Ethereum’s Price Potential: Expert Analysis

Analyst Mark Newton, known for accurately predicting Ethereum’s short-term low at $4,070 last week, believes the current price point presents a favorable risk-reward ratio. According to Newton, unless the bullish trend is disrupted, Ethereum is unlikely to see another dip below $4,067. He anticipates that Ethereum will find support around $4,300 before initiating a rebound. This rebound could potentially propel Ethereum towards new highs, exceeding $5,100 and pushing towards the $5,400-$5,450 range – a significant development for the cryptocurrency.