Ethereum is pumping due to the hype created about the launch of its new testnet. Although, I believe that the pump will be short lived once it is launched. I don’t see Ethereum rising above $400 anytime soon. 1000$ is a possible target but before achieving that, Ethereum will go through a couple of corrections. I am waiting for the prices to dumb after the launch so I can reinvest and increase my portfolio.

Let’s see how everything goes after it launched its new testnet. If everything is smooth, we can expect Ethereum further pump in Ethereum for at least next 3-4 days after the launch.