Ethereum (ETH) has been performing well in 2024, with a growth of nearly 50% since the start of the year and hitting highs above $4,000 in March. However, the last 30 days have seen a decline of approximately 11%. Despite this, there is hope for a reversal as several artificial intelligence platforms have predicted where ETH might find itself on July 1, 2024.
The advanced model of OpenAI’s ChatGPT platform predicts a relatively neutral performance for ETH in the upcoming days, with the cryptocurrency expected to trade within a range of $3,420 to $3,480 on July 1. On the other hand, Microsoft’s Copilot AI in its ‘balanced’ mode is exceptionally bullish about ETH’s future, forecasting a significant increase that could see ETH reach between $3,900 and $4,000.
Alphabet’s Gemini, formerly known as Google Bard, faced initial challenges in predicting ETH’s price due to outdated data. After overcoming this hurdle, Gemini estimated that ETH could stand at $3,350 on July 1, 2024. However, PricePredictions, a platform specializing in forecasting future asset prices, provided a more bearish outlook, placing ETH at $3,175.25 on the same date.
It is important to note that investing in cryptocurrencies is speculative and carries risks. Therefore, it is advisable to do thorough research and consult with financial experts before making any investment decisions based on AI predictions. Despite the varying forecasts, the overall sentiment seems to suggest some potential for improvement in Ethereum’s performance in the coming days. Investors should monitor the market closely and stay informed of any developments that may impact the price of ETH.
