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RE: LeoThread 2024-12-17 14:54

in LeoFinance9 days ago

Part 4/8:

Price Predictions: Scenarios and Possibilities

When considering ETH's future, various scenarios emerge, ranging from dire to optimistic. The most pessimistic perspective suggests that ETH may continue to suffer against BTC, failing to break its cyclical underperformance, and potentially facing a significant decline. Yet, there are brighter outlooks on the horizon.

Assuming the right conditions, particularly a high-timeframe candle closure above $4,875—the previously established all-time high—there is some optimism that ETH might soar to unprecedented levels. In truth, with no historical resistance levels to contend with beyond that point, the potential for rapid price discovery could see ETH's price reach surprising new heights.