Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally

Quick Summary:

This projection suggests a near doubling of Ethereum’s current price if this trend materializes.$ETH (Ethereum) looks to have replicated a pattern from 2023 that led into an over +165% climb and it’s looking to be “GO TIME 🏁” again! 2023 looks to have been the blueprint for another massive upside that can be soon transpiring in this crypto market.Target is at $4,723.5… pic.twitter.com/a1ePw6wpF3 — JAVON⚡️MARKS (@JavonTM1) September 15, 2024 Despite this optimistic forecast, Ethereum’s recent market performance has shown bearish tendencies.

In the post on X, he states, “ETH looks to have replicated a pattern from 2023 that led into an over +165% climb, and it’s looking to be ‘GO TIME’ again.” Marks has set a target price of $4,723.5, adding that a break above this price mark could bring in the possibility of Ethereum reaching above $8,100.

In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price surge similar to a pattern witnessed in 2023.

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets: United KingdomNorth Korea

Topics: Crypto Ethereum Ethereum Analysis ETHUSDT Ethereum Market Ethereum price prediction ETH Ethereum Altcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 03:00:49 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 22558103

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