Garrett Keirns: “Oracles can be a potential trigger for the Ethereum (ETH) price.”

According to experts and analysts, the price of Ethereum (ETH) may be on the verge of a huge price movement. Here are the details…

Ian McLeod: “we expect the Ethereum to reach $ 500 by the end of 2018.”

Analyst Ian McLeod argues that digital token Ether, which supports the smart contract platform Ethereum, will have a monumental break when smart contracts can accept external data. McLeod, a digital money maker and trader, says::

We expect the ethereum to reach $ 500 by the end of 2018.

According to CoinMarketCap data, in order to reach this level, digital money needs to see an increase of over 100% in current price levels. McLeod also says oracles, who will help smart contracts gather information from the outside or the real world, will support these price increases by increasing the adoption of the Ethereum.

Mati Greenspan: “the entire crypto currency market is showing slow but steady increases.”

However, everyone disagrees with McLeod because market observers offer mixed ideas about their estimates. Some market observers have focused on the recent times of the digital currency market. Mati Greenspan, market analyst for eToro, social investment platform, said::

The entire crypto money market is showing slow but steady increases.

Crypto money Analysis Platform thetle.Joshua Frank, the Founding Partner of the IO, also presented an optimistic perspective. Although the emotions surrounding the ether are negative for most of the first half of 2018, the digital money has started to gain momentum since the end of June.

Joshua Frank: “if these conditions remain the same, we expect a further rise in the price.”

Later in September, Frank added that the volume of trade has increased significantly, adding::

The combination of positive sentiment and increased volume increased ether’s price in October and November, and if these conditions remain the same, we expect a further rise in the price.

Garrett Keirns, crypto money analyst, says::

If companies with a significant amount of ether start selling them, any possible rally may face significant resistance. We need to remember the amount of ether that many popular ICOs have before we start romanticizing the concept of ETH bull running.

Garrett Keirns: “Oracles can be a potential trigger for the Ethereum (ETH) price.”

Keirns also stressed that oracles can act as a catalyst and help support feelings in the General Ethereum community, but will need a use status. Frank also explains the impact of social media activities on this subject in the following words::

Oracles may be a potential trigger for the price increase for the Ethereum, but this is not a topic that has been discussed so far on Twitter.

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