Quote from: Out of mind on December 13, 2023, 03:05:28 PM

Quote from: hack3rcon on December 07, 2023, 06:11:38 AM

Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

We've seen the price of Ethereum already hit $2400 and that's before Christmas. But I believe that with Christmas coming up, the price of Bitcoin and many other coins, including Ethereum, is likely to increase more. ETH is a reliable coin to HODL for the future and can offer high returns. And the value of this coin certainly I think has the potential to touch $3000 before Christmas if it continues to get higher. However, as the current market conditions show that all coins are trending higher and trending towards this or that position, holding Ethereum will give you a profit.

We have seen the Ethereum market drop to $2100 this week due to market volatility. From $2100, the market started to slowly rise again, currently Ethereum stands at $2300. Since Christmas day is very close to us, maybe because of that the Ethereum market can go up. But not sure if it will be $3000 before Christmas. However, we expect that the Ethereum market will increase around Christmas Day, but we cannot say for sure how much it will increase.