Ethereum prices may never again reach 1000$, says analyst

[Pearls Before Swine]

Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400

That's true, but other coins went along for the bull ride in 2017.  Dash hit about $1500 if I'm remembering correctly, and look at what price it's trading for now...about $50.  So it isn't exactly as if Eth *deserves* to be trading at $1000.  Maybe $140 is a fair price for it right now.

However whether the current Eth value is fair or not, I do think there is a ton of upside potential and that it will be worth more than what it is now.  I don't know how long it's going to take for the price to rebound, but I'm pretty sure it will, especially if and when it goes full proof of stake.  That should turn a lot of people on to it, which should be good for at least a short term price increase.

[barabarian1]

in my opinion it's still possible ethereum can reach $ 1,000. because I see ethereum always following the price of bitcoin. when bitcoin goes down ethereum also decreases. so I am optimistic that later in 2020 bitcoin is reduced by half and then the price of bitcoin is pumping then ethereum will also go to the moon. ethereum includes coins that have good technology and low transfer costs and are in great demand by investors. so I think there is still a chance for ethereum to be able to pump again.

[adjed]

It all depends on whether the altszn would come or not, if it would come then we might see ETH even exceed that amount when bitcoin hits $50,000 or above, I know this might sound too optimistic but that's what I truly believe, the Cryptocurrency sphere is highly volatile and we have seen things that we thought were impossible become possible and I have learnt not to discount anything as too impossible to happen especially when it comes to price changes.

[Aabcde]

I am sure ethereum prices will bounce back but don't know to what extent. During ethereum gave new updates which are very interesting.
On the other hand, of course this price will be influenced also by the price of bitcoin. As we have seen in the last 5 years that if the price of bitcoin rises, the price of altcoin also tends to rise following the king. Let's look at the development of kirpto in 2020. Will it be satisfying or disappointing? who knows.

[TastyChillySauce00]

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...

I do agree that future forecasts are kinda useless considering how much time they get it wrong and also most of the time if they get it right because of the self fulfilling prophecy. However, I don't actually sure that ETH will hit that much of price either considering how much the circulating supplies of Ethereum which is enormous and keeps on accumulating day by day. It just feels not right and will surely bloated. However I feel it's undervalued if the price is below $150 either. There must be a sweet spot for it.

[LouVandetta]

At one point it's true even now ethereum is struggling to even reach and surpass the $200 mark, and to have a stable price above that. So, to reach $1000 mark again might be really hard. But it doesn't mean that it does not have the chance of going back up just like it used to be. We're talking about analyst here. Not every of their predictions are true.
Though I agree back then when the price was still very high not only because of bitcoin price surge, but also how popular eth back then. But there's still hope for ethereum to have a good value especially after another development which is eth 2.0.

[Yaunfitda]

I do believed that Ethereum ca still get to 4 digits as long as ETH 2.0 will deliver what it has promised.

Of course, there's the block halving that can really affect the price of altcoin specially ETH. So to say that it may never reach $1000 in the future is not true, in my opinion.

It's just struggling today, but in the next 6 months to one year we can go back in this thread and says' that they are all wrong with Ethereum.

[bgaf]

It's still too early to say that. When eth reaches 1000$ its becauss of the market bull run not because of it owns pump or growth alone. The market moves together not just one project alone. Yes it could move faster than others if there is a growth. Eth still on development and people will realize its worth if the erh objective is accomplished.

[huu78]

Ethereum will be hard to climb back to the price where the ICO's heyday lasts. Can not be at the leftover investors are now more afraid to invest in a new altcoin where it is riskier because many scammers and projects fail. Because of the hype of ETH used to be when many of the ICO projects and their platforms used are reasonable a very high price increase compared to now, as ETH is not much in use anymore by them transaction.

[bitsurfer2014]

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.

I agree! If only we could collate all the crypto analysis about ETH coming from different "crypto industry analysts", then we can observe that there are contradicting theories in which most of them were product of mere prejudice and speculation not to mention that they are still unprecedented.

