Ethereum (ETH) has been criticized by the cryptocurrency community for underperforming in the current cycle compared to competitors such as Bitcoin (BTC) and Solana (SOL).
However, an artificial intelligence (AI) tool forecasts that the second-ranked digital asset by market capitalization will end the year on a bullish note.
Currently, the decentralized finance (DeFi) asset is attempting to reclaim the $2,631 support zone. As of press time, ETH was trading at $2,634, dropping over 1% in the past 24 hours. On the weekly timeframe, the asset is up 4.3%.
ETH seven-day price chart. Source: Finbold
AI predicts Ethereum’s price for December 31
For Ethereum’s price by the end of 2024, Finbold gathered insights from OpenAI’s ChatGPT-4o, which projects the asset could reach a potential high of $4,000 by December 31.
In a bullish scenario, the AI model provided “a plausible conservative estimate” that ranges between $3,000 and $3,500, with a more optimistic outlook at $4
We współpracy z: https://finbold.com/ai-predicts-ethereum-price-for-year-end/
