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The Ethereum price over the last 24 hours has jumped by 6%, with its move to $ 2,403 coming as a crypto market reacts to the former A hunter report in the Middle East.
ETH is now 6.5% per week AO 10% in fortnight, while the second largest coin on the market also suffers from 29% decrease per month.
It is a disappointment for such a fundamentally healthy cryptocurrency, but today’s elevator has provided ETH a bull conversion that could be the beginning of something big.
And with Ethereum is looking forward to several important upgrades this year, Long -term prediction of the Ethereum price It still looks very promising.
After a few weeks, ETH now decreases for a permanent period of growth, with its indicators moving to bull positions.
His RSI (Purple) has been reflected from 30 levels and has enough space to continue climbing before entering the converted position.
At the same time, the gliding average convergence of Ethereum, which has equalized, which means that it will also start to rise again.
This means that now is a very suitable moment at which you can buy ETH, and it seems that Whales began to accumulate token againJudging by recent gears.
Indeed, if We look at available institutional dataWe can see that Ethereum had a tide of $ 123.8 million in seven days to 23 June.
This is comfortable in second place (for bitcoins), far from the rival sola, who was only $ 2.8 million in the same period in the same period.
It is a turnover, today it is largely the result of a ceasefire between Iran and Israel, and if it can form a basis for permanent peace in the region, then Ethereum and the wider market can continue to rise in the near and medium term.
The situation, of course, remains very fine, with violations They already appear.
However, the case is that the Ethereum is still in a heavily sold position, so that in the medium and long -term horizon should continue to recover.
Its foundations probably remain the best of any other token than bitcoins, with a network Introduction Important upgrade Pectra last monthas well as Looking forward to several others on the horizon.
As a result, we can expect the Ethereum price to return to $ 2,500 in the next few weeks before hitting $ 3,000 by the end of July.
As strong as Ethereum is likely to remain in the foreseeable future, there will be other altcoins that will overcome the market in the coming months.
Some of them will be pre -sales coins that can often create a lot of momentum during the sale, first acquainting.
For example, SOLAXY (SOLX) is currently up to 42% in 24 hours, when writing, which was started yesterday after an extremely successful increase.
And one ongoing sale that looks promising belongs to Snorter (Snort), Trading Bot project This has currently received $ 1.2 million in its ongoing ICO.
With more than 12,000 followers on x Snorter is already building a community, while investors are enthusiastic about the proposal of their business shoe.
Her shoes provide automated shelling users, allowing them to buy new new coins before they are too expensive.
Other features include atomic swaps, copies trading, order restrictions and protection against rugpulls and Honeypots.
As a result, Snorter is one of the most complex business robots on the market, with the native token snorting fees.
The holders will also be able to bet snorting, which will run on the Blockchains Ethereum and Solan, which will give it a wide clock.
Inteeded investors can connect to the sale of coins by going Snorter websitewhere it currently costs $ 0.0961.
It will increase again tomorrow and will continue to grow until the sale is not over.
Contribution Prediction Ethereum: Is ETH a pump on the horizon because the ceasefire relieves geopolitical tension? He appeared for the first time Cryptonews.