ETH (Ethereum) forecast for 2024

Welcome to the crypto website. My name is Victor, here is my description on the topic: ETH (Ethereum) forecast for 2024 #ETH-USDT, using the TradingView service. Read and write comments to this post, Ethereum-2

ETH (Ethereum) forecast for 2024

Hello everyone, I’m Victor from the CryptoViktor UA channel, and today I want to share with you a detailed analysis and forecast for Ethereum (ETH) for 2024. This is not just another video about cryptocurrencies, but an in-depth analysis of ETH that may be of interest to you.

Fundamental analysis of ETH (Ethereum)

Ethereum remains one of the most important assets in the crypto world, not only as a currency but also as a platform for developing decentralised applications. Due to the transition to Ethereum 2.0 and the introduction of PoS (Proof of Stake), the network is expected to increase efficiency and reduce energy consumption, which can be a significant catalyst for price growth.

Technical analytics of ETH (Ethereum)

On technical charts, ETH shows some signs of recovery after significant corrections in the past. By analysing the price movement patterns and using indicators such as RSI and MACD, it is possible to make assumptions about potential entry and exit points for investors.

My ETH (Ethereum) forecast for 2024 (not an advice)

Personally, I believe that 2024 promises to be a turning point for Ethereum. Given the technical updates, fundamentals, and growing interest in defs and NFTs, I expect a positive movement in the ETH price. However, let’s not forget about the volatility of the crypto market and potential risks.

Always remember that my analysis and forecasts are not financial advice. Investing in cryptocurrencies is a high-risk endeavour, and you should do your own research and make decisions carefully.