Ethereum, the second largest Cryptocurrency after market cases, is now receiving enormous attention and traction. With a rising institutional demand and interestBanking Giant Citigroup has adjusted its prediction on ETH and added another haus -like case for the asset. According to the bank, Ethereum can increase and sit at $ 6400 on macro elements, including inflows against ETFs and its institutional requirements, continue to inflate over time.
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Citi Group’s new forecast on Ethereum
“Current prices are above activity calculations, potentially powered by recently purchased pressure and voltage over cases.” Said Citi in a note dated Monday.
The department discusses in depth about ETH’s value and considers that the value of the token depends strongly on users’ use and activity. For example, the value of Ethereum shines through its smart contract capacity and trade and lending elements, which can play an important role in streamlining their role as a solid crypto. The department also brought how ETH in a base case scenario can hit $ 4300 at the end of the year.
Citi Group further shared a Baisseartet scenario for the asset and added how ETH can also fall to $ 2200 if its use and activity decrease to new lowness.
Ethereum October forecast
“According to our current prediction of the Ethereum Prize, the price of Ethereum is predicted to rise by 11.41% and reaches $ 5,044.50 by October 17, 2025. According to our technical indicators, the current feeling is neutral, while fear and greed index show 53 (neutral).
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