Ethereum Price Prediction: Analysts See 60% Upside Potential for ETH. But is this pre-sale one of the best AI coins you can buy right now?

adminDecember 22, 2023

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Ethereum price has been trading down 1% over the last 24 hours. $2,220 10 AM EST.

However, cryptocurrency analyst Ali Martinez said that ETH, an intelligent contract platform, is seeing significant upside.

Martinez argues that the current value of ETH could increase by 60% after a period of accumulation, which could be marked by a surge in asset acquisition by a larger group of individuals.

#Ethereum It is currently retesting the breakout area in the ascending triangle, hinting at preparations for further upside.
The price range between $2,150 and $1,900 can be an ideal area to accumulate transfers. #ETH I set a higher goal of $3,500. pic.twitter.com/6lGZT0ZKgv
— Ali (@ali_charts) December 20, 2023

Ethereum price prediction

Looking at the 1-hour ETH/USD chart, the future Ethereum price trajectory is uncertain as the Relative Strength Index indicator moves north. In contrast, the MACD indicator shows a movement between bullish and bearish trends towards the red zone.

Ethereum price is also within a range, showing the possibility of a breakout either way.

Ethereum price is highly volatile, as can be seen from the currently diverging Bollinger Bands. This can be attributed to increased trading activity, with ETH trading volume surging 26% in the last 24 hours.

1-hour ETH/USD chart | source: TradingView

However, the price of Ethereum is more likely to rise, as can be seen by the increasing number of addresses on Ethereum. This means increased interest in Ethereum, which could contribute to rising prices.

#Ethereum The network is showing strong signs of expansion! The number of new cases continues to increase $ETH Addresses that consistently hit record highs are a bullish sign.
This increased network activity could set the stage for: #ETH Prices will soon resume their upward trajectory! pic.twitter.com/eYX4HUGOhE
— Ali (@ali_charts) December 20, 2023

Investors looking for more potential upside should take note of yPredict’s YPRED presale. It is widely regarded as an outstanding AI token, having raised $5.6 million in pre-sale.

🚀 Exciting news from the cryptocurrency world! 🌐🔮
yPredict (YPRED) presale surpasses $5.5M, with only $1M left to reach $6.5M hard cap! 🚀
🤖 AI-powered trading tools
💡 Data-driven insights for traders
💰 Staking rewards up to 45%
📈 Listed at pre-sale price $0.11 – $0.12… pic.twitter.com/FnUxZTjJLk
— yPredict.ai (@yPredict_ai) December 16, 2023

Ethereum Price Prediction: Is YPRED a Better Investment?

yPredict emerged as a game changer by leveraging the power of artificial intelligence on the Polygon network.

The platform aims to provide institutional-level insights to retail cryptocurrency investors, providing services that include AI-based trading signals, predictive analytics, and a variety of trading tools.

The core of yPredict’s product is a prediction marketplace where data scientists can monetize their custom models. This basic service bridges the gap between retail and institutional investors, providing retail traders with a high level of insight.

yPredict also has an AI section that offers free cryptocurrency price predictions, allowing users to get a glimpse of the platform’s features before opting for a premium service.

center yprediction The ecosystem is YPRED, a utility token that serves as the key to unlock advanced features of the platform. Investors who leverage data scientists’ algorithms on the platform will earn YPRED, creating a mutually beneficial relationship.

To incentivize token holders, yPredict offers up to 45% staking rewards every quarter, contributing to network growth while providing a passive income stream.

Notable figures in the cryptocurrency industry such as Jacob Bury predict that the token will have a significant advantage upon listing.

In the rapidly growing space where blockchain and artificial intelligence meet, yPredict emphasizes predictive analytics and trading solutions. The platform’s experienced team of AI, finance and cryptocurrency experts positions yPredict as a strong player in the market.

Pre-sale Success: Fueling Growth for the Future

With $5.6 million in pre-sale support, yPredict has secured significant funding to strengthen its platform and improve its AI models.

yPredict appears poised for continued long-term growth as investors increasingly seek an analytical advantage in the turbulent cryptocurrency market.

yPredict’s YPRED pre-sale is a significant milestone, providing investors with enhanced trading capabilities powered by cutting-edge AI.

As the platform continues to evolve, its exchange listings and strong ecosystem, fueled by YPRED token positions, predict a promising future for cryptocurrency intelligence.

To purchase YPRED: Visit yPredict here..