Despite the current market surge since mid-October, Ethereum has recently been trading below the $2,500 resistance. Investors are now wondering what will boost the price of ETH above the $2,500 level.
Meanwhile, InQubeta has emerged as the best crypto investment for retail investors. The price of the coin has increased by 150% to $0.01925, enticing average investors from all around the cryptoverse.
Can Ethereum (ETH) Soar Past $2,500?
Ethereum (ETH) has been on an upward rise since October 12th and has stayed above $2,100 throughout December. Currently, Ethereum is facing a significant challenge at the $2,500 mark.
Despite several attempts to surpass this mark, it has failed. However, this time around, there’s a growing sense of optimism among investors that Ethereum will finally cross this resistance.
The main reason why investors are feeling positive again is due to the excitement surrounding the Ethereum ETF. There is a belief that the launch of an Ethereum ETF could lead to a rise in the price of Ether beyond $2,500.
However, there’s a twist: the US SEC has decided to delay the decision on the Ethereum ETF until March 2024. Due to the delay, Ethereum’s prospects remain unaffected
According to @Mangyek0, the upward trend of Ethereum will likely continue, and based on positive indicators from the Relative Strength Index (RSI) and the Awesome Oscillator (AO), it is possible that Ethereum will surpass the $2,500 target.
Currently, Ethereum is being sold at $2,300. The price of the token has risen by 100% in the last year. Many believe that Ethereum is one of the best coins to invest in, given that its current value is less than $2,500.
InQubeta (QUBE) Captures Retail Investors’ Interest
InQubeta (QUBE) has made a name for itself as the world’s first crypto crowdfunding platform dedicated to AI startups. The platform has made it much easier for AI startups to fund and connect with the public. Additionally, InQubeta is gaining popularity among retail investors who are looking for lucrative investment opportunities in the crypto market.
Many people are buying into InQubeta because they believe in the project’s future potential. It is currently in stage 6 with a token costing $0.01925, and the presale has accumulated more than $7.7 million.
This indicates a massive amount of interest from investors and traders. InQubeta is also creating an NFT marketplace for AI startups. Minting NFTs out of investment opportunities will allow AI startups to exhibit their potential to investors who can then buy them.
The inclusion of fractional NFTs enables more individuals to engage in AI startups with any amount they have. This makes it easy for them to invest according to their income. The QUBE ERC20 coin from InQubeta also gives other advantages like staking and governance. Holders can stake their QUBE tokens to avail the tokens from a 5% sell tax.
The postponement of an Ethereum ETF’s approval has caused the crypto community to wonder what will push the altcoin past $2,500.
Meanwhile, the increase in the attention of retail investors towards QUBE tokens indicates that they have faith in the project.