Post
Topic
Board Speculation (Altcoins)
Re: Can Ethereum reach the 1400$ mark this year?
by
TWW
on 10/02/2020, 16:33:18 UTC
Nothing is impossible and not even in this volatile market. It can surpass it as it has already begun with a good chance to do well this year. I hope most alternative coins that have been sleeping for years will also perform well this year. The outlook sem to be great for the year 2020

Of course nothing's impossible but for ETH to break $1400, BTC first needs to break $20k. That's just how it's gonna be for the entire crypto market. BTC won't determine the exact fates for alts, but alts will only moon when Bitcoin does. And not all of them will wake up, we'll still see alts die in a major way.
Yes exactly. Ethereum greatly depends its price based on the performance of bitcoin but even if bitcoin will reach even more than $20k, we cannot conclude right away that ethereum has all the chances to reach another ATH too. I know ethereum is a very potential coin but it needs more than great news and application for its price to increase as much as 1400$. It may level up its value but not more than 300$-400$ i think.
if it only depends on BTC price growth I don't think it will reach that high. as will be done by the developer with the update that has been prepared I think there will be potential for improvement but as your prediction makes more sense for the current conditions.