Cryptos are proving to be a highly volatile asset class with the Grayscale Ethereum Trust falling down by more than 30% since January 1, amid escalation in the Russia-Ukraine conflict.This volatility is not limited to digital coins, and, filtering out all the noise created by the wider market sell-off, I identify three events that seem to be determining Ethereum's path.These market events pertain to metaverse moves, ETHE starting to show an inverse correlation to a bullish dollar fund, and its alignment with tech being put into question.Ethereum has more uses compared to Bitcoin but in view of forthcoming regulatory moves, it would be better not to buy the dip despite ETHE trading at a discount to NAV.This thesis aims to provide a realistic view of opportunities in highly uncertain market conditions based on market events and sustained price actions.
XRP Price Prediction For 24 November
