Ninjastic
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Board Speculation (Altcoins)
Re: Will Ethereum reach $5,000 by 2021?
by
michellee
on 28/09/2021, 07:33:56 UTC
Quote from: Oneandpure on September 27, 2021, 11:24:26 AM
Quote from: michellee on September 27, 2021, 09:47:43 AM
Quote from: rodskee on September 27, 2021, 02:19:23 AM
Quote from: Kinghunter0071 on September 24, 2021, 08:34:17 AM
This is not financial advice of any kind.

Yes, that is a very probable scenario.

As I said before until ETH 2.0 upgrade, Ethereum is probably the safest bet out there.

It’s getting more scarce each day with a burning mechanism, it is still Proof of Work blockchain and more than 30% supply locked until ETH 2.0.
Not sure if the ethereum team can push this 5k value within 3 months from now because it looks like there are hindrance in ETH climbing high as SOLANA and CARDANO is taking other investors inside their network leaving ethereum these days.
maybe there is a chance next year or at least in the following years but 2021? 3k will be the staying value level of ETH .
the 2.0 version seems like taking long to take effect so the price have not spiking high recently .
It is still hard to push the price to $5k within 3 months, especially if the bitcoin price does not increase to the higher price. Besides that, ethereum already reaches $3k at this moment so maybe it will need more time to lift the price step by step. But if bitcoin can jump to the high price and pass $50k in the next months and still increase until 2 months later, maybe ethereum will have the time to lift the price. But we will see what will happen to ethereum in the 3 months later but hopefully, ethereum can increase the price.
I think its true still hard for ethereum can raise up above $5,000 in three months later but any possibility for eth raise higher price maybe next one or two years. Support with bitcoin price keep stable can help ethereum slowly raise to higher price but when bitcoin still not stable price very little chance ethereum can raise to higher price by their self without any support price with bitcoin.
I have a little speculation related to ethereum. If bitcoin can break $45k in the next months, that can give a chance for ethereum to lift the price and maybe it could lift into $3,500-$3,800 or even $4,000. Maybe reaching $4,000 will be the next highest target price for ethereum so in the next year, ethereum will have more chances to raise above $5,000. But if bitcoin is not moving in the rest of this year, ethereum will be like this and the price could get down for more.