Hello and welcome back to Crypto Lion. Today, we’ll be looking at some big news about a Ethereum and its possible that ten thousand dollars a Ethereum are a cryptocurrency protocol that is vastly different from Bitcoin, Litecoin, or other payment technologies, giving it additional value and potential. This video will help you understand that potential value through price predictions from experts and analysts alike.
It’s vastly different from other cryptocurrencies, such as Bitcoin Litecoin or even XRP Ethereum as a blockchain protocol for smart contracts and ether, also called H is the native cryptocurrency that powers the theory and blockchain Ethereum or on smart contracts on what it calls the ethereal virtual machine, which is essentially a supercomputer built on the blockchain because of its unique structure and is the first of its kind. Ethereum price predictions can be extremely high, with so many investors and industry experts believing in a theory and growth in the long term, it’s projected.
Growth as a network is also high as the blockchain is not only used for smart contracts and transactions but actual crypto assets are often built on a theme’s blockchain, giving it added value. As speculation around the future of the crypto market is positive because there’s so much positivity surrounding cryptocurrency is and a theory potential is so high, many are left wondering will Ethereum rise like Bitcoin and how high can the price of Ethereum go? Well, this video will help paint a clearer picture of estimated growth and the projected value of Ethereum over the years. Following the success of Bitcoin, a young programmer named Vitaly Libertarian became interested in the new financial technology and decided that the idea and concept could be improved upon and serve additional purposes beyond just a payments technology. Theorems blockchain can run smart contracts or computer code designed to run a certain way autonomously thus far.
Smart contracts have been primarily used to run DPS, also called decentralized applications such as crypto kiddies and others.
The smart contracts have been programmed to act as a sort of trophy proving ownership. This is unique in the world of digital technologies as it allows the owner of the trophy to transfer ownership using the smart contract via the theory and blockchain. The development was entirely funded by a crude sale that resulted in seventy-two million pre-mined coins reaching the hands of long-term holders in twenty sixteen and exploited in the Dow project, a decentralized autonomous organization that resulted in over fifty million dollars worth of the Ethereum supply being stolen. Ethereum was later split into two separate blockchains, resulting in the new version becoming the true Ethereum with the coin ticker.
While the original blockchain continued on as a theory and classic with the coin ticker. Later, the Enterprise Ethereum Alliance was founded to help develop standards for use across the Ethereum blockchain, such as the RC 20 standard that is used to develop new tokens operating on the theory and protocol. It was actually a theorem ability to help launch a new crypto project as early twenty tokens what was called the initial coin, offering an early way for projects to raise capital via crowdfunding, where the investors received a portion of the coins for their initial investment. Much of the new tokens created could only be invested in through an exchange of Ethereum, which caused the assets price to skyrocket at the height of the crypto bubble by retail investors seeking to strike it rich by finding the next Bitcoin at its earliest investment stages.
However, the crypto hype bubble popped, and many of the projects built on a theory and failed due to no fault of a theory.
However, the negative sentiment surrounding other altcoins and these new isco born crypto tokens come to theorems price to fall as well. Ethereum started its life much under one dollar and was only spare change for during the crowd sale. In just a year’s time, it reached a high price of one thousand four hundred forty-eight dollars, driven largely due to the boom, and was extremely profitable for early investors after regulators began to crack down on ICOS, calling them unregistered securities sales, Ethereum was used less and less for this purpose. However, this was due to the echo boom ending and not due to a theory of long-term price potential or projected growth. Aside from ICOS keeping the price going down, Noon’s has been otherwise extremely positive, and speculation suggests that a theorems future is incredibly bright and will perform successfully as an investment asset and has a solid long-term value projection.
However, by far the biggest potential for a Ethereum is the massive growth of decentralized finance, also called defy. This has dramatically increased the demand for a theory. In recent months and has helped the old coins set a new all-time high and above one thousand four hundred and seventy-eight dollars. A Ethereum is among the most interesting pieces of technology ever to exist and has garnered the support and interest from some of the best and brightest entrepreneurs of the tech and finance industries.
Here’s just a sample of some of the industry experts who believe that a Ethereum price will go up.
Simon DenTek, the co-founder of Blackfire and managing partner at Moonrocks Capital, sees a bright, long-term future for a theory and estimates the asset could someday be worth as much as nine thousand dollars per token. He also sees Bitcoin at one hundred and fifty thousand and Hlinka two hundred dollars per token. At the same time, Ethereum reaches such prices. James D’Addario, the managing partner at Blacktown Capital, also sees a theory at nine thousand dollars per token but doesn’t make that call outright. Instead, the investor says Etherial will reach a one trillion dollar market cap due to the surge into centralized finance.
