Closing of the first half of the year positive for Ethereum.
Greetings to all readers of this great platform, especially to those who make life in the great community of #ProjectHOPE, in the present opportunity I want to share with you information that is related to the performance of Ethereum in the first half of the year, taking into consideration that the momentum has been quite positive for those who acquired token in December until the current date, although I think that the best is about to start coming again.
Screenshot taken at: Binance |
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It is already a reality that the crypto economy has started in the best way for this beginning of the year, the recovery in all the prices of the different projects has been very positive, some better than others, but everything depends on the reliability of them when making investments, as well as the usefulness of these tokens that always help to maintain and improve their price in the crypto market, so we must evaluate a little the growth of ETH at the present time.
Observing a little its behavior, we can appreciate that the first 3 months of the year was a complete madness, where the price of ETH managed to rise more than 50% with respect to the price of the same on the last day of the year 2022, with which it came to observe its greatest growth in terms of its value, on the other hand that second quarter of the same its growth was much less but it has managed to set an accumulation channel with a well marked range, so it was a very positive second quarter.
On the other hand, the great growth of ETH is due to several factors, among them we can get the growth by the market behavior and guided by the BTC, on the other hand, we must take into consideration all the updates that the platform has made, which continues to attract a large number of investors to this cryptographic world, a situation that has managed to further improve the price of ETH, so the second half of the year can become very good.
Looking at this beginning in general, the investment increased, the platform developments were present and the price accompanied all these situations, so we can say that it was positive in all aspects and this increase of 60% is the key to success for the second half of this 2023, a year that can be considered as the consolidation for the crypto market and early full recovery, so let's keep an eye on possible market changes in the coming days.
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Peace & Love!
Eth did well but let us see what and how this year will close.