Ethereum (ETH) Price Prediction for August: Can ETH Hit $4,000 in 2023? Should You Buy Ethereum?

Analysts, in their numbers, are making speculations on the future price projection for Ethereum, and many believe the flagship crypto is only gathering momentum. Whether this is true or not, many investors are more concerned about whether ETH will hit $4,000 in 2023.

In this article, we'll discuss experts' sentiment on the future direction and price projection for Ethereum. We'll also discuss a new hybrid token, which experts say is an alternative investment option with massive potential to drive profit in 2023. 

Ethereum (ETH) Price Prediction For August

The price of Ethereum (ETH) has been stuck in a consolidation over the past 4 months. With Ethereum (ETH) having dropped over 62% from its all time high price, all investors are wishing for now is a bull run that will set them in profit again.

The price of Ethereum (ETH) has dropped over 6% in the last 30 days and 3% in the last 7 days. This continuous drop in price is making Ethereum investors wonder if the price of ETH is going to hit $4k in 2023. To give a clear insight into this question, let's dive into experts' analysis of Ethereum (ETH) charts. 

While Ethereum (ETH) may be in an uptrend, the price of the token is presently trading under a weekly resistance in the $1,940 price region. This resistance zone has rejected price multiple times in the past, making it a valid resistance zone.

Once the price successfully bridges this zone, analysts believe the price of Ethereum (ETH) will ride smoothly to the $3k price region. The way the price reacts at the resistance zone at $3k will determine to a large extent if the price of Ethereum (ETH) will reach $4k in 2023.

Experts believe that with enough liquidity, the price of Ethereum (ETH) should be able to successfully break through and retest the resistance zone in the region before soaring to the $4k price region or more. 

While all this remains mere speculation of what could really happen, analysts are urging Ethereum (ETH) investors to buy up as many $PIKA tokens as they can in the ongoing Pikamoon presale. Pikamoon is a new hybrid token poised to rake in ground-breaking figures for early investors in 2023. 

What Is Pikamoon?

Pikamoon is a leading P2E in the crypto gaming niche, building the world's most advanced real-time 3D metaverse for photoreal effects and an immersive experience. This is why the majority of gamers are so thrilled about the Pikamoon project and can't wait to get into the Pikaverse. 

The Pikaverse is the metaverse of the Pikamoon game. The Pikaverse is unlike anything you've ever seen, and the plains of Dreva hold wonders that the mouth can't describe. Many gaming experts have described the metaverse as gamers paradise. 

Many of the Pikaverse's breathtaking features can be attributed to Unreal Engine 5. This is the gaming engine on which the Pikamoon game is built. Unreal Engine 5 is one of the best gaming engines in the world and has been used for the development of top-tier games like Fortnite, The Matrix Awaken, Ark 2, and many more. 

So if you're ever wondering what to expect from the Pikamoon game, you can definitely let your imagination run as wild as possible. To top it all off, the Pikamoon team developed an online and offline game mode to ensure gamers experience the Pikaverse in the best way possible. 

So now, no matter when and where you are in the world, you can always connect to the Pikaverse, play, and earn cool rewards. This is why gamers are trooping to the Pikamoon presale to buy PIKA while the price is ridiculously cheap and join the Pikamoon revolution. 

Pikamoon Presale

If there's anywhere worth being in the crypto industry at the moment, it's the Pikamoon presale. Smart investors who know the real potential of Pikamoon are amassing as many $PIKA tokens as they can before the price skyrockets.

$PIKA token is selling out fast for as little as $0.0006 in the third and last round of the Pikamoon presale. Experts believe Pikamoon will mint more crypto millionaires this year than any other coin. 

Don't miss out on this life-changing opportunity. Get on the Pikamoon presale today. 

Find out more about Pikamoon (PIKA):

Buy Now: https://pikamoon.io/buy

Website: https://pikamoon.io

Twitter: https://twitter.com/Pikamooncoin

Telegram: https://t.me/pikamoonofficial