AI predicts Ethereum price for August 31, 2024

According to ChatGPT-4, by August 31, 2024, Ethereum could reach $3,000 in a bullish scenario or fall below $2,000 in a bearish scenario due to market pressures.

In this context, Finbold has leveraged ChatGPT-4, OpenAI’s most recent and advanced AI chatbot model, to offer insights into how Ethereum is likely to trade by August 31, considering the key factors influencing its future price trajectory. Moreover, another factor supporting Ethereum’s bullish case is the significant reduction in gas fees on its network.

Via: finbold.com