Crypto Analyst Says Ethereum Will Outperform Bitcoin And Solana, Is $12,000 Possible?

Quick Summary:

According to data from IntoTheBlock, about 51.40% of addresses that bought in between $2,106.27 and $2,855.96 are in losses, not to talk of those that bought above $2,855.96.  Related Reading: Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next Interestingly, @IamCryptoWolf addressed this trend among ETH investors in another post on social media platform X.

Analyst Says Ethereum Will Outperform Bitcoin Ethereum has mostly lagged behind Bitcoin in price performance since the current market cycle began, struggling to gain momentum above the $3,000 mark since July.

Taking to social media platform X, a crypto analyst known pseudonymously as @IamCryptoWolf highlighted that Ethereum is still bullish, with price targets reaching up to $12,000.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Crypto analyst Ethereum Ethereum price ETHUSDT Eth price Crypto Ethusd Crypto news ETH Ethereum news Ethereum Analyst Bitcoin ETH news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 16:00:36 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 65 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23242003

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