Can ETH reach $5k in this up cycle ?

[Thavash]

What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0

[pakhitheboss]

I think you are expecting too much in this current situation. Within the last 24 hours it has dumped by more than 9% and nothing is there to stop it. Bitcoin is going through correction at the moment and it will drag Ethereum too.

I expect the price of Ethereum to reach $235 to $245 by month end. Before halving it should be somewhere around $300 to $400 range.

[puremage111]

$5,000 is way too much

Even going back to $1,400 ATH and break above and reach $2,000 is already impressive there
Judging from the price jump from $200 to $2,000
Its 1000% and it will actually push Ethereum to the road of Trillion market

Edit: Not impossible but unlikely this cycle

[flyer88]

$5,000 is way too much

Even going back to $1,400 ATH and break above and reach $2,000 is already impressive there
Judging from the price jump from $200 to $2,000
Its 1000% and it will actually push Ethereum to the road of Trillion market

Edit: Not impossible but unlikely this cycle

The current cycle of ETH prices has dropped to 9% and many say that this is just a price correction, and I also agree with statements like that. But to reach $ 5,000 I think it will be very difficult to achieve because Ethereum has their ATH in the range of $ 1,400. Many hope that when they release Ethereum 2.0.

[$crypto$]

It is too far to exceed Ethereum's price of $ 5,000 because the market will not be as stable as it was like the beginning of the month. Bitcoin is going up. The cycle is happening. But what is happening in the market is nothing significant to make up for thousands of dollars, except for me, Ethereum will be difficult to move like that. but approximately we think with $ 500 it's still beyond reasonable

In a bearish market like this it is indeed difficult to return us, the decline is quite severe, returning to all prices takes a long time.

[Republikcoin.com]

even to reach the price of $ 1000 I was quite doubtful. Although the potential of ethereum is huge, even it is believed to be a rival of bitcoin, but I have not thought about the price of ethereum which can reach the price of $ 5000. Well, that might be a very good optimism if someone thinks like that. but, for now, even the $ 700 price is still pretty hard to believe can be achieved.

[maydna]

It is hard to say, but it could be possible when the bull run is coming. Before the bull run coming, ethereum will not increase so high if there is no big demand from the buyer. I think ethereum itself will be difficult to grow for $1k if the situations still like this, especially if bitcoin price still goes down deeper. We can hope that everything will be changed in the next month so not just ethereum, but the other coins can increase and back to the higher price. Meanwhile, we need to satisfy to see the market movements in this month, and we can wait for what will happen with the market in the next month.

[strunberg]

its too overconfidence if we said ethereum price will touch $5000 in this bullish cycle. good coins in crypto market was not ethereum only, and investors surely will pick coins that spend less money but have same profits potency. if compared between eth and other coins such as ADA that have less price, i am prefer buy ADA. someday rise percentages will have same amount with ethereum. for example , i spend $1000 but have same profits percentages 10% ofcourse i will choose ADA.

[TanakabZX]

What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0

It's a dream that can't come true this year, 5k ATH is way too much, the highest you should be expecting is the last ATH of 1,400$ and that still depends on Bitcoin future price

[Tylev]

No, the ethereum price of $ 5,000 by the end of this year is absolutely unrealistic for the current cryptocurrency market. With a good combination of circumstances, you can still count on a price of a thousand dollars. Although this year there are many events that can positively affect the price of bitcoin and ethereum, the price of ethereum at $ 5,000 is still unrealistic.

[gensol]

Price of Eth at $5k is not possible in few years time. With the current market situation, seeing Ethereum at a thousand dollar by the year end is a miracle remember Ethereum ATH was around $1,500.

[Ken_terrance]

The answer is no, Ethereum is never going that high anytime soon, not even if Bitcoin hits 25000$ this year, let's be more realistic and not living in dreams that can never come true, predicting 5k for ETH is like predicting 100k for bitcoin, not gonna happen

[Chuky92]

What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0

$5k is way to much to even start with considering the current price as well as the nature of this space now. During the last bull run in which ETH increased massively there weren't these number of coins in the coinmarketcap, now considering there are other good coins which people might be holding and believing it will perform well will make ETH to have a divided attention even BTC will be affected by these as well but not as much as ETH. So what am trying to imply is that, that price is way too much, many predictions has been made yet none ever come to fruition so I think it's better we stop doing so and allow things play out.

[shaheer001]

I think it is not happening in the near future as the market is again down and if Ethereum reaches 1000$ it will be very impressive but I think it is too far to reach again to its high value in this year.

[dentolas]

What up cycle? Seems that the bull run was delayed as BTC never crossed 10.5k and much less the 14k barrier...
I don't think that ETH has the momentum to reach that level (unfortunately) unless some extraordinary things happen with 2.0 ... unfortunately this is looking more and more as a "no bull" year...

[leea-1334]

I guess I might have said it makes no sense even if ETH was still at $290 from a week ago, but after suffering this huge slide right now, I really do not see how it can make $5k in THIS cycle. It has to be another one perhaps in the same cycle as if it surges up to the old 1400 ATH,,, but not before we see a few more struggles to make even $1k.

[tabas]

I'd say that's too ambitious.
We have to pass first the $300 barrier before anything else or $1000 first before proceeding to the upper thousand price.

[trauchot]

I think that of course this is possible, but it will not happen in the near future at least, now the cryptocurrency is already too well known around the world and it is more difficult to pump ethereum price for manipulators and for a start we need to see an ethereum pump up to 1k$ and whether there will still be such a pump.

[kakamrul]

It is not possible 2020 but future is brite. Today my calculation, ether also in our buying zone and which is also major support and it is trying to hold it.  We have seen bloodbath in atls in last two days and bitcoin dominance is over 64%. Most of the coins back to bottom and giving opportunity to buy in dip but focus only on coins which are at its lowest point and focus on good coins so that when bitcoin get stable or move up you can make quick some money out of it.

[bgaf]

$1k already hard to reach, 5k can be achievable but it will need a lot of investors and have to beat btc in terms of market cap.

What up cycle? Seems that the bull run was delayed as BTC never crossed 10.5k and much less the 14k barrier...
I don't think that ETH has the momentum to reach that level (unfortunately) unless some extraordinary things happen with 2.0

Because of panic selling. Also whales are timid with the situation right now. Almost all stocks are down resulting to pulling back of some investors of btc too. Eth is the major altcoin can only par with btc and seeing it grow is nice but going there and predicting of 5k price is not suitable at the moment.