Lark Davis predicts Ethereum price will rise to $15,000 in 2024

Analyst Lark Davis is optimistic about the future of Ethereum (ETH) and predicts an increase in the coin's value to $15,000 in 2024.

Davis drew an analogy to the previous bull rally in the Ethereum market, during which the cryptocurrency rose 229% from its previous peak recorded in early 2018 and reached an all-time high of $4,869.

If this situation repeats and ETH increases in price by 229% to $4,869, then the value of the asset will rise to $16,019. However, Davis indicated the area of ​​$15,000, probably slightly wrong in his calculations.

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