Ethereum’s price could potentially surpass $5,400 by 2024 based on the Mayer multiple oscillator.
The ETH/BTC ratio may reach the highs of the 2021 bull market, supported by the Dencun upgrade.
In a surprising turn, Ethereum’s high-risk price projection indicates a potential rise to $5,400. This forecast utilizes the Mayer Multiple oscillator, as presented on the Crypto Quant platform.
The author from Crypto Quant emphasizes the importance of observing, comparing, and following the data for short-term price predictions. While 2024 shows promise, it is crucial for Ethereum (ETH) to first surpass its previous all-time high (ATH), which is not an easy feat.
#Ethererum high-risk price is showing 5.4K.
This chart applies the Mayer Multiple oscillator to #ETH pic.twitter.com/R9SOpWx9zx
— binhdangg (@binhdangg1) March 21, 2024
Recent analyses by CNF on Ethereum ETF prices suggest that market analysts foresee a significant role for Ethereum in the 2024 crypto market rally. Historical tr
