Ethereum (ETH) Analysis: Expectations for September 2024
Altcoin Analysis: Ethereum's Price Performance
Ethereum’s (ETH) price throughout August has left investors worried owing to the intense volatility. The hope for recovery from September remains high, but BeInCrypto’s analysis suggests a different direction.
Ethereum May Not See a Rise Above $3,000
Ethereum’s price hovering under $2,800 may continue for the foreseeable future. It might recover to $2,900, but this could be the extent of the altcoin leader’s rise in September. This is because experts are noting a relatively bearish-neutral outlook for ETH.
Market Sentiments and Offloading Risks
According to Alvin Kan, the COO at Bitget Wallet, there is a chance that ETH holders could move to offload their holdings. It’s critical for investors to stay informed as market conditions develop.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.