Bitcoin, the leading cryptocurrency, rose to $44,500 with the rise, thus mobilizing altcoins.
At this point, the largest altcoin Ethereum price also joined the BTC rally and rose above $ 2,300.
While investors were waiting for further rises, an Ethereum post came from experienced trader and analyst Peter Brandt.
The master analyst, who made three predictions for the ETH price, asked his followers which of these predictions was most likely to come true.
The items of the survey opened by Peter Brandt are as follows; ETH price may drop to $900, rise to $3,300, or as the third prediction, ETH price is still evolving and still not moving in a pattern, trying to find a pattern.
According to Brandt's third option, the ETH price remains uncertain for now.
While 22.9% of respondents said they thought it could drop to the initial estimate of $900, 61.2% of respondents thought the ETH price could reach the $3,300 target.
Finally, 15.9% of the survey participants stated that they think that the ETH price is still developing and its direction is not yet clear.
ETH continues to trade at $2,254 at the time of writing.
Will $ETH soon be emerging from the shadows?
There are at least three narratives possible. Which one, oh verified geniuses?— Peter Brandt (@PeterLBrandt) December 6, 2023
*This is not investment advice.
