Ethereum Still A Bargain? StanChart Exec Says ETH Is ‘Cheap’ And Ready To Rally

Standard Chartered’s digital assets research chief says Ethereum still has room to rise, even after recent swings in price. According to Geoffrey Kendrick, growing institutional demand and shrinking exchange liquidity are tightening supply and could push Ether higher toward his year-end target of $7,500. Related Reading: XRP’s Biggest Doubter Just Dropped Close To $5 Price Bomb — Here’s Why Institutional Demand Up Reports have disclosed that corporate digital asset treasury firms have bought about 2. 5% of circulating ETH since June source: https://www.newsbtc.com/news/ethereum/ethereum-still-a-bargain-stanchart-exec-says-eth-is-cheap-and-ready-to-rally/