As Bitcoin (BTC) assets surged overnight, adding to confidence among investors, Ethereum (ETH) also appeared to be giving a positive signal towards a more solid value face.
BTC triumphantly surpassed $ 18,000, breaking $ 18,600 and ETH recorded a record high of $ 489.
At the time of writing, however, the asset shrank slightly to $ 480 after posting a 0.2% increase from $ 472.
One of the investors explained his belief in the value of Ethereum which will surge to $ 800 in the foreseeable future.
To put it again, ETH only needs to get past the $ 495 main hurdle to continue its run to the $ 800 face.
Crypto eye analysts continuing their Twitter account @intocryptoverse share the same opinion, the ETH value range for the next few years might break the 1000% jump if this momentum is conserved.
"If it does take effect in 2023, maybe the value for 1 ETH could break $ 10k." The tweet was published yesterday.
The boom in BTC is also pulling into Ethereum's current value. Any crypto trend in the near term will depend on the asset based on Satoshi Nakamoto and its reaction to the $ 18,000 face.
