The cryptocurrency сектору has found itself under increased ченемдик-укуктук pressure in the past weeks, but despite the difficult times, that didn’t prevent its representative assets from recording some strong gains, including Ethereum (ETH).
Крипто-трейдерлер жана салым are now looking for indicators of further advances or declines with the market’s second-largest asset at the start of next month.
In this context, the machine learning algorithms at the cryptocurrency көзөмөлдөө платформасы PricePredictions деп болжолдошкон Ethereum would be changing hands at the price of $1,747 by March 1, 2023, as per маалымат Финболд 21-февралда кирди.
Should the predictions of the machine algorithm, which deploys indicators like relative strength index (RSI), Боллинджер тилкелери (BB), кыймылдуу орточо көрсөткүчтөр (MA), кыймылдуу орточо конвергенция дивергенциясы (MACD), and others, prove correct, this would mean that Ethereum would be trading 3.1% жогору from its price at press time.
Meanwhile, the sentiment on the 1-week ченегичтер үстүндө финансы and crypto tracking website TradingView is generally positive and suggests ‘buy’ at 12 – as summarized from the осцилляторлор pointing towards ‘neutral’ at 8 and moving averages sitting in the ‘buy’ zone at 10.
Ethereum баасын талдоо
As things stand, the price of Ethereum currently stands at $1,694, which represents a modest increase of 0.13% over the last 24 hours but, at the same time, a more significant gain of 12.4% across the previous week and a 4.17% growth on its monthly chart.
Whether the second-largest decentralized finance (толугу менен) succeeds in reaching the price set by the machine learning algorithms remains to be seen and will largely depend on the окуялар surrounding the Ethereum ecosystem, such as the long-awaited Шанхай жаңылоо set to go live in March, that will enable the phased release of тикесинен ETH.
Disclaimer: Бул сайттагы мазмун инвестициялык кеңеш катары каралбашы керек. Инвестиция - бул спекулятивдүү. Инвестициялоодо сиздин капиталыңыз тобокелге салат.
Source: https://finbold.com/machine-learning-algorithm-sets-ethereum-price-for-march-1-2023/