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Showing posts with the label ethereum news

2023 price prediction for Tron (TRX), Ethereum (ETH), and Everlodge (ELDG)

Tron interest surges again as it enters the top 10. Ethereum developers hint at a mainnet shadow hard fork. Everlodge is predicted to rally by 30x after its launch and subsequent Tier-1 CEX listing. As the crypto market continues redefining, buyers closely watch potential winners in 2023. Tron (TRX), Ethereum (ETH), and Everlodge (ELDG) have all gained significant attention, each for something unique.  This article will look into a price forecast for these three cryptocurrencies to see the future. Tron (TRX) enters top 10 once more  Tron (TRX) is making a strong comeback, securing a place among the top 10 coins by market capitalization again. In fact, it now has a market cap of $7.7B. The resurgence of Tron is evident in its impressive network activity, as TRONSCAN has reported 6.5B transactions on its network.  Additionally, Tron recently surpassed 190M accounts on its network – an outstanding milestone. This surge indicates a renewe...

Ethereum Price Prediction – How High Can ETH Go in 2023?

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ETH, the native cryptocurrency that powers the smart contract-enabled decentralized Ethereum blockchain, is consolidating on Thursday near the $1,250 mark after posting decent gains in the first few days of this week. Indeed, despite now having pulled close to 2% lower versus Wednesday’s highs in the $1,270 area, ETH is still up about 4.0% this week, after mustering a clean upside break of both of its 21 and 50-Day Moving Averages on Wednesday. In wake of the recent push higher, which seems to have been more technically driven amid a lack of any notable Ethereum-specific catalysts, short-term price predictions have become more bullish. However, macro headwinds could be a problem for the bulls, with Fed officials (in speeches and via Wednesday meeting minutes release) sounding hawkish and US labor market data (so far) coming in strong. Price Prediction – Where Next For ETH? So maybe Fed tightening bets could push ETH back towards where it started the week ...