ETH is witnessing a massive pump this year and hopefully I wish it to continue, if the bulls continue to reach the next level resistance it may $440. However it is important to remember this is just an indicator, I believe it has the capability to reach this value by the end of this year.
For sure there is the possibility for the price of Ethereum to increase to that level. The price has been steady up this month and this might trigger a FOMO and a lot of people will rush to buy, thereby leading the asset to a bull run. The BTC halving is in few days, what kind of effect is it going to have in the cryptocurrency market, especially with the coins that correlates with BTC, just like ETH.
Well, Ethereum is the best altcoin till date and hence has all it takes to reach that price and even more but as it stands in the crypto space, it is hard or there is no way to accurately predict the future price of coins hence we can only but hope things work accordingly.
For sure, Ethereum is the biggest altcoin in the market. But it doesnt mean that the price will be going up all the time. Around last year Ethereum wasnt really good and there were lots of other altcoins that performed better than it, although they were not able to reach a level to overtake ETH as the number one altcoin in the market.