It just so happens that based on math and the theory of supply, this sums up to nine thousand dollars per coin matching Derek’s prediction. But what is the past? The theory and predictions got it right, although making accurate predictions is difficult. Many have actually done it and had their forecasts come true. Many of these predictions have been smashed by these unstoppable crypto assets, which suggests that despite lofty future predictions, they are very well possible.
Andrew Keyes, the director of communications at Consensus and cofounding member of Consensus Enterprise, while in an interview with Coin Desk, predicted that a Ethereum would reach a price of one dollar and 15 cents by the 29th of February twenty sixteen two weeks into 2016. The prediction came true and it started off a parabolic rally that took the asset over one thousand four hundred dollars.
Mike Novogratz, Galaxy Digital founder, and hedge fund manager. A billionaire Bitcoin bull had called for a Ethereum to rise by twenty-five percent in late November, despite the asset rocketing to a then-high of four hundred and twenty-five dollars. Not only was he right in saying it would happen before New Year’s Eve in twenty seventeen, but it also risen over 50 percent instead into the first couple of weeks of the New Year.
Ethereum kept going, reaching an all-time high of one thousand four hundred dollars and rising over 200 percent from Novogratz’s prediction. Unlike Bitcoin or Litecoin Ethereum supplies and hard. An additional Etherial can be created either as a market price currently of roughly one thousand three hundred and twenty-five dollars, down from the new all-time high set in twenty twenty-one.
Ethereum has only been in the market for a few years and lacks much price history, which is part of the reason that it was able to retrace to the current lows popular support has never built during its parabolic rise in twenty seventeen. But as a theory and forecast improve again and as its price increases, it will build support and the only questions remaining will be will it reach ten thousand dollars?
And will Ethereum rise like bitcoin? Long-term price prediction suggests that not only can an Ethereum reach ten thousand dollars, but it will also reach prices well above that in the future after breaking above its previous all-time high. Here are some technical analyses and price predictions. While anyone can see that Ethereum as an investment holds much promise and will surely reward investors with all the support and potential has, it’s not always clear exactly what prices that A may reach and when.
Technical analysis from the industry’s best analysts has been gathered to help understand if some of the price predictions from experts match with the charts are saying, Ethereum has already claimed a new all-time high in twenty twenty-one and the sky is now the limit, it seems there’s still a risk of a double top pattern if a severe correction happens at current levels, but a breakout hires do any day.
Most analysts are expecting a theory and price to double now that a new record is set. However, the height of the previous base structure is targeting a one thousand three hundred percent rise from the point of breakout. That would take a theory I’m surprised too as high as twenty-five thousand dollars per coin for twenty twenty-two to twenty twenty-three.
Ethereum is following alongside an early Bitcoin fractal showing similar investor behavior and price patterns. Bitcoin triple bottomed while Ethereum has formed a double bottom, a similar trajectory as bitcoins would take the price per Ethereum to as high as seventy thousand dollars per coin at the peak of the next bull market for price predictions for twenty, twenty-four, and twenty twenty-five and beyond.
Continuing to follow along with Bitcoin’s trajectory isn’t all positive for Ethereum continuing the roadmap. The fractal presents would take Ethereum to another bear market come twenty twenty-four and begin to break out, starting in twenty twenty-five into a new bull market. Once again, this chart shows that Ethereum has reached an important zone as it may have a breakout and might reach the targets of two thousand or two thousand four hundred. If the channel breaks, it might have to retest after reaching two thousand.
Then after the completion of the retest, it might reach two thousand four hundred.
With the highest price rising and falling to such highs and lows. Ethereum is an especially great asset for traders who can take advantage of these price swings with a long or short position. There’s no denying that Ethereum is a very special technology that could completely change the world as more and more is built on top of the smart, contract-focused protocol.
Due to this, experts and analysts are both expecting a theory and projected growth to reach extreme highs. It’s currently trading at about one thousand three hundred twenty-five dollars, down slightly from its new peak set in twenty twenty-one.
But with Ethereum showing so much promise, having the support from the entire crypto development industry, and being lauded by industry experts and technical analysts alike, it’s easy to understand why Ethereum can be a great investment given the expectations and predictions of not only its price but its potential as a technology. We hope you enjoyed this video. If you did, please don’t forget to give it a thumbs up and hit that subscribe button as well. Would you like to know more about a theory? Let us know in the comments below while you here.
Read More: Litecoin LTC Price Prediction 2021