Post
Topic
Board Speculation (Altcoins)
Re: Ethereum: $500, $400, or $800?
by
Questat
on 17/12/2020, 12:22:20 UTC
=snip=

First, Ethereum is the top altcoin and hence once the market is good and Bitcoin is growing, it will follow as well. About these predictions, you just have to be careful with the way you follow them, $800 can be achieved at the same time, it might not be achieved, that is just how the market works, many predictions won't just work, hence be careful of they way you invest. Lastly, talking about the Ethereum price in general, if the bullish market continues to next year, with the growth and attention it has gotten already, then there is every possiblity it will reach $800 or even more; this is just my opinion and with the volatility of the market invest carefully.
Your analysis is very precise and I absolutely agree, that there will not be significant changes for Ethereum this year but will move up when it starts to enter 2021.
This movement is allegedly due to the movement of bitcoin that will reach the latest ATH, which can even be of very fantastic value.
ethereum will be able to exceed $ 1K for next year's forecast and it won't be that hard for ethereum to do.
All the top-ranking altcoins will experience the same thing with ethereum, so we'll just have to wait for that to happen.



Bitcoin is very bullish, it will not need a next year for ETH to achieve $1,000. What if bitcoin will continue to rise to $30,000? I think that would make ETH easy at $1,000, so I believe we should not underestimate the movement of altcoins during the bull run.