Ethereum

Parabolic

Bitcoin ETF

Read

Gains

<ul> 
 <li>Despite market volatility, Ethereum (ETH) surged 3.1% to over $3,500, showing remarkable resilience.</li> 
 <li>Analysts predict Ethereum could rally to $4,723.5 or higher, with a surge to $6,300 by late July 2024.</li> 
 <li>4lMt Gox sell offs and German dumping caused turbulence, but the market is recovering.</li> 
</ul> 
<p>Following a dip in the general crypto market, <a href="https://cryptonewsland.com/ethereums-market-structure-hints-at-potential-surge-to-7500-analyst-says/">Ethereum has shown remarkable </a><a href="https://cryptonewsland.com/ethereums-market-structure-hints-at-potential-surge-to-7500-analyst-says/" target="_blank" rel="noreferrer noopener">resilience</a> by regaining footing. The world’s second-largest cryptocurrency by market capitalization has surged by 3.1% in the past 24 hours, bringing its price to just above $3,500.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> (Ethereum)'s $4,723.5 target goes UNCHANGED, meaning a near +60% upside from here could still take place, and prices may be poised for even more… <a href="https://t.co/XXNLUGyvNy">https://t.co/XXNLUGyvNy</a></p>— JAVON
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;">MARKS (@JavonTM1) <a href="https://twitter.com/JavonTM1/status/1809240891816624237?ref_src=twsrc%5Etfw">July 5, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>This positive momentum comes after the <a href="https://www.sec.gov/">U.S. Securities and Exchange </a><a href="https://www.sec.gov/" target="_blank" rel="noreferrer noopener nofollow">Commission</a> (SEC) dropped its investigation into Ethereum without filing any charges. The SEC’s decision to close the investigation has provided a much-needed boost to the crypto market.&nbsp;</p> 
<p>Investors and traders had been closely monitoring the situation, fearing potential regulatory action against Ethereum. However, the lack of charges has alleviated concerns and allowed ETH to recover.</p> 
<p>Despite the recent volatility, Ethereum’s overall performance remains impressive. The price of Ethereum has increased by 13.8%. over the past month. This resilience signals growing confidence in Ethereum’s long-term potential.</p> 
<p>Bitcoin (BTC) is trading at $56,744 after gaining by 2.68% in the past 24 hours. The bullish sentiment from traders has contributed to this upward trend amid a 6.9% weekly dip.</p> 
<p><a href="https://twitter.com/javontm1?lang=en">Javon </a><a href="https://twitter.com/javontm1?lang=en" target="_blank" rel="noreferrer noopener nofollow">Marks</a>, a crypto analyst, believes that Ethereum might rally to $4,723.5 or higher. Additionally, longer-term forecasts for Ethereum are optimistic.&nbsp;</p> 
<p>Some analysts predict a surge to over $6,300 by late July 2024, followed by a temporary dip to $3,700 before rallying to peak above $7,300 in March 2025.&nbsp;</p> 
<p>The <a href="https://cryptonewsland.com/bitcoin-sinks-to-55000-amid-mt-gox-sell-off/">Mt Gox anticipated </a><a href="https://cryptonewsland.com/bitcoin-sinks-to-55000-amid-mt-gox-sell-off/" target="_blank" rel="noreferrer noopener">selloffs</a> and German dumping have significantly contributed to the recent crypto market turbulence. However, the market is regaining steadily as the dust settles.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also&nbsp;</h4> 
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/renowned-crypto-investor-offers-insights-on-bitcoin-dip-and-halving-event/">Renowned Crypto Investor Offers Insights on Bitcoin Dip and Halving Event</a></li> 
 <li><a href="https://cryptonewsland.com/seasoned-trader-preaches-the-need-for-courage-to-buy-dips-in-a-bullish-market-followed-closely-by-patience/">Seasoned Trader Preaches the need for Courage to Buy Dips in a Bullish Market, Followed Closely by Patience</a></li> 
 <li><a href="https://cryptonewsland.com/bitcoins-bullish-turn-after-the-23-5k-dip-what-to-expect/">Bitcoin’s Bullish Turn After the $23.5K Dip: What to Expect?</a></li> 
 <li><a href="https://cryptonewsland.com/market-manipulation-bitcoin-etf-outflows-fud-rising-crypto-dip-barrels-on-parabolic-trend-on-the-horizon/">Market Manipulation, Bitcoin ETF Outflows, FUD Rising; Crypto Dip Barrels on, Parabolic Trend on the Horizon</a></li> 
 <li><a href="https://cryptonewsland.com/crypto-market-suffers-huge-crash-heres-why/">Crypto Market Suffers Huge Crash. Here’s Why.</a></li> 
</ul> 
<p>The post <a href="https://cryptonewsland.com/ethereum-gains-3-after-significant-dip/">Ethereum Gains 3% After a Significant Dip, What Should Investors Expect?</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Ethereum Gains 3% After a Significant Dip, What Should Investors Expect?

Crypto News Land

Další články publikované 6. 7. 2024

MoonBag Crypto Achieves New Heights with $3.2M Milestone During Presale As BlastUP And Bitget Tok...

NFT Sales Surge 28% in Q2 2024 Amid Bitcoin Decline: Reports

Is Solana Ready to Rebound Above $130?

dogwifhat (WIF) Price Prediction After 25% Price Rally: What Next

MoonBag Listing on LBank: Is Coinbase the Next Stop on this Cosmic Journey?

MATIC’s bear phase confirmed! Is $0.40 next for the altcoin?

Join our free newsletter for daily crypto updates!