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Crypto Analyst Predicts a $14,000 Extreme Bull Run For Ethereum in Q4 2021 -Breaking

by Mike Robinson

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© Reuters. Crypto Analyst predicts an extreme bull run for Ethereum of $14,000 in Quarter 4 2021
  • New highs.
  • Analyst in crypto says Ethereum is still very much in its early stages.
  • If the trend of 2017 continues, ETH might reach $14,000+ very soon.

Many analysts have already begun to sketch a picture about what could or might not occur in this fourth quarter as the year draws near. Analysts are also speculated about what the future holds for crypto. On that note, crypto technical and on-chain data analyst — Mathew Hyland, is very optimistic about Ethereum and we are here for it.

Ethereum’s development is still in its early stages, according to the trader and hodler. We can see that Ethereum will break even more barriers, given the rallying crypto market for many of these altcoins. Everybody has different opinions about the cryptocurrency market right now.

Although many predict a large swing, others believe the bullish market may plunge to a depth that will be difficult for the crypto community to recover.

Coming back, Hyland believes ETH’s extreme move is coming. He envisions ETH reaching $14,000+. In 2017, Ethereum was valued at between $1.272 and $1,290. If this trend continues in 2021, the Ethereum price could rise.

People started talking about Ethereum after the tweet. Some are with him on his opinion, with one comment saying that “all you guys doubting, act like it never happened before. Since everything has been repeated before now, the result must be different from your POV. [point of view].” He continues by saying that he is with Hyland on his prediction.

Another says he has a $40,000-$50,000 target in mind but he won’t really believe it unless a 2013-2014 bull style run with two major peaks happens. Additionally, one visionalist opines that Metaverse ‘Meta’ is using ETH currencies. In addition, ETF’s launching for Ethereum (ETH) next year will make the price go parabolic.

Others feel that there are better Layer 1 options out there and Ethereum might not be able to reach this target. Another observer thinks that the chart is positive. He is pleased the pair ETH/USDT is performing well, but only sees an increase of $6-$7.

The price of Ethereum jumped to $4591.84 in the last 24 hours after surpassing its $4,400 all-time record. Similar to that, trading volume increased 23.27%. It is impossible to know what the future holds because of market volatility. Therefore, it is difficult for anyone to predict the future.

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