One thing is sure though - that the future of ETH or the crypto industry in general is still unknown. Its either we may experience euphoria with it again possibly with great intensity compared to its ATH last January 2018 or we may be left behind with disappointment and despair!

Well just never know what will transpire in the near future. Imho.

[andriarto]

Ethereum will be hard to climb back to the price where the ICO's heyday lasts. Can not be at the leftover investors are now more afraid to invest in a new altcoin where it is riskier because many scammers and projects fail. Because of the hype of ETH used to be when many of the ICO projects and their platforms used are reasonable a very high price increase compared to now, as ETH is not much in use anymore by them transaction.

but this is not a reason if ethereum cannot reach its heyday again, because a good project will certainly have an innovation to boost its products. and we know that at the beginning of the year ethereun 2.0 will be held. and we will find other innovations next

[ajiz138]

Anything can happen in crypto. If the price of ethereum is doubted it will reach $ 1000 again, of course you should look at the future price of bitcoin. All depends on the price of bitcoin. If bitcoin reaches a new ATH and reaches $ 20,000 then it's not impossible ethereum and other altcoins reach a new ATH as well.

Cryptocurrency is very complex and anything can happen. Technical and Fundamental Analysis only helps to predict it, not to determine future prices.

[cutesgirl]

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

Maybe hard for ethereum pass above $1000 because right now ethereum never raise up again, look die for ethereum how to raise on higher price to give best thing for investing get back their money, I miss with eth come back with higher price because will give motivate for many ICO become success if have new thing at the future eth can raise to higher price.

[magneto]

It could very easily reach $1k if BTC prices go up in a rally that drags the entire market up.

That's the thing with altcoins. For them to rally hard there is a prerequisite requirement that bitcoin is in a bull market first. However, BTC prices should ideally move sideways for altcoins to realise the most gains.

ETH is one of the coins that long term speaking, is one of the more stable and fundamentally sound coins out there. I wouldn't dismiss it this easily.

[starblocks]

Ethereum has a lot of potential so just wait until Bitcoin recovers and the new network updates arrive next year and you might see some positive price action that's long awaited now, so don't doubt that it has some more potential value as a quality investment

[Tylev]

No one knows which way the further development of cryptocurrency will go. However, if you look at cryptocurrency, Ethereum is still one of the most promising cryptocurrencies. The price of this coin will depend on the general condition of the cryptocurrency market, as well as on the functionality of the coin itself, and the price of ethereum will grow as the market develops. Given that bitcoin is still dominating other types of cryptocurrencies, the price of ethereum is still dependent on the price of bitcoin.

[Pamadar]

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.

It's difficult to predict whatever the directions this coin will be heading but comparatively speaking each updates creates good lift in terms of valuations, investors are expecting good rise though touching 1k$ still uncertain. Possibilities that it go that far is when bitcoin started to pump up. Most useful
alts will gain valuation part of that is ETH who mostly tailed BTC when big blowout happened inside the market.

[mindrust]

Ethereum's biggest enemy is its own design. The Unlimited eth supply will always create huge pressure on the eth prices. Combine it with the ongoing bear market and you'll have the current eth prices. Completely out of the race with bitcoin. It may reach 1k again but it may take a lot longer than what people expect.

[Republikcoin.com]

actually I also feel that way. it's just that until now the development of coins based on ERC20 is still ongoing, and it is the platform of ethereum. besides, we don't know what ethereum 2.0 will look like in the future. Although some predictions say that the price of ethereum will not reach the price of $ 1000, but I quite believe that there will be a chance where the price of ethereum approaches that.

[scambust]

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

Oh, same things have been said about Bitcoin never reaching the $1,162 all-time-high price again. What is the price now? $7,400? The 2015 version of me would extremely be shocked at today's price. The crypto space is still nascent, a lot of things can still happen.