Bitcoin Forum

Hello,
Can Ethereum reach $4,891 by the end of this month? Please answer only YES and NO if possible.

Thank you.

the thing is that the price of ethereum may not reach to that point you expected because we have other coins people are investing on and people are seriously buying so I want to let you know that what makes all this coins to increase in the market is when they have a massive adoption and the if the Lack adoption the price will continue to decrease in value instead of increasing in value that is why I don't like to predict the features of altcoin so from your home observation and the research it can be possible that the price of ethereum May heat to the value or to the digit you mentioned it can be possible because the crypto market is increasing day by day especially Bitcoin follow the possibility is there for any coin to be a beneficiary of this market increment

I would also say no, it is difficult to predict such a price in a month's time for Ethereum.
And if it is predicted in the next two or three months or next year, there is still a possibility that after the halving it will go through several processes to reach that price. Maybe more than that, but even that should be supported if the Ethereum ETF approves it.
And the official announcement on March 4, 2024 has been postponed, and a new decision to approve or reject an Ethereum spot ETF after the first final deadline comes in May 2024. So we'll see how it develops.

Too early to say but I think reaching that much in just a Month is like telling us that there will be a big hype for ETH this Month and for me, this will not happen because that’s a huge pump. Let’s be more realistic here and predict a real price trend, don’t just follow the hype and feel FOMO because you might taking too much risk for this one.

Its almost 5k which is hard to achieve before the ETF approval. ETH will eventually go to that level but i don't think its price will spike that much within this month. On the other hand if SEC approve ETH ETF before the deadline which is likely to happen, then there is a chance to get to that level as all of those ETF managers will start accumulating ETH from the market and ETH staking and eigenlayer protocol already locked up a portion of the circulating supply of ETH so a supply shock can happen in here as well.

NO
 

ethereum will definitely reach that amount of price but i do not think it will be happening any time soon the price increasing that much for a short period of time can bear a few sequences at the end

I mean, Bitcoin has already hit its all-time high, so why not?  ;D

Anyway, time will tell whether Ethereum will get to $4,891 or not, but I prefer to give it more time rather than just this month. Ethereum usually achieves its all-time high several days after Bitcoin has done so, and at the moment, I don't think the Bitcoin rally is done yet.

The way the price started to rise, it looked like Ethereum would soon hit $4,000. But Bitcoin recovers from the highs and drops back down to settle at $59,000. While Bitcoin stood at $59,000, Ethereum fell to $3,200. However, I believe if the market starts to move higher again, Ethereum can certainly hold $4000 before the halving, and if the next bull market and Ethereum ETF are approved, I think it can hold up to $10000.

Anything is possible and only time can tell. But don't compare the move of Bitcoin to Ethereum. So, if it's possible I'd say yes but we don't know if your given time will make it happen. To answer that shortly, if you have that price target then give it a longer time so that you won't expect that much.
ETH etf has been delayed and I think that I see the pattern there and it will get another delay soon.

There's no accurate prediction if eth price will reach 4k+ and the timeframe you have given. It is possible that it will reach and it is also a no. If bitcoin increased more then it is possible that eth would also increase but as of now, eth alone reaching 4k+ would mean that there's a hype or something good news then yes it will reach but I don't think there's a hype for eth as of now so no and would only depends on Bitcoin price increase. I'd rather give more time rather than a month and maybe it will reach that price.

NO.
It's kinda difficult and the price is too high but we must remember we are in the cryptocurrency market, everything can happen anytime, even impossible. The crypto market is full of surprises so who knows? The question of OP is very difficult.

No!! ETH price will not be $4,800 plus this month. Yesterday the market condition was very good but the market again gave a little down. Today ETH price is $3500 plus. No one can accurately predict what will happen in the cryptocurrency market as the market can change at any time. But let's see how much the price of ETH rises this month.

No.
You are expecting too much from Ethereum for this month. It took approximately three months for Ethereum to reach the $3700 level and it will take more than a couple of months for it to reach the $4000 price point. The bull market is being driven by Bitcoin and all other coins are following it. Currently, its dominance has increased from 50% to 52% therefore it won't be that easy for Ethereum to reach the amount you are asking.

No doubt that Ethereum, a top altcoin that is second only to Bitcoin, has the potential to reach $4000, and go beyond, but there is a very low possibility that it'll happen within this month, the bull run is just getting started and every reputable altcoins in the market will surely bull with Bitcoin. Although nobody can accurately predict what the outcome of prices of any crypto coin will be in the future, but as you said we'll still make predictions and see how the market will manoeuvre the prices.

This year is the year that investors and bounty hunters have been waiting for, where the Bitcoin halving will occur in the next few months.
The price of ethereum may not reach the $4000+ you expect, but the price of Ethereum will reach an all-time high or a new ATH will make history of Ethereum's rise at this halving. Anything can happen in the crypto world, nothing strange but to go up $4000+ is very unlikely to happen.

Give it until the end of the year and many will say that it's a yes. But if you're giving that hurry until the end of this month, it's probably not enough. The quick movement of Bitcoin doesn't mean that it will also give that quick move to Ethereum and other altcoins that are in the market.

