עטהערעום קען ברעכן העכער $ 3,000 אין 2023; דאָ ס וואָס טעקניקס פֿאָרשלאָגן

מיט די קריפּטאָקוררענסי מאַרק finally arising from its weeks-long slumber and already soaring past $1 trillion in market capitalization, it has given fuel to its major assets, including Ethereum (עטה), the price of which has risen above $1,500 for the first time since the post-Merge crash.

Observing its historical price action, עטהערעום could break above $3,000 in 2023, at least according to the tweet and chart אַרייַנגעשיקט by the pseudonymous crypto trader and LedgArt קאָ-גרינדער קאַלעאָ אויף אקטאבער קסנומקס.

“ETH breaking above $3K again in early 2023 makes sense,” he stated.

Taking the chart into account, the decentralized finance (דעפי) asset is demonstrating an upwards טרענדליין, which indicates that the price is making higher swing highs and lower swing lows, resulting in a shift in a positive direction.

Indeed, $20 billion poured into Ethereum’s market cap in just 24 hours, with its price soaring איבער $1,500 for the first time since September 15, when it suffered a blow following the network’s successful צונויפגיסן אַפּגרייד, פינבאָלד געמאלדן.

אין דער זעלביקער צייַט, עלטער סכוירע סטראַטעג ביי בלומבערג סייכל מייק מקגלאָנע אנגעוויזן on October 26 that Ethereum’s shift to the Proof-of-Stake (POS) protocol and its commanding position “at the epicenter of the digitalization of פינאַנצן and money may be a foundation for its price appreciation.”

עטהערעום טעכניש אַנאַליסיס

Meanwhile, ETH טעכניש אַנאַליסיס (TA) indicators are looking very interesting. Specifically, the summary is giving off a ‘buy’ sentiment at 13. However, upon further breakdown, the אָססיללאַטאָרס indicate selling at 4, whereas the מאָווינג דורכשניטלעך (MA) technicals point to a ‘strong buy’ at 12.

אין דרוק צייט, עטהערעום was changing hands at $1,548, which represents a 0.93% gain on the day, but also a whopping 19.74% across the previous seven days, nearing the crypto community’s בוליש predictions for the price of Ethereum on October 31, made four weeks before.

Censorship fears

That said, not all is well in the Ethereum world as עטלעכע industry experts are concerned about the network’s resistance to censorship due to now more than 60% of Ethereum blocks being compliant with the sanctions imposed by the U.S. Office of Foreign Assets Control (OFAC).

As a reminder, OFAC sanctioned the popular Ethereum mixer Tornado Cash in August over its role in the אַלעדזשד לאָנדערינג of over $455 million in stolen crypto, in addition to blacklisting a number of ETH addresses associated with the protocol.

This has led to the increasing popularity of OFAC-compliant MEV-Boost relays that can censor certain transactions, which crypto intelligence platform מעססאַרי פריער גערופן “a credible threat to Ethereum’s neutrality and censorship resistance.”

אָפּלייקענונג: דער אינהאַלט אויף דעם פּלאַץ זאָל ניט זיין געהאלטן ינוועסמאַנט עצה. ינוועסטינג איז ספּעקולאַטיווע. ווען ינוועסטינג, דיין קאַפּיטאַל איז אין ריזיקירן.