Crypto Analyst Makes Interesting Ethereum Price Prediction

A well-known crypto analyst, Pentoshi, has sparked interest with a bold prediction regarding Ethereum (ETH).

He believes Ethereum could see a notable rally, potentially surpassing its previous all-time high.

According to Pentoshi, Ethereum is likely to outperform Bitcoin (ETH/BTC) in the short term, with the altcoin gaining approximately 20% from recent lows while Bitcoin has remained relatively stable.

While some traders may panic over even minor declines, Pentoshi suggests that trends develop gradually, and there’s no reason to alter his positive outlook on Ethereum for now.

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The analyst foresees Ethereum pushing past the $4,000 level, turning it into support. If this happens, he believes the next major target could be the $4,800 mark, which represents ETH’s previous all-time high.

He also points out that Ethereum has spent little time trading above these levels, which could lead to minimal resistance as it moves toward this target.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.