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A recent tweet from popular crypto analyst Javon Marks (@JavonTM1) has sent shockwaves throughout the Ethereum community, as he sets a trend target of $4,811 for ETH and predicts a massive breakout with an even higher target at $8,557.68.
According to his analysis, it appears that Ethereum is long overdue for a pump, and with the recent surge in liquidity following the end of the tariff war, the stage seems set for such an event. The analyst notes that despite the current market conditions, he still believes this pump is imminent and will likely result in a significant 200% increase in ETH’s price.
The data suggests that Ethereum has not yet seen any substantial pumps, which many consider to be a crucial factor in determining the trajectory of altcoins like itself. Additionally, it appears that liquidity has surged into the market, a trend that Javon believes will ultimately contribute to the massive breakout he is anticipating.
As can be seen on his tweet, the analyst is predicting an astronomical 200% price increase for ETH, with many believing that this could potentially lead to Ethereum hitting new all-time highs of $8,557.68.
Source: https://cryptonewsland.com/trend-target-set-for/
