World Liberty Financial (WLFI), Ethereum (ETH) as a crypto project connected to the Trump Family (ETH) $3,239.5 It significantly increased its investments. With the latest purchases, the total Ethereum amount of WLFI reached 70,157 ETH, which is worth $ 235 million.
WLFI’s Ethereum purchases continue
WLFI has recently expanded its Ethereum portfolio by acquiring 2,971,45 ETH. The company, which has been accumulating ETH with daily purchases since January, has increased its total crypto assets above $ 388 million. This aggressive strategy causes an increasing interest in the Ethereum market.
Ethereum, for a long time resistance to a significant falling trend line, gave positive signals for the market. This break shows that there is a change in the market feeling. Analysts say that if ETH continues to remain above the resistance-support zone, there may be more increase in the price.
EXPECTATIONS FOR RISE FOR ETH PRICE
Market experts expect Ethereum to rise to $ 4,500 in the coming weeks. Ted Pillows shared his views, “ETH entered the expansion phase after the consolidation period and can move to the range of $ 4,000-4,500,” TED shared.
“After the consolidation period, ETH entered the expansion phase and can move to the range of $ 4,000-4,500.” – TED Pillows
In addition, WLFI’s ongoing procurement pressure helps to stabilize ETH price and reinforces the market feeling in a positive way. However, some analysts warn that there may be short -term corrections. The fact that the ratio of the market value to realized Value (MVRV) below a 160 -day moving average has pointed to serious corrections in prices in similar cases in the past.
WLFI’s latest Ethereum purchases create a positive perception by bringing ETH’s potential to the involvement of US national digital reserves. Analysts predict that if Ethereum is accepted as an official reserve presence, the price may be $ 10,000 and above.
As a result, the current price of Ethereum is $ 3.395 and has increased by 4 %in the last 24 hours. ETH performed a strong performance by increasing from $ 3,263 to $ 3,394 during the day.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
