Ethereum Could Hit $4k in the Next 3 Months
In a February 20th tweet that can be found below, Mr. Peterson also forecasted that Ethereum could hit $4k in the next 3 months. Doing the math, 3 months from late February equates to a late May possibility of Ethereum hitting his target.
#Ethereum could hit $4,000 in the next 3 months.https://t.co/vyMcBhSR7G pic.twitter.com/viEtUpmc0w
— Timothy Peterson (@nsquaredcrypto) February 20, 2021
Ethereum Sets New All-time High of $2,146 – Binance Rate
At the time of writing, Ethereum is trading at $2,115 after setting a new all-time high of $2,146 only a few hours ago. The $2k price area is now a valuable support zone for Ethereum and ETH maintaining a value above this level will be crucial in ETH pushing higher.
In an earlier analysis, $2.5k was floated as a possible short-term target for Ethereum and if the current momentum is maintained, this level could be reached in the coming week. The possibility of Ethereum hitting this value is further affirmed by a stable Bitcoin that has its eyes set on $60k and beyond.
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