Post
Topic
Board Speculation (Altcoins)
Re: Ethereum is going to reach $5k soon?
by
aylabadia05
on 03/11/2021, 04:58:05 UTC
We still can't say for sure if Ethereum will hit $5K over the coming week as the market hasn't really stabilized in my opinion. This November we'll see if it still holds on to today's price or this week it can hold on to the price of $4.5K?
Then we have to monitor how Bitcoin is moving, if Bitcoin's movement is good, then I'm sure that Ethereum will continue its good trend as well.
This week the Ethereum price is still running at $4.3K and it's also not too far away for $4.5 to $5K because the general market conditions this week are also not so bad but for the end of the year I'm also still very confident that the market will improve with some changes in it.
Ethereum continues to move pretty well until today it has reached a price of $4.5K and it is still early November. If the market developments remain as they are today, then the possibility of going towards the price of $5K will materialize and to be able to reach that price it is also necessary to have a positive movement of Bitcoin in the market.