A crypto analyst predicts a bullish swing for Ethereum (ETH)
A popular crypto analyst, known as Pentoshi, has recently shared insights indicating that Ethereum (ETH) is poised for a significant upward movement in the near future.
According to Pentoshi, who has a substantial following on X, Ethereum, the second-largest cryptocurrency by volume, is expected to reach a price target of $3,300. While no specific timeline was provided, the analyst believes that ETH is on track for a major surge.
Earlier predictions from Pentoshi suggested that Ethereum would hit $2,800 during its current uptrend. The analyst advised that buying opportunities may arise during temporary price dips.
While Ethereum has not yet reached the $2,800 mark as predicted by Pentoshi, it came close, peaking around $2,700. Currently, ETH is trading at $2,577, showing a 3.5% decrease in the last 24 hours.
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