeting a 1300% rise from the point of breakout.

That would take Ethereum price to as high as $22,000 per ETH.

Ethereum

Conclusion: Is Ethereum a Good Investment
and How Much Will ETH Be Worth?

There’s no denying that Ethereum is a very special technology that could completely change the world as more and more is built on top of the smart contract focused protocol. Due to this, experts and analysts are both expecting Ethereum projected growth to reach extreme highs. It is currently (8 May,2021) trading at about $3,486.23, down slightly from the new peak set in 2021.

Using the table below, you can get an easy top-down look at the minimum and maximum price forecast for Ethereum and use it to understand what is possible in terms of highs and lows.

With the asset’s price rising and falling to such highs and lows, Ethereum is an especially great asset for traders who can take advantage of these price swings with a long or short position.

Traders can take advantage of such tools provided by trading platforms like PrimeXBT, and open positions with up to 100x leverage on either the ETH/USD pair, or the ETH/BTC pair.

PrimeXBT offers Ethereum alongside other popular cryptocurrencies Bitcoin, Litecoin, Ripple, and EOS, as well as traditional assets such as the most popular forex currencies, commodities, stock indices, and spot contracts for gold and silver.

With Ethereum showing so much promise, having the support from the entire crypto development industry, and is lauded by industry experts and technical analysts alike, it’s easy to understand why Ethereum can be a great investment given the expectations and predictions of not only its price but its potential as a technology.

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The recipient acknowledges and agrees that by their very nature any investment in a financial instrument is of a random nature and therefore any such investment constitutes a risky investment for which the recipient is solely responsible. It is specified that the past performance of a financial product does not prejudge in any way their future performance.