Post
Topic
Board Speculation (Altcoins)
Re: Will ETH Hit $6K this week?
by
livingfree
on 24/05/2021, 21:29:38 UTC
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It can recover soon but we will never know how big the recovery will be. I agree that it will take some time until it finally recovers again.

Ethereum has to double and more if you're targeting $5k. But it will really take time before we see those numbers for Ethereum. A $5k or $6k Ethereum could take a lot of time before it happens.

It has broken $4k but it all ended there temporarily.
No one will ever know how fast Ethereum will recover, but it is certain that Ethereum will recover. We just need to be patient waiting for Ethereum
to recover, but if we look at the Ethereum price decline that is quite deep. It looks like Ethereum will take a little while to get to $ 5k or $ 6k.
And the increase in Ethereum is also very dependent on the movement of Bitcoin, so we have to wait for Bitcoin to recover too,  so that Ethereum
can recover soon.
Yes, there's an assurance that it will recover.

And just to see the price of it today, the price dropped again and it's below $2k right now. The drop has been so quick and there's no way that people would ignore this drop.

Everyone that likes to have Ethereum should get in while the price is very cheap.

Opportunities like these days are rare, so take advantage of it to buy Ethereum at a low price. We have to believe that Ethereum is one of
the strongest coins besides Bitcoin, even in my opinion Ethereum is still the king of altcoins. So don't hesitate to buy Ethereum today when
the price is really low. Because if Ethereum can finally recover, try to imagine the profit we make must be very large.
Just as you've said, it was an opportunity for those who have bought at the low price of under $2k. That's for real because Ethereum just recovered and jumped to $2,600.

That was a quick recovery for Ethereum and it's likely that it would be the first to go back than bitcoin to its near peak price. I don't have an idea what drives the price of Ethereum quick to recover.