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From a blockchain point of view, people who own ETH and are putting their coins in long-term storage this week are important for the rise in Ethereum's price on Thursday. As this continues and more people are buy, the price of Ethereum could go beyond $2,500 soon.

check details...
https://www.cryptocrit.xyz/2023/11/crypto-price-prediction-analysts-eyeing.html (https://www.cryptocrit.xyz/2023/11/crypto-price-prediction-analysts-eyeing.html)

Ethereum ATH is near 5000$ while we are already on 2K price already. Even I that is not an analyst can easily predict that Ethereum next target is 3K considering that this bullish trend will continue until next year since Bitcoin price is still not showing any sign of reversal.

Ethereum now gain momentum since Bitcoin already slow down which means traders will jump to the next possible token to invest which Ethereum and other huge cap altcoins. 3K can be easily reach on following months.

This image won't show on your OP because you need to be at least jr member for it show but I'll quote it for you.

We're always like this whenever we're about to get on the bull run. Everyone wants to hold and with Ethereum, it has a better ATH and might likely reach to that point again unlike the other altcoins, when they're done with ATH, they never come back.

There is nothing stopping ETH from achieving new ATH if we have bull run now but regardless of bullrun, ETH is aiming for $3k mark for sure because it's already past $2k mark and looking at market situation I don't think this rally will stop atleast till the mid or end of December if we happen to check the historic data. Most of us know that $5k is not the limit for ETH as it has potential of much more and I feel it's going to be the pic of Altcoin during this anticipated bull run. Everytime once the price of Bitcoin becomes stagnant or begins to drop people will switch to the next most trusted crypto which is crypto and same thing happened in first quarter of 2023.

Well thats right. But I think most users are exploring the potential gains on other coins since the pump on eth and bitcoin is really doing well for such as solana, and other main altcoins. I think we can have a healthy bull market once this continue and gain more momentum.

3k projection is not a wow for a coin that it's ATH is somewhere close to 5k and whose present price is pass 2k. Ethereum is a very good investment for anyone who wants to diversify. There are alot of possibilities in the Ethereum network and this will positively impact the price from now till the next bull run.

Who knows whether Ethereum will be the star of the bull run. Especial with blackrock recent involvement and interest in Ethereum and their recent silence of ETF features.

It's interesting that whenever  we're getting close to or in a bull run, everyone magically becomes a master of the market.


 Majority of the tokens that rocked the 2017 bull run like Omisgo (OMG), NEO and the likes are no where near the top 50 right now. Even EOS that raised over $1B has lost its place in the top 30 and is not longer being talked about. This is why I'm always weary ab

Ethereum's position in this market is second only to bitcoin, so when the price increase approaches, people will immediately look for it, and usually sharks like it more than following other trending cryptocurrencies. Its ability to be applied to many different fields, as well as the fact that many developers try to exploit Ethereum's limitations, is also an indirect part of what drives many people to it. Anyway, investing also needs to balance the risk/return factor, so it's not too surprising to choose the top things.
Currently, there is a lot of positive news being spread, as well as the fact that bitcoin is gaining impressive momentum from news related to ETF spot. Perhaps from now until Jan 11, 2024 we will still fluctuate strongly in the market.

with ETF its gonna piece of cake remember ETH all time high is $5k if bitcoin is halfway to its all time high ethereum will too.
I personally have accumulated quite the sum of ethereum in my bag and I'm pretty sure that we're near bullrun of ethereum though its still uncertain but once the news about ethereum ETF hits the fan then it will be massive rally for ethereum.
however also needs to watch out for correction, I think we've long into some rally already that I think without some correction it just feels unnatural but doesn't bend my will to just keep on accumulating ethereum.
its just my opinion though I could be wrong, most of the time predictions might not align after all the market is trying really hard to caught you off guard.

Only if blackrock ETF will be approved. Ethereum becomes bullish due to the blackrock news. The result from this news can bring ethereum another hype or even boomerang that was pushing down the price again. That analyst may be true but we must also consider the power of bitcoin too.
If bitcoin backs again to the its previous price then we can expect eth to go to the same direction as bitcoin. Blackrock ETF didn't matter in this case caused by the bitcoin trend will become something that will determine the result.

ETH needs to get another hype to pump the price. Bitcoin halving will come soon. I expect ETH will go up along with bitcoin. The domination of bitcoin is still very big against altcoin.
I see no reason for ETH to be pumped soon.

just wait until ETF approved for ethereum it will be easy reaching $3k, ethereum got all thing required to be a number 1 altcoin, good utility, fundamental, innovation, capitals, and the massive transactions basically its just waiting for it to ever reach its all time high again in then future.
even if bitcoin is the one that gets approved ethereum would undeniably get some benefit out of it and will surely increase in value, i think its no brainer to hold ethereum right now since it might be your best decision ever aside from investing into BTC since we all know BTC is getting invested by massive investing company and is about to be approved its ETF.
its always BTC and ETH that gonna be reaching next milestone first before any other coin, and i'm sure these analysts prediction gonna reflects future.

I agree that people who hold their Ethereum for a long time they will see Ethereum price go up. When the big holders choose to hold their coins instead of selling them there are not enough coins available for others to buy. This can invite more people to buy Ethereum and so that can help Ethereum to go up in price. If this will continue and more people start buying Ethereum so soon we will see that Ethereum will cross $2500 and when it will cross $2500 so I believe that it will definitely go above $3000 too.But thing is that this is the market and market can do anything any bad news also give a chance of dump too. So keep in mind if it can go up so there is possibility that it can come down too. Always try to make research before taking any decision.

