Ethereum AI Predictions Signal Upside to $3,150

AI-powered price targets for Ethereum (ETH) are signaling significant upside in the coming weeks. ChatGPT, an OpenAI-backed natural language processing model, predicts a price of $3,150 by October 31, suggesting a potential rise of roughly 14% from current levels.

This prediction is based on robust fundamentals, including renewed institutional demand and the spot ETH exchange-traded funds (ETFs).

On the other hand, Alphabet-backed Gemini set a price target for ETH at $2,884.21, indicating a potential growth of 4.45% by the end of this month.

The AI models' predictions come as Ethereum's price has added about 15% over the past 30 days, boosting its market capitalization to $329.9 billion.