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Home > Buzz > Expert Thinks Ethereum Has Broken Out Of Its Underperformance Trends And Could Rise But Investors Bet On This Ethereum Token Instead

Expert Thinks Ethereum Has Broken Out Of Its Underperformance Trends And Could Rise, But Investors Bet On This Ethereum Token Instead

Updated on: 11 December,2024 02:39 PM IST  |  Mumbai
Buzz | sumit.zarchobe@mid-day.com

Ethereum shows signs of a breakout, but investors are focusing on a different Ethereum-based token for potential gains!

Expert Thinks Ethereum Has Broken Out Of Its Underperformance Trends And Could Rise, But Investors Bet On This Ethereum Token Instead

Ethereum

Ethereum (ETH) has shown remarkable signs of breaking free from its previous underperformance as the crypto market bull run progresses. This has led experts to predict potential price gains in the near future. However, many investors are shifting their attention to a different Ethereum-based token for its profit potential in the ongoing market.


Experts are betting on this Ethereum token, which is regarded as the best crypto to invest in now. However, investors are asking how this emerging gem could outshine the established Ethereum!

BUY $FXG TOKENS HERE

Experts Predict New Highs for Ethereum's ETH, But Is it the Best Crypto to Invest in Now?

A market analyst, Benjamin Cowen, believes that ETH's recent price action may not have fully revealed its potential.

Ethereum’s ETH underperformed at the start of November's bull run when it witnessed a 28.09% price growth from $2,467.82 to $3,159.95 in 20 days. By November 30, 2024, ETH extended 18.33% to $3,739.93. Ethereum's ETH crossed the $4,000 mark 8 in December, reaching $4,018.00.

Cowen highlighted the historical tendencies of Ethereum, saying that the ETH/BTC pair usually gains positive momentum in December or January. If the historical trend continues and the ETH/BTC pair rises in December, Ethereum could start showing its full potential.

However, if the price surge occurred in January, then a sweep of previous lows at 0.03187 and 0.03 is possible but remains unlikely. Cowen also forecasted a 6-12 month horizon for massive gains in the ETH/BTC pair. Such a move would mean Ethereum's price outperforming Bitcoin's price, which could trigger wider interest in the ETH coin.

FXGuys to Eclipse Ethereum with Unprecedented Growth

FXGuys ($FXG) is a trading platform that empowers users with advanced analytics, dynamic charts, AI-powered tools, and social trading features that enable users to learn from and replicate successful strategies.

Adding to its appeal, the FXGuys platform combines professional trading tools with DeFi principles, giving traders access to a range of opportunities that include active trading.

FXGuys offers a PropFi program where traders can get between $200,000 and $500,000 in trading capital after proving their abilities in the evaluation stage.

This makes FXGuys the ideal platform for new and experienced traders looking to explore market opportunities without putting up their own capital. What makes FXGuys appealing to traders at all levels is that they get to keep 80% of the profits made from their trades.

Another benefit of the FX Guys platform is how quickly traders can deposit and withdraw funds. Whether you're dealing with crypto or traditional currencies (over 100 local options), FXGuys ensures that you can access your funds within 24 hours.

FXGuys also offers a staking rewards program. By locking up the platform's native token, $FXG, users can earn up to 20% of the platform’s trading profits. This helps users to generate a consistent income on the platform even during market downturns.

Traders also benefit from the FXGuys Trade2Earn program, which rewards them in $FXG based on their trading activity. Regarded as the best crypto coin to buy now, $FXG accumulates in users' dashboard wallets. Holders can redeem them for exclusive rewards within the ecosystem.

BUY $FXG TOKENS HERE

Best Crypto Coin to Buy Now: $FXG’s Presale Promises Huge Returns!

Hailed as the best crypto coin to buy right now, the $FXG public presale offers traders a chance to secure significant returns in the crypto market. Currently in Stage 2 and priced at just $0.04, early investors could gain up to 25% when the $FXG token price rises to $0.05 in Stage 3.

The token’s price will gradually increase into the latter stages: from $0.05 in Stage 3 to $0.08 in Stage 6, all the way to $0.10 at launch. Experts have said investors in the $FXG private presale made 166% gains, while those who invest in the best crypto coin to buy now can make up to 150% returns when the Ethereum-based token launches at $0.10 on major exchanges.

To benefit from the best crypto to invest in now, visit the FXGuys platform, sign up with your email, and connect your digital wallet (MetaMask or Trust Wallet). Then, add your payment information to complete your registration. Don't miss out on the opportunity to secure maximum returns before the token price takes off!

To find out more about FXGuys follow the links below:

Presale | Website | Whitepaper | Socials | Audit

 

Disclaimer:The information provided on the Website does not constitute investment advice, financial advice, trading advice, or any other form of advice, and you should not interpret any of the Website's content as such. Midday does not recommend that you buy, sell, or hold any cryptocurrency. Please conduct your own due diligence and consult with a financial advisor before making any investment decisions. Midday does not endorse or promote any such activities, and you access them at your own risk, fully understanding the monetary and legal consequences involved. Midday shall not be held responsible for any losses you may incur as a result of using any such apps or websites. Cryptocurrency products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for losses resulting from such transactions.

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