I don't know if this is always the case, but whenever an investor thinks of a coin that they want to hold for the long term aside from Bitcoin, the first coin that always comes to their mind is Ethereum simply because it's the number 2 right now in terms of market cap.

I mean it's always that case, and Ethereum has been proven to be a good long-term coin as it has been on the top for a long time and has survived many bear markets already. For these reasons, analysts are again just stating the obvious. What will be the catalyst? Again it's the Blackrock spot ETF for Ethereum. Ethereum reaching $3,000 is a realistic prediction, and TBH it might happen on the next bull run. We might see Bitcoin reaching $100,000 for the first time and Ethereum reaching that price again.

I guess let's just wait for it to happen while we are slowly accumulating. :)

I think that bitcoin halving and expected ATH afterwards is a big hype for ethereum, because ETH being second to btc, I think that the pump of of btc will affect ETH positively in the coming bull run. Ethereum, on it's own is the topmost altcoin, so I see the possibilities of it hitting $3000, a sure thing, because investors have more trust on it, being the top altcoin to distantly near bitcoin. Aside from bitcoin, the king of crypto, the most trusted and reliable altcoin that I can put my money on is ethereum, so it's only a matter of time before they reach and even surpass their projected ATH

Or just wait till we get to the halving time, and the bull run? I wouldn't hope too much for the ETF because it may not run smoothly as BTC. But if all three events have successfully occurred, ETH will be more than $3k. The last ATH of ETH was over $4k, so $3k is only easy to achieve even on a normal market condition. ETH is already a number 1 altcoin even though it is not like BTC who is first to be created in the altcoin category.

For those who are not yet into ETH or have less ETH in their bags, indeed that they shouldn't wait before it pumped high. They still have a time and they can start now. It is possible that some coins can rise when BTC and ETH are still down, but they are only small and doesn't last a long time.

No doubt that Ethereum can reach that. Remember that the ATH of it was nearly $5k? So, that means to say that the 2nd top ranked cryptocurrency in the market and globally is likely to reach back that point and $3k is just going to be its passage. Because once we're back in the bull run, the price of Bitcoin will be up and the same goes for Ethereum and it can be higher than $3k.

The projected price of it is even $10k for the next bull run. I don't know with those predictions but can say that everything is possible on this volatile market and with Ethereum. You just have to get on your shoes and be prepared when that happens because we don't get that often when the bull run comes and if it ever reaches that price again, it can be back again to a low that we're not thinking.

I'm sure it can happen easily (Ethereum price reaches $3000), because I think the next bullrun will happen soon, because next year is the best year for cryptocurrency (ETF announcement and bitcoin halving), so of course now is still the right time to DCA Ethereum until the next bullrun happens, because I am sure that if a bullrun occurs, then the price of Ethereum will increase at least 2x from its ATH price.

agreed with the DCA but the news about ETF was still unsure though but it is indeed the biggest factor that could determine whether this time around there will be bullrun or not because ETF would be huge for ethereum and bitcoin, not to mention both are already proposed for ETF.
Indeed always accumulating them is best course of action right now to do because thats plausible when there seem to be good news about to come out in regard of these two DCA and accumulation will be no brainer.
but should still also look at the new altcoin since if you realize it, they always have massive funding of million dollars and sometime could be good investment for future bullrun.

But what happened to your expectation mate? we have passed 3 thursday already but 2,500$ price for Ethereum is still on the process?cannot even sustain to hold 2k.
https://coinmarketcap.com/currencies/ethereum/

over expectation will care you nothing but failure and frustrations ,  better to just look for enough earning not unless you are for long term holding .

for the past 6 years people have been dreaming about a big ethereum pump that never comes.

the 2017 was the last big pump of this altcoin that will never be repeated. if you check the charts, this shitcoin has been dumping ever since that peak against bitcoin (from 0.15 all the way down to 0.02).
even their desperate attempts at pumping it back in 2021 failed as they could only pump it slightly to 0.07 before it started dumping back down again to 0.05.

at this point the only possible way for ETH to reach $3k is for bitcoin to start rising hard and if you hope that ETH doesn't get dumped hard against bitcoin. that way bitcoin's price rise would increase ETH price in dollar.
but then why bag hold ETH and not convert it to bitcoin to get a bigger profit?

Just make it come back to an all-time high and it's already good. Hahaha. That's what we are hoping for, an all-time high even on other cryptocurrencies.

Based on the chart, what I can see is these by-thousands price level is acting as supports and resistances, and these are psychological supports/resistances. So I am also expecting $3,000 as the next stop.

3k is definitely coming and anyone investing in ethereum and keeping their coins in cold storage will see good profits during the upcoming years, however even if ethereum did that movement, that will only represent a 50% gain, and while that amount is massive in almost any other market, there are many investors that may think that is an amount that is too low for them.

And because of this it will not surprise me if there were a lot of people out there that decided to pass on investing in ethereum, and instead they took the risk to invest in meme coins and other shitcoins thinking they can get a better performance out of those coins.

everyone knows about it, mate.  If there is a scarcity of a product due to an increase in people's purchasing power for that product, then it is certain that the price will definitely rise, as is the case with eth in accordance with your statement, mate👍🏻👍🏻

The price of Ethereum will be more than $3,000. The only question is when this will happen. After the Bitcoin halving in April next year, all potential altcoins will rise along with it, including Ethereum. Until this time, any surprises are possible, since whales usually provoke a temporary fall before a significant price increase. Therefore, the current price fluctuations are not particularly significant. Before the New Year, prices may either rise or fall.