Growing Interest in Ethereum-powered NFTs Surges Following $45 Billion in Sales; Investors Shift Focus to Lunex Network for Potential High Returns amidst XRP Price Downturns
The Ethereum (ETH) token is highly anticipated in the crypto market due to its correlation with Bitcoin’s price. Despite a slow start when the bull market began, ETH has risen from below $2,400 to over $400 as of November 4.
Currently, Ethereum’s price range fluctuates between $3,397 and $3,506 weekly, with potential for a resurgence above $4,000. The increasing interest in Ethereum-based NFTs, with sales exceeding $45 billion, could drive up the value of Ethereum and attract more investors.
Analysts like Dom’s Crypto are bullish on Ethereum, predicting a target of $4,000, a pullback to $3,800, and a settlement at $4,400. It is expected that Ethereum will reach higher levels in Q1 2025 as long as the bull market persists.
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