Ether Predicted to Hit $4,900 Soon by Tom Lee’s Fundstrat
Ether is expected to hit $4,900 in the near future. Because of the burgeoning decentralised financial industry, research boutique Fundstrat forecasts that the price of Ethereum, the second-largest cryptocurrency, may exceed $4,900 in the near future.
If Ether manages to break through the $4,030 price barrier, bulls can set their eyes on a new all-time high. According to the firm’s experts, fresh momentum may propel the Bitcoin competitor to new highs in this case.
It’s anticipated that September highs should be exceeded, giving way to acceleration back to new all-time highs.– Fundstrat: Tom Lee’s company
It was only on Sept. 3 that ether’s price momentarily reached the critical $4,000 mark, before falling by roughly 33 percent in less than three weeks.