Ethereum Price Prediction: Expert Forecasts $5,400 as New Target

Following a historic surge that pushed Ethereum’s price to a new all-time high, analysts are predicting further gains for the cryptocurrency. One prominent analyst has pointed out a potential target of $5,400 based on market indicators. This prediction comes after the crypto market saw a significant boost following the hint by Federal Reserve Chair Jerome Powell about a potential rate cut in September’s FOMC meeting.