Ethereum Price Prediction: ETH to Break Above $3,000 By Early 2023?
Ethereum failed to scale up in price after the Merge and fell to $1,200 levels days after the transition. The Ethereum network transitioned from proof-of-work to proof-of-stake last month and the development did nothing to boost its price. ETH finally had a breakthrough on Wednesday as the markets rallied and crossed the $1,500 mark. The second biggest crypto took nearly 40 days to climb above $1.5K after the Merge was complete. Also Read: Here’s the Top 3 Most Profitable Cryptos of October 2022 Now that ETH is above the $1.5K range, investors are bullish that its price could head north further. Pseudonymous crypto analyst Kaleo took to Twitter predicting that ETH could double in price in early 2023. The analyst predicted that ETH could break above the $3,000 level early next year. $ETH breaking above $3K again in early 2023 makes sense pic.twitter.com/BZVUXccWIG — K A L E O (@CryptoKaleo) October 27, 2022 Kaleo shared a chart on Twitter predicting, “ ...