Ethereum prices may never again reach 1000$, says analyst

[Marble777]

When Ethereum gets the highest price in 2017 then of course it is the highest price that can only be reached by ethereum at that time and the price increase is also influenced by the high price of Bitcoin at that time and as you said that year the ICO is growing very fast so demand is Ethereum was very high at the time, but for now I think reaching $ 1000 is still very difficult for ethereum, but if the price of Bitcoin goes back to 2017, of course it can happen again.

[livingfree]

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. [/b]

AFAIK the all-time high for Ethereum wasn't reached during 2017 but it was during the January 2018's first few weeks. That made a significant pump for most altcoins and Ethereum took the spotlight.

This happened after bitcoin reaching its all time high so that's possible to happen again when we see a bull run. It will be for bitcoin first then the altcoins will be next. Those analysts that says we may never see it again, okay that's fine.

[alt-fire]

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

I am sure that Ethereum again will reach price more than $1000 because all market will grow and Ethereum is not exception. All the market only in hands of whales and bulls.

[poornamelessme]

Analysts are close to worthless in the crypto space. According to 'analysts', BTC should have hit both zero and 100K since 2017.

As for ETH, nobody has any idea if it'll reach 1K again or not. It very well could, not due to ICOs obviously, but due to 2.0 and a lot of coins theoretically being locked up in staking. Or maybe it never hits 1K, just 500-600... or less... whatever it hits, the odds to me is that it'll be higher than current prices at least.

[ganeshramk]

Lots of people are saying ETH will hit new ATH very soon. This one is contradicting. So I don't believe that. Let it go up or down. I will wait and watch instead of spending time in reading such analysis.

[OneCoinMan]

I think it’s worth considering this article, since it seems to me that this is true. Indeed, in fact, ETH showed the best growth in 2017-2018, because thanks to it investments came into new projects that were built on the ETH blockchain, I think it’s time for us to open our eyes to all the events that are happening and understand that nothing is happening heats up the price of ETH so much because all you can do with it is send a transaction or make a smart contract, nothing more. I think that it is worth looking for a new coin that has useful functions and may become in demand in the next bull market.

[leowonderful]

I agree that the ETH might not reach $1000 again, but we're currently at $154 as of today, and there's about $850 to go to even touch $1000. There's plenty of space for moves within this relatively large range, and even though ICOs are not as prevalent as they used to be, I expect IEOs and ICOs and fundraising efforts of this type will probably start to become popular once again if Bitcoin starts moving up towards its previous high of around $20k once more.

[Febo]

Ethereum prices may never again reach 1000$, says analyst

There is over 100 million Etherum in existence. At price of $1000/ETH, whole Ethereum network would be worth over 100 billion USD. Do you know how much money that is?

[Ezravdb]

ridiculous prediction.however the market situation can change instantly and all predictions are not correct.Believe it or not you can see the progress made by the Ethereum team.several crises in the market have an impact on the decline in prices of btc and altcoin caused by many cases, including frequent market hacks, of course this will affect the price of btc and eth.I believe  BTC will go up 25000 dollars and ETH will go up 1000 dollars

[IvugeoEvolutionCoin]

Many argue that ETH skyrocketed back in 2017 because it was the major coin used in ICOs since many new projects took advantage of its smart contract and ease to create ERC20 tokens. However, I still believe ETH can touch 1000$ in future but not so soon, it will take time. Generally crypto market has been down, not only ETH and if there is a major adoption of crypto, we all know it will begin from Bitcoin and then ETH before other altcoins.

[bitcoin-shark]

all the future forecasts of the various analysts in the sector are useless, no one can foresee the future the value of eth could still fall but I believe that by the end of 2020 will return to the values ​​of the end of 2017 that is around $ 1200, no one can say for sure you just have to wait for the events...

[Tipstar]

Things can go in any side with Ethereum. The future of Ethereum largely depends on the upcoming upgrades. If they are able to upgrade Ethereum without an issue than there's no stopping of Ethereum but some miss would lead to alternative tokens giving a tough fight for Ethereum. Ethereum has a large userbase and headstart while it's technologically older than the new generation utility token.

[desticy]

Never say never. If the price of bitcoin rises to $ 30,000, what do analysts say will be the price of Ethereum? For me, one thing is obvious, without the growth of bitcoin there will be no growth in the altcoin market.
You can say anything you like, but the market has manipulative control levers, which does not allow you to give any accurate forecasts on this subject.

[pixie85]

It will depend on Bitcoin. ETH can look weak if you look at its chart alone but it follows Bitcoin so if BTC goes to 10 thousand again ETH will pump even without the ICO boom that lead to an all time high last time.

The weakness of ETH can be measured by how much BTC will have to pump first to get it to 1000. Last time 20 thousand Bitcoin gave us 1000 USD ETH. This time such price of bitcoin can mean a 500 dollar cheaper ETH but it will still be a great achievement.

[Crypto5060]

It's very unlikely for it to happen considering the current price of Ethereum. For it to happen, the entire crypto market has to become globally accepted.

[tenakha]

Ethereum prices may never again reach 1000$, says analyst

Could analysts predict when ETH reached ATH or the lowest price? Or have they made the right long term prediction so far? Stop believing in them hearty. Just look their thoughts to add something to yourself. This market is the brake exploded truck and the time is unknown road, nobody knows what will happen, so fasten the belts and hold them tight.

[JeffBrad12]

Never say never. If the price of bitcoin rises to $ 30,000, what do analysts say will be the price of Ethereum? For me, one thing is obvious, without the growth of bitcoin there will be no growth in the altcoin market.
You can say anything you like, but the market has manipulative control levers, which does not allow you to give any accurate forecasts on this subject.

Definitely, and these so called prediction by analyst at the end of the day is only a speculation and nothing more because the price of crypto are unpredictable and trust me if these so called analyst is always get their prediction right they would have become a billionaire.
It's just a matter of time and $1000 is definitely possible but quite hard to reach however doesn't mean it can't get there if crypto somehow having a bullish trend.

[swivel1983@gmail.com]

I wouldn't listen to any analysts. Because there can be a lot of opinions, but we don't know which of them will be correct. Therefore, rely only on yourself.

[jajorforce]

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

2017 year was for ethereum blockchain which means huge bullrun. In this correction time you can't be sure that ethereum can't touch 1k USD. You know Ethereum 2.0 can change the altcoins price with altcoins price. You know after few months CMC could rise more then now that time could be easy to reach 1k again to Ethereum coin.

[fuer44]

I think the analysis will always say good things about crypto rise. but if we look at the etherum 2.0 plan, POS, and some other developments that are said to be vilatic, I think etherum will indeed go up, but don't know what value it will reach.