The Cryptocurrency market has witnessed the arrival of several new assets in recent years. In the middle of this, Bitcoin (BTC) and Ethereum (ETH) continue to rule as the two best cryptocoirs. While BTC has shown impeccable growth, ETH seems to be lagging behind. This has led to investors others guessing their investments in Altcoin. But things can be to take a new turn in the ETH market sooner than later. Will mid -May receive remarkable profits for their investors?
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How tall does Ethereum go today?
While most assets received remarkable profits over the past year, a decline witnessed a decline during this period. Ethereum dipped by 41% over the past 12 months. But things can be to look up for Altcoin sooner rather than later. According to an analyst at Cryptoquant, the fact that Ethereum -Spot volume may be reduced to be a positive indication. Analysts explained that seeing volume cases in such a context would help lower volatility, given Ethereum recently underwent a correction. As a result, this can help relieve sales pressure that has been exerted on the market.
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Mid -May prediction
Ethereum can witness an increase already next week. According to data from Coincex, the leading Altcoin will register an increase of 21% in the next few days. On May 15, ETH will grow to a high of $ 2,081 after a record of 15.20%. It should be noted that the asset will trade at $ 2,203 on May 13. This marks a remarkable increase from its current price level.
