{"id":629818,"date":"2024-07-15T21:00:32","date_gmt":"2024-07-15T21:00:32","guid":{"rendered":"https:\/\/ktsl888.com\/?p=629818"},"modified":"2024-07-15T13:36:00","modified_gmt":"2024-07-15T13:36:00","slug":"ethereum-price-headed-to-4000","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-price-headed-to-4000\/","title":{"rendered":"Crypto Analyst Says Ethereum Price Is Headed To $4,000, Here\u2019s Why"},"content":{"rendered":"

Crypto analyst Linda has made a bullish case for <\/span>Ethereum (ETH)<\/span><\/a>, predicting that the second-largest crypto token by market cap <\/span>could rise to $4,000<\/span><\/a>. The analyst also explained what could lead to such a price surge.<\/span><\/p>\n

Why Ethereum Could Reach $4,000<\/h2>\n

In a <\/span>post<\/span><\/a> shared on TradingView, Linda highlighted the potential approval of the <\/span>Spot Ethereum ETFs<\/span><\/a> as one factor that could trigger a move to $4,000 for Ethereum. She noted that the sentiment around these funds is positive, with traders waiting for news from the US <\/span>Securities and Exchange Commission (SEC)<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Accumulation: Who\u2019s Been Buying Up All The BTC Dumped By The German Government?<\/a><\/div>\n

These Spot Ethereum ETFs are expected to be approved anytime soon based on predictions made by market experts, including <\/span>Bloomberg analyst James Seyffart<\/span><\/a>. Similarly to Linda\u2019s prediction, other crypto analysts like <\/span>Michael van de Poppe<\/span><\/a> have predicted that the Spot Ethereum ETFs will spark a massive rally for Ethereum.\u00a0\u00a0<\/span><\/p>\n

Meanwhile, from a technical perspective, Linda noted that Ethereum\u2019s outlook is bullish and supports the crypto token\u2019s potential rise to $4,000. She claimed that the trigger area for buyers was at $3,200. In line with this, she believes that further final <\/span>consolidation<\/span><\/a> of the price above the 200-day moving average and a breakout above $3,200 will \u201cbecome the reason for strengthening,\u201d with a potential price target between $4,000 and $4,800 in sight.\u00a0<\/span><\/p>\n

\"Ethereum
Source: X<\/figcaption><\/figure>\n

On local timeframes, Linda also stated that there are \u201cprerequisites for a bullish mood,\u201d especially on the daily timeframe, where the analyst noted that a rebound from strong support is forming. Based on her analysis, Linda claimed that the overall outlook for Ethereum points to a further rise to $4,000.\u00a0<\/span><\/p>\n

Ethereum\u2019s Chart Identical To Bitcoin\u2019s Before ETF Launch<\/h2>\n

Crypto analyst Crypto Rover<\/span><\/a> recently mentioned that Ethereum\u2019s chart is identical to Bitcoin\u2019s before the <\/span>Spot Bitcoin ETFs<\/span><\/a> launched. Based on this, the crypto analyst was suggesting that Ethereum could make a similar run to the one the flagship crypto enjoyed after the <\/span>Bitcoin ETFs were approved<\/span><\/a>.\u00a0<\/span><\/p>\n

\"Ethereum
Source: X<\/figcaption><\/figure>\n

In another <\/span>X post<\/span><\/a>, the analyst stated that the Spot Ethereum ETFs would be approved, meaning that Ethereum\u2019s price rally could already be on the horizon. ETH\u2019s price surge is expected to happen thanks to the inflows the Spot Ethereum ETFs will record. Crypto research firm K33 <\/span>predicts<\/span><\/a> these funds could attract as much as $4.8 billion in their first five months of trading.<\/span><\/p>\n

Related Reading: Why Did The Cardano Price Surge 17% Amid The Crypto Market Crash?<\/a><\/div>\n

Crypto analyst Leon Waidmann<\/span><\/a> also highlighted how these Spot Ethereum ETFs will spark a massive rally for Ethereum, stating that institutional investors will likely take a huge chunk of Ethereum\u2019s dwindling supply once these funds begin trading.\u00a0<\/span><\/p>\n

