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November 8, 2023

Crypto Analysts Predict Surge in Ethereum Price, Targeting $2,400

Thando Dlamini
Written byThando DlaminiWriter
Researched byNikos PapadopoulosResearcher

Crypto analysts are predicting a surge in the price of Ethereum (ETH) in the coming months. According to a chart shared by pseudonymous trader Bluntz, ETH is expected to experience a brief correction before jumping to nearly $2,400. Bluntz advises investors to take advantage of any dips in price below $1,720 to accumulate more ETH. Fellow trader Credible Crypto shares a similar outlook, stating that ETH is unlikely to drop below $1,500 again. However, both analysts believe that a pullback may occur before the price continues to rise. They anticipate ETH reaching $1,700 before heading towards the $2,000 region. It is worth noting that if Bitcoin's price continues to rise, the pullback on ETH may be less likely. Investors are advised to do their own research and exercise caution when investing in cryptocurrencies.

Crypto Analysts Predict Surge in Ethereum Price, Targeting $2,400
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Thando Dlamini
Thando Dlamini
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Thando Dlamini, a vivacious 22-year-old from South Africa, seamlessly blends her love for the vibrant world of online casinos with her meticulous localization skills, making the digital gaming experience truly South African.

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