Over the past four weeks, Ether has faced significant pressure, losing 20.16% of its value. Despite this short-term decline, Ether has shown strong long-term growth, rising by 59.27% over the past 12 months. This reflects the broader positive trend in the cryptocurrency market, with Ether benefiting from increasing adoption and advancements in blockchain technology.
Price forecasts predict Ether at $2,491 by quarter-end and $2,139 in one year
Trading Economics global macro models and analysts' projections suggest that Ether's price could drop to $2,491.42 by the end of this quarter, driven by market conditions. In the longer term, Ether is expected to be priced at $2,138.84 in one year, influenced by broader market trends and potential shifts in investor sentiment.
