As of now Ethereum price for today is $379.37. It has a current circulating supply of 95.9 Million coins and a total volume exchanged of $615,817,129, it's possible to hit $400 this December.
Your speculations are right but Ethereum are way more excited than what you thought. Ethereum is currently having $410.60 and pumped by 8.11% as of this writing and in fact, we're still in November. I think it is really capable of reaching 1000K before this year ends or sometimes in January next year.