Ethereum

Cryptocurrency

Solana

Dogecoin

<div class="finbold">
 <p class="paragraph">Although the general sentiment for the global crypto market remains floating between bearish to neutral, September ended slightly positive for most cryptocurrencies, including for the leading layer-1 blockchain for Web3, DeFi, and DApps: Ethereum (ETH).</p>
 <div></div>
 <p class="paragraph">Ethereum’s landscape has changed a lot in the last few years, which most supporters see with enthusiasm for long-term projections to the second-largest cryptocurrency by market cap.</p>
 <p class="paragraph">From the implementation of a burning mechanism for a portion of gas fees to the migration for a more efficient consensus algorithm with the Proof-of-Stake (PoS), the Ethereum Network has grown in value for its users and investors.</p>
 <p class="paragraph">In this context, Finbold has checked what the expected outcome for ETH is — <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> regarding. Data retrieved on October 4, from <em>CoinCodex</em>‘s AI-powered <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> prediction algorithms shows a positive <a rel="noopener noreferrer nofollow" title="forecast" href="https://thebittimes.com/tag/forecast.html">forecast</a> for Ethereum from now to December 31, 2023.</p>
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/04/22dd11179690bc2c5d85ffa1c3c00930.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Stocks 
       <h3 class="font-bold leading-6 " id="can-amazon-s-ads-streaming-boost-its-stock-to-hit-the-176-target-price">Can Amazon's Ads streaming boost its stock to hit the $176 target price?</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/04/e8f8ef8ae2e8d75b798b5ce7952af00c.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Stocks 
       <h3 class="font-bold leading-6 " id="3-reasons-to-buy-microsoft-stock-right-now">3 reasons to buy Microsoft stock right now</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/04/ca584160b6df2fa5d3ae8d2e0bfec39a.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="ai-forecasts-solana-price-for-the-end-of-2023">AI forecasts Solana price for the end of 2023</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/04/c6803d4c7df8e0fa10c4e23bc5742ef4.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="ai-forecasts-dogecoin-price-for-the-end-of-2023">AI forecasts Dogecoin price for the end of 2023</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/04/68b786b7694c64ccea8ae205dacd53f5.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="su-zhu-arrested-what-does-3ac-s-co-founder-crypto-wallet-tell-us">Su Zhu Arrested: What does 3AC’s co-founder crypto wallet tell us?</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">Notably, the artificial intelligence sets a <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $2,553.14 for ETH by the end of 2023. This <a rel="noopener noreferrer nofollow" title="forecast" href="https://thebittimes.com/tag/forecast.html">forecast</a> represents an increase superior to 50% in Ethereum’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> from the <em>CoinCodex</em> index’s current <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $1,653.12.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="547" src="https://cdn.thebittimes.com/images/2023/10/04/7f25fc4ae92994e23d380bc291fd661e.webp" alt="Ethereum price forecast for the end of 2023" class="wp-image-131263" srcset="https://cdn.thebittimes.com/images/2023/10/04/7f25fc4ae92994e23d380bc291fd661e.webp 1024w, https://cdn.thebittimes.com/images/2023/10/04/7f25fc4ae92994e23d380bc291fd661e.webp 300w, https://cdn.thebittimes.com/images/2023/10/04/7f25fc4ae92994e23d380bc291fd661e.webp 768w, https://cdn.thebittimes.com/images/2023/10/04/7f25fc4ae92994e23d380bc291fd661e.webp 1280w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Ethereum price forecast for the end of 2023. Source: <em>CoinCodex</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-eth-price-forecast-for-2024">ETH price forecast for 2024</h2>
 <p class="paragraph">Despite seeing a favorable bull market for ETH for the next months, the AI’s short-term perception is still considering “It’s now a bad time to buy Ethereum”. This happens due to 19 out of 30 green days for the leading Web3 asset, with two major price resistances at $1,650 and $1,805 with the 50-day and the 200-day SMAs, respectively.</p>
 <p class="paragraph">Nevertheless, the artificial intelligence predicts Ethereum to reach $3,243 in the next six months, for close to 100% in gains from current prices at the time of publication. Additionally, <em>CoinCodex</em>‘s price prediction algorithms also believe ETH will be trading as high as $5,000 a year from now.</p>
 <p class="paragraph">All things considered, this <a rel="noopener noreferrer nofollow" title="forecast" href="https://thebittimes.com/tag/forecast.html">forecast</a> mostly considers technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> indicators and general market sentiment, and can not be considered in a vacuum. The ability of Ethereum’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> to meet the above prediction will deeply depend on further developments, news, and macroeconomics that are yet to come.</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ai-forecasts-ethereum-price-for-the-end-of-2023-tbt65107.html">https://thebittimes.com/ai-forecasts-ethereum-price-for-the-end-of-2023-tbt65107.html</a></p>

AI forecasts Ethereum price for the end of 2023

목차

TheBitTimes

2023년 10월 4일에 게재된 다른 기사

MATIC Whale Makes Biggest Move Since July, Price Spikes 4%

ETH Could Retest $1,580 Support If Sell-Off Fears Persist

Ripple Scores Full Digital Payment License in Singapore

Crypto Miners Add Fuel to the Climate Crisis

Uzbekistan introduces new crypto mining regulations

The Breathtaking Acceleration of Bitcoin Spark’s ICO in Bear Market Could Mean Massive Profit

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!