Ethereum might be on the verge of a major breakout, with predictions suggesting it might reach $3,000 next month. According to CoinCheckup, a popular crypto market prediction platform, Ethereum should rise by 51% in the next three months. With such a positive forecast, the current decline in the price of Ethereum could very well be a short-term hiccup against the looming rally. Related Reading: Helium Rockets Up 18% As Investors Weigh In New Developments – Details Short-Term Analysis And Market Indicators A crypto analyst, Michael van de Poppe, has been following Ethereum’s recent performance and believes it may soon reverse into an upward trend. Poppe shed light on the fact that ETH had been trading 6.14% below the estimated price for the next month. Despite this, he feels there is an 80% chance ETH will surge above $3,000 in September. He likens the current market to past cycles, recalling the last time the altcoin saw a protracted loss was before the bear market in 2018. There’s only one occasion where $ETH has been making more than three monthly candles in red. It was ..
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