Ethereum Sees Massive Buying by Major Companies
Ethereum continues to be a major focus of investment firms.
So far, the currency has seen massive purchases by BlackRock,
worth over $480 million, with the company purchasing a massive amount
of over 105,000 digital coins.
This is in addition to the purchases by Bitmine Immersion Technologies
and Sharplink Gaming of over 2 million digital coins,
which demonstrates the extent of investor interest in the cryptocurrency.
Ethereum Price Predictions
Standard Chartered Bank expects the digital currency to reach
new levels near $7,500. Additionally, some predict higher prices
for the digital currency, with Thomas Lee predicting
that Ethereum will reach around $15,000.
The digital currency is currently trading near $4,300,
down approximately 1.1% over the past week.
It is expected that the currency will soon see a return to its upward trend.
As the digital currency approaches important and strong buying areas,
it is considered one of the best buying areas at the moment.
You can view the technical analysis in detail via the following link...
