Ethereum is Above $500 can it Sustain Further?

[btcluisdiki]

Ethereum is Surging and Stabilizing at $490-$500 level what is the main drivers of this Surge and Can it sustain Further at ATH?

Any thoughs about this guys!

Sometimes, I tend to lean my thought towards believing that some of you (dudes posting here) believe there are some gods who see into the future in business. Wrong! There are none. Yes, I said that but let's not go biblical for that will be entirely another line of debate. And I am not prepared for such an exercise.

Having said that, I will point you OP to two things: History and Precedence. Those should be every trader's vital analytical tools. Check the historical data of Ether and you would observe that at some point this year ethereum did over $1,300 as ATH. It is a good use-case coin. And for the fact that it is hanging around $500 now shows it is a good time to get in. Enough said.

Just an opinion, I think Ethereum is now starting to stabilize it's price at $500USD and this probably depends on the performance of bitcoin in the coming weeks. If the market trend on bitcoin will still be a bullish run, then I would assume also that this will make a positive effect on the ETH market price value.

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[letningmequin]

This is the best platform today, it will go on

[Argoo]

Of course, the potential of ethereum is very huge. This coin is still undervalued and as soon as the crypto-currency market starts to rise, ethereum will grow well in price. While we see the price linking of this coin to bitcoin, however, it can also display independence from its price. Under normal circumstances, ethereum can reach the rate by the end of the year at about 2500-3000 dollars.

[fokinlipat]

Ethereum is Surging and Stabilizing at $490-$500 level what is the main drivers of this Surge and Can it sustain Further at ATH?

Any thoughs about this guys!

Why not, it has already touched levels like $1000 or more in the past and I am sure that it is capable of reaching that again. You will have to be patient though to en cash at those levels. I think many people would have invested at those higher levels also and they will keep selling as the prices recover or match to their buying prices. As a result, demand will also keep getting affected negatively as the prices rise and we may not be able to see consistent rise in price of ETH.

[bagikoin]

in a few months, I can get from ethereum race this time. even higher than what exists currently. the prices that are currently too far away from the actual price of the ethereum because this is one of the coins are potentially large.

[clonedone]

Of course it can. Now we can just wait for the end of correction, and bitcoin, eth and other altcoins will grow very fast. Ethereum has long been the base currency in crypto and it has an extremely high potential in the future.

[wiak2]

Helo friend. I believe that  it will be more stable above $500 as you can see it is the hard support as of the moment.

[Anton1105]

Growth bitcoin and ethereum arose in connection with the entrance of a major player to the market. According to experts' estimates, by the end of 2018, the growth rate of bitcoin is expected to exceed $20,000 and the ethereum rate is expected to exceed $1,500. Will this in fact with complete certainty not be said, since these are only predictions.

[arunakiran]

Yes, Now it is trading above 500 USD. If it is sustain at these price, surely it will reach 650, 800 USD and 1000 USD. If there is any negative news about crypto in coming days we will see.

[hellyeahent]

As before, has an excellent price compared to the same period last year. There is every chance of benefiting in the long term, despite the fluctuations.

[Coopeer]

Of course, although its price has been declining in recent months, I still have not lost confidence in it. I believe that it will soon erupt again and surpass the highest price in history to usher in a new peak. I look forward to it.

[Mertalot]

The market is very fluctionate, but Ethereum is more on a bullish trend , so I believe in ether

[burakdat]

Yes of course. This is something that bitcoin had also during on its earlier years in operation. Bitcoin started or i guess had gone also to a market price per bitcoin for 1 USD. And ethereum has more than that for now ranging 400-1000 USD. So if you are planning to get more profit i suggest to invest in ether. THis is new and this would be a great crypto that will change your life for it. Do not be too late to invest in ether. I believe that it can sustain further up to where bitcoin now. The good thing about ether is its downloading capacity that requires only a second to get your ether coin. THis is something that surpassed bitcoin in its technicalities. SO go for ether and earn in the near future.

[memFISTO]

While the market varies, but there is every chance for active growth. After all, the fair price for Ethereum 500 dollars. Even there is every reason to move to a mark of 1000 dollars.

[Fahim]

I would not want to see a rapid price increase. It always ends badly. Instability and sharp lowering of the distortion in the whole market. The gradual increase in the price is more favorable on all sides. However, expectations of $ 1,000 per unit, in my opinion, are still relevant. I think under favorable conditions we can see it in a couple of months.

[clarkt]

Not only will Ethereum sustain $500, it's going to keep rising in price as the days goes by.  Remember late last year Ethereum sold for almost  $1500. We might see Ethereum surpass it's past alt!

[senne]

As most of the people expected, after the dark phase of Q1 where every crypto currency faced a blood bath. Market seems to be recovering at a very fast speed this has also helped Ethereum to regain its value and jumping above $500. This clearly puts one in a dilemma to invest in this currency or not, for me I believe market is pumping very hard and another crash is on its way. Things are not so smooth in this field and one can easily expect a downfall in the coming days.

[Blessed J]

I think it will even go higher than that and probably get to the expected price we all want. The price of Ethereum has suffered so much this year but the price now is a sign of better days to come. We are all waiting for the moon.

[feverpitch]

Probably, yes it can. And one of the reasons is their community, how not how ETH is one of the bests projects. And I think ETH price will be much more than right now.

[Olatunjex]

I think $500 is tip of the icebergs, eth might probably touch a new ATH possibly EOY but nothing is certain a lot last year prediction failed. The growth will be based on good news that surfaces in the media.