Ethereum prices may never again reach 1000$, says analyst

[Congyang]

for this year or in 2020 it will probably be difficult to be in the price of $ 1000 but we will never in the next 2 years. because there are also many speculations and predictions that say if the crypto market will have a maximum bull run in the next 2-3 years

[DonFacundo]

Never to reach $1000 the price of ethereum? how can analyst so sure that ethereum will never reach that high price again. I believe that ethereum will reach the highest price again and it will surpass $1000 price for sure.

[slaman29]

The crypto market has been down to more than two years now with a huge decrease in prices of altcoins like Ethereum whose costs once soar back at the apex of the crypto bull run when Bitcoin’s price was nearly $20,000 combined with the expanding fame of altcoins in the midst of traders.

Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400 with lots of purchasing pressure from a retail crowd pushing the cryptocurrency high as can be. This was supported in those days in light of the fact that blockchain was being utilized for Initial Coin Offerings (ICOs) which implied that investors who needed to get new altcoins would put resources into Ethereum.

Source: TheCoinrepublic

He could be right. I'm not saying I completely agree with him, but I do consider the possibility that altcoins may never reach ATH again, and this is all old altcoins, discounting new ones. Bitcoin is different altogether, that can go on and on but in the next bullrun, everyone will see how ETH performs, especially because this will be by the time ETH 2.0 with pos.

It's not just all about ICOs, ETH is still the most active dapp platform and with 2.0 more dapps will come. People need gas more than they need ETH to invest into ICOs.

[josephrioveros123]

I think we should still invest on cryptomarket. Because it is only starting a lot of people don't know crypto currency yet. When it has been learned by the next generation maybe we can earn a lot more higher. Or the prices of bitcoins and alt coin will be much more higher even though it is going down for now. It will rise up again and rise little by little as the demand increases. For me it is good to invest little by little today and earn it on the future specially on bitcoin and eth because it is the two best crypto currency out there in the market.

[Kersh768]

The crypto market has been down to more than two years now with a huge decrease in prices of altcoins like Ethereum whose costs once soar back at the apex of the crypto bull run when Bitcoin’s price was nearly $20,000 combined with the expanding fame of altcoins in the midst of traders.

Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400 with lots of purchasing pressure from a retail crowd pushing the cryptocurrency high as can be. This was supported in those days in light of the fact that blockchain was being utilized for Initial Coin Offerings (ICOs) which implied that investors who needed to get new altcoins would put resources into Ethereum.

Source: TheCoinrepublic

Demand and supply simply determine the market value of a crypto. I do believe that predicting the outcome or something which is not in control of any individual, is simply impossible. There are people who assume an increase for Ethereum given its reputation in this industry but also there are these people who do think that it won't. Different people yields to different assumptions and perception. But looking into ETH in general, I don't think that its price would remain low.