Yes, anything can happen but if we go with the reality. It's unlikely that we see it at the end of the month but there's also the half of me telling me that we might see it.

for me more importantly is the question if ETHBTC will go back to 0.087 this cycle or even 0.1 as in 2018... but looking at the big picture the trend is more like lower highs so that's a bit concerning..

no,
I'm not sure ETH will touch that price, even though the increase in eth is very good this week, but to reach 4800$ is still too high, but who knows, anything can happen out of control, and predictions

I guess, it would within March.
Ethereum had been making gains and sustaining it. Bitcoin tested the resistance around it's all time high creating a new one by a small margin and correcting at the time.
With the trend sustaining, we can easily see Ethereum making another all time high this month considering we have large number of days still left for the month end.
Ethereum is more popular at the current moment due to its duncan update, the effect would be visible in the network making it easier for people to transact in Ethereum.

Ethereum have not really performed as much I expected, being the second biggest cryptocurrency after Bitcoin. To confirm this, check the price movement yester and see that Bitcoin made a new all time high whereas Ethereum failed to make a new all time high, meaning that Bitcoin outperformed it. In SMT technique, this is a case of divergence which can be regarded as the reason for the huge drop in price. Now that the correction is over and price has continued to move, it is not still likely that Ethereum will hit the all time high before the end of this month. Anything is possible anyway, now we do not even still know where the present move will end or if it will continue that way until the halving.

I'm not sure for this month, because the difference is quite large with BTC, but if BTC makes its ATH this month, then it's possible that ETH will make a new ATH too.
everything depends on BTC, if BTC has gone up and then stabilizes, that's the time for altcoins to go up, so you need to pay attention to where the money is flowing.

Ethereum is showing increase as the bitcoin increases but people have diversify their investment in different coins due to which the number of ethereum cannot increase to such a higher value in just a month. I don't say that it will never happen because there is a possibility that during Bull season every coin will attain higher value but in current month it is not possible to happen.

The price of bitcoin shows quick gain and the reason is that halving is near as well as Bitcoin ETF has been approved therefore if the ETF of Ethereum gets approved then their is a greater chances that it will show the same pumping with the same rate but now it is not possible to attain such a huge price just in a half month.

I can't predict, I'm afraid of guessing wrong, if you believe ethereum will reach the target point at the end of the month as you want, then we'll see together, hopefully it will really be achieved, but that's all. very impossible. but this is the crypto world so something that cannot possibly come true if there is a driving factor and only market movements can provide the answer, if bitcoin continues to show good things and continues to creep up, maybe ethereum can reach that point.

As far as the price of Bitcoin keeps going bull, we are going to see more bull movement from our crypto portfolio.
Bitcoin has huge impact on all projects in the market and we need to be prepared and keep holding so that we can always make money from our holdings because I am very sure that the bull is going to be massive and we are going to make hold amount of money from it.
If we are ready for the market, we are going to be surprised that consistent profits is what we are going to be before the market finally start going bear.

amm, it is hard to say that Ethereum can go at that point you mentioned above so I would say No for now because Ethereum is already at the price of $3.8k at the time of the creation of this post. We may see a correction in the near coming time frame as the Halving event is also very close so I am expecting a correction. I hope that we may see a good correction in the coming time frame so that we all can buy It at a good price zone. in a very hard guess, I am expecting a correction of the Ethereum nearly 3.2 to 3k price zone. Do Your Own Research.

If we find this price zone we can fill up our bags happily like both can buy here those who are buying it at the first time and also those who are selling here with the intention of buying back so that they can enjoy a good amount of profit. April is going to be the month of the Halving event so let's see what will happen. till then wait and enjoy the bull run.

That's right, I was also very surprised when I saw the coins or tokens that I had been holding, it turned out that their value was increasing over time, that's where feelings of happiness and joy grew. The impact of Bitcoin excitement is real, but not all of it has an effect, some remain in place, meaning there is no movement. From there, we have to be really precise in choosing coins to store for a long period of time

Any time you can guess but not all guesses are right so i don't want to just guess to enter this market. The right time to buy ethereum has long passed because its price has gone up a lot. Those who bought ethereum earlier this year have now made good profits. But if Bitcoin continues to do well and continue to rise in price, Ethereum may reach that point. So try to invest at your own risk then do the research properly.

Reaching ETH 4800$ is not that hard but within this month i don't think so. But it seems 4k is imminent, and even we can visit 4500$ before the halving. In the long run this price target for ETH is nothing as we saw how much ROI ETH gave in every cycle and on top of that, ETH is deflationary, which means supply is decreasing. If ETH ETF is approved by the government then we can see a supply shock in the market. A large portion of ETH supply already locked in the staking contract and ETF approval will further reduces the circulating supply.

Yes, especially during this period of time when the market is good people end up randomly investing into crypto without realising some are at the peak and may have correction anytime. TBH the time for buying crypto has passed I think we should have done that like one year ago if we were expecting multi fold profits but still there are possibilities as ETH still stall away from it's previous ATH and Bitcoin market will define whether it will be worth it not if Bitcoin declines then it would be a big know since all the Altcoins will go red if Bitcoin goes red. It's better neither to speculate nor to go by any specualtion and just stick to our own research.

Well I think the answer is "no" ethereum is not doing the way  I expected,I was expecting ethereum to be at the range of $5.8k by now. but on the contrary is still at the range of $3,843 so I think the possibility for ethereum to get to that level is still 50%well let's see if there will be a serous increase from now.