At the time of writing, Ethereum is trading at around $3,300, up almost 5% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Ethereum
ETH price surges ahead of Spot ETFs trading | Source: ETHUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Linda has made a bullish case for Ethereum (ETH), predicting that the second-largest crypto token by market cap could rise to $4,000. The analyst also explained what could lead to such a price surge. Why Ethereum Could Reach $4,000 In a post shared on TradingView, Linda highlighted the potential approval of the Spot Ethereum ETFs as one factor that could trigger a move to $4,000 for Ethereum. She noted that the sentiment around these funds is positive, with traders waiting for news from the US Securities and Exchange Commission (SEC).\u00a0 Related Reading: Bitcoin Accumulation: Who\u2019s Been Buying Up All The BTC Dumped By The German Government? These Spot Ethereum ETFs are expected to be approved anytime soon based on predictions made by market experts, including Bloomberg analyst James Seyffart. Similarly to Linda\u2019s prediction, other crypto analysts like Michael van de Poppe have predicted that the Spot Ethereum ETFs will spark a massive rally for Ethereum.\u00a0\u00a0 Meanwhile, from a technical perspective, Linda noted that Ethereum\u2019s outlook is bullish and supports the crypto token\u2019s potential rise to $4,000. She claimed that the trigger area for buyers was at $3,200. In line with this, she believes that further final consolidation of the price above the 200-day moving average and a breakout above $3,200 will \u201cbecome the reason for strengthening,\u201d with a potential price target between $4,000 and $4,800 in sight.\u00a0 On local timeframes, Linda also stated that there are \u201cprerequisites for a bullish mood,\u201d especially on the daily timeframe, where the analyst noted that a rebound from strong support is forming. Based on her analysis, Linda claimed that the overall outlook for Ethereum points to a further rise to $4,000.\u00a0 Ethereum\u2019s Chart Identical To Bitcoin\u2019s Before ETF Launch Crypto analyst Crypto Rover recently mentioned that Ethereum\u2019s chart is identical to Bitcoin\u2019s before the Spot Bitcoin ETFs launched. Based on this, the crypto analyst was suggesting that Ethereum could make a similar run to the one the flagship crypto enjoyed after the Bitcoin ETFs were approved.\u00a0 In another X post, the analyst stated that the Spot Ethereum ETFs would be approved, meaning that Ethereum\u2019s price rally could already be on the horizon. ETH\u2019s price surge is expected to happen thanks to the inflows the Spot Ethereum ETFs will record. Crypto research firm K33 predicts these funds could attract as much as $4.8 billion in their first five months of trading. Related Reading: Why Did The Cardano Price Surge 17% Amid The Crypto Market Crash? Crypto analyst Leon Waidmann also highlighted how these Spot Ethereum ETFs will spark a massive rally for Ethereum, stating that institutional investors will likely take a huge chunk of Ethereum\u2019s dwindling supply once these funds begin trading.\u00a0 At the time of writing, Ethereum is trading at around $3,300, up almost 5% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":629837,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[8323,89213,16163,1946,7931,6931,8686,78803],"class_list":["post-629818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-eth-news","tag-eth-price","tag-ethereum","tag-ethereum-news","tag-ethereum-price","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Says Ethereum Price Is Headed To $4,000, Here\u2019s Why<\/title>\n<meta name=\"description\" content=\"Crypto analyst Linda has made a bullish case for Ethereum, predicting that the second-largest token by market cap could rise to $4,000.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Says Ethereum Price Is Headed To $4,000, Here\u2019s Why","url":"http:\/\/ktsl888.com\/news\/ethereum\/ethereum-price-headed-to-4000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/ethereum\/ethereum-price-headed-to-4000\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/Ethereum_f5df9e.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/Ethereum_f5df9e.jpeg?fit=1792%2C1024"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth","eth news","eth price","ethereum","ethereum news","ethereum price","ethusd","ethusdt"],"dateCreated":"2024-07-15T21:00:32Z","datePublished":"2024-07-15T21:00:32Z","dateModified":"2024-07-15T21:00:32Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Says Ethereum Price Is Headed To $4,000, Here\\u2019s Why\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ethereum\\\/ethereum-price-headed-to-4000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ethereum\\\/ethereum-price-headed-to-4000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Ethereum_f5df9e.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Ethereum_f5df9e.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth\",\"eth news\",\"eth price\",\"ethereum\",\"ethereum news\",\"ethereum price\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2024-07-15T21:00:32Z\",\"datePublished\":\"2024-07-15T21:00:32Z\",\"dateModified\":\"2024-07-15T21:00:32Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/Ethereum_f5df9e.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/629818"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=629818"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/629818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/629837"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=629818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=629818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=629818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}