We dubiously take a look at theoretical price levels that Ethereum could reach by simply looking at prior levels of overvaluation. We look both at ETH/USD and ETH/BTC to investigate how far Ethereum has been over-extended in the past, and projecting that onto today’s price levels. Obviously, these price predictions should be taken with a grain of salt, and of course none of this is financial advice. If Bitcoin were to have a strong correction in the short-term, then all of this analysis simply goes out the window.
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