Hi im new here. just want to hear your thoughts on ETH.. its been hanging around at 1200. Thanks
I guess that Ethereum might strongly raise the capitalization in 2020 and continue to increase it in 2021. The local ups and downs may happen in short-term but after the network’s improvements, Ethereum will start growing steadily. To sum it up, Ethereum is likely to reach $1,500 this year and probably it might happen sooner than we expect.
The fact is that in 2021 there will be a lot of events that should have a very positive effect on the Ethereum exchange rate. A very good call for cryptocurrency users is that institutional capital is also becoming interested not only in Bitcoin, but also in Ethereum. In this regard, it is planned to issue Ethereum futures. Of course, I understand that Bitcoin futures after the launch did not give a great result for Bitcoin, but today the situation is completely different in the cryptocurrency market.