Ethereum Price Prediction: Can ETH Obtain New Yearly High Amidst JetBolt’s Remarkable Progress
December 20, 2024
Ethereum (ETH) has surged past $4,000 this week, reigniting optimism among crypto enthusiasts and sparking fresh discussions about whether ETH could break another all-time high before 2025. With a 53.3% year-to-date growth, Ethereum has solidified its position as one of the top-performing altcoins.
Meanwhile, younger altcoin JetBolt (JBOLT) has piqued the interest of crypto whales and buyers with innovative zero-gas technology, AI-powered utility, and its user-friendly Web3 wallet. Having sold over 200 million tokens during its presale, JetBolt is emerging as a strong force in the altcoin market. With Ethereum’s strong bullish momentum, could ETH obtain a new yearly price high amidst the young altcoin JetBolt’s remarkable progress? Keep on reading as we dive deeper into the latest Ethereum price prediction and what are the latest updates behind JetBolt’s growing momentum.
Ethereum (ETH) surged past the $4,000 mark on December 17th for the first time since March 2024, sparking excitement among ETH enthusiasts and fueling speculation about the onset of a sustained bull market.
According to a FXStreet Price analysis report, this downtrend could be due to “Ethereum bears gain[ing] momentum” amidst a small crypto market-wide pullback prior to the winter holidays. Based on this same report, if Ethereum continues to drop from its current price of $3,398.25 to below $3,335, it could “extend the pullback to retest its next daily support at $3,029.”
ETH’s 7-day price chart showcasing Ethereum down towards $3,400 levels after experiencing a dip following trading at $4,000.
Currently trading at $3,398.25, ETH hovers between a support level of $3,360.509 and resistance at $3,652.460. Breaking past this resistance could push Ethereum to test $4,100, and with continued bullish momentum, analysts project potential highs of $4,900—or even $5K—before 2025. The next few weeks will be crucial in determining whether Ethereum can gain back its upward trajectory and reclaim its place among the top-performing cryptocurrencies.
JetBolt (JBOLT) is blazing a trail in the crypto world with its revolutionary zero-gas technology, achieving a remarkable presale milestone of over 200 million tokens sold. This early success has attracted the attention of altcoin and crypto whales, fueling buzz around a project that launched with a fully functional ecosystem even during its presale phase.
JetBolt eliminates gas fees entirely thanks to Skale technology, delivering lightning-fast and cost-efficient transactions. This technological breakthrough enhances users’ experience while potentially unlocking new possible opportunities for developers and blockchain projects across DeFi, NFTs, and beyond.
JetBolt also redefines staking with a social twist, rewarding users not only for staking tokens but also for staking while engaging with the ecosystem. The young altcoin’s innovative Web3 wallet further simplifies blockchain onboarding, offering an intuitive experience powered by WebAuthN technology.
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Complementing its zero-gas feature is an AI-powered aggregator that showcases Web3 news and content in one seamless platform.
Early adopters also enjoy exclusive perks. JetBolt’s Alpha Boxes and batch purchases offer discounts and up to 25% extra JBOLT tokens, driving excitement among altcoin whales. By combining zero-gas technology, AI-powered tools, and user-centric design, market observers are now keeping a close eye on JetBolt.
With Ethereum on the verge of breaking new resistance levels and JetBolt redefining blockchain usability, these two altcoins represent the exciting possibilities of the next crypto wave. Whether ETH achieves a new yearly high or JetBolt becomes the blueprint for utility-driven altcoins, the coming months will likely shape the future of digital assets in bold and transformative ways. Stay tuned as these developments unfold in the ever-changing world of crypto.
This article is not financial advice. Cryptocurrencies are highly volatile. Always do your own research before deciding on any crypto acquisitions or moves.
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