Ethereum had a superb February, it managed to break a $1,600 resistance and it seems that it is set on going even higher than that.
To be fair, the new year has been kind to the whole crypto world, with all of the major altcoins recording over 40% returns for their holders.
What’s also worth mentioning is that the payment giant Visa is now testing USDC payments that work on Ethereum’s blockchain.
In other words, big names like Visa putting their trust in ETH means that we can expect new bullish runs to come.
This information all points to a profitable year for the leading altcoin, but a lot of investors seem to believe that new projects like Fight Out (FGHT), C+Charge (CCHG), and RobotEra (TARO) are a better option for your portfolio.
Let’s dig deeper.
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Ethereum Price Prediction – Will the Bullish Rallies Continue?
Investors were sure that they would see bigger returns once the ETH’s awaited Merge was done on September 15th. However, due to the bearish market, the outcome didn’t really meet expectations.
After the Merge, the price began to drop from $1,600 to the low $1,000 mark. This downward trend continued until January when investors could finally see some nice price surges.
The founder of ETH, Vitalik Buterin, stated that the platform will focus on making more technical improvements and a larger adoption.
At the time of writing, Ethereum is standing strong at the $1,600 mark, and with the recent bullish rallies, we could see it reaching the $2,500 point in Q2 2023.
Here’s a summarized table of the multiple expert’s opinions on ETHs price developments during 2023:
| Quarter | Price |
Q1 2023 | $1,963 |
Q2 2023 | $2,742 |
Q3 2023 | $3,093 |
Q4 2023 | $3,570 |
As you can see, investors seem to believe that Ethereum is up for a prosperous year, with the biggest surges expected in Q2.
The reason they believe that Q2 will bring the largest gains is the long-expected Shanghai upgrade which should be up by then.
All of this should be a good enough reason for you to invest some money in Ethereum, but only as a long-term investment.
Now we’ll take a look at some projects that are expected to bring larger returns more quickly.
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Fight Out (FGHT)
Fight Out is a new player in the move-to-earn crypto space that wants to change the fitness industry forever!
The platform will combine an innovative use of blockchain, Web3, and input from world-class athletes in order to create an app that will pay its users for their workout progress.
Users will gain access to workout regimes tailored to each individual that wants to earn while moving!
Instead of just tracking simple movements like walking, FGHT will be able to record complex workouts like weightlifting and more.
The team will also launch a real-world gym chain, where members will be able to use high-tech equipment that will work in symphony with the platform.
All of this has created quite a media frenzy, and many crypto experts believe that Fight Out will explode once it hits the market.
If you want to be there to count the profits, join now while the price is still ridiculously low!
C+Charge (CCHG)
C+Charge is green crypto project that functions as a peer-to-peer (P2P) payment app for electric vehicle charging.
The app will be equipped with a geo-location tracker to help drivers find the nearest designated charging spot, and also figure out if there’s a waiting line forming.
Drivers will be awarded CCHG tokens and carbon credits for their use of eco-friendly transportation options.
CCHG is now live and can be bought at a discounted price, which according to experts will skyrocket when it goes live.
RobotEra (TARO)
RobotEra is a new play-to-earn (P2E) crypto project that has caused quite a hype among gamers.
The game will take place in a Metaverse comprised of seven different continents destroyed beyond recognition.
To play the game, players will have to get their robot NFTs, which they will use for mining NFT land, creating new towns, searching for spare parts to mint new robots, and much more!
At the heart of the project will be its native token $TARO, which’ll be used for all transactions within the Metaverse.
RobotEra is now in its presale phase with a new price rise expected very soon. So, there is no time to waste if you want to maximize your profits
Litecoin (LTC)
The last one on our list is a coin meant to serve as a cheaper and more scalable alternative to BTC, Litecoin.
Like the rest of the market, LTC also managed to record a healthy rise of over 40% in value since the 1st of January.
And with the recent announcement about their expansion of partnership with Mastercard to the Europes market, we can expect even larger growth in the upcoming months.
The Conclusion
With new technologies being introduced to the ETHs blockchain and better scalability announced, investors seem sure that Ethereum’s value will continue its upward trajectory.
Some experts even say that ETH can reach the $3,500 mark towards the end of Q4 2023. All of that is a good indicator to stock up some ETH in your portfolio.
However, those returns can’t measure up to the expected growth of hot presales like Fight Out, C+Charge, and RobotEra.
Experts are saying that these projects will easily bring 30x-60x due to their smart leverage of blockchain and unique ideas.