Can ETH reach $5k in this up cycle ?

[fuer44]

anyone can give a prediction, but if you look at it rationally, etherum is still impossible to reach $ 5k even if a bull run takes place this year. etherum once reached its highest price at $ 1000 and after the bearishness lasted for almost 3 years, the price of etherum is still stuck at $ 200. I think it will be difficult to reach $ 5,000.

[Vishnu.Reang]

The basics are not that strong for Ethereum right now. As a mode of payment, it has lost ground to other coins such as Litecoin and Bitcoin Cash (ever since the steep increase in transaction fee which occurred a few months back). And apart from that, it is not being widely used for any other purpose in the cryptocurrency sector. Even the smart contract concept has not taken off in a big way in mainstream economy.

[mersal]

First the price needs to reach $500 then only we can talk about the next level speculation.Since ICO projects are not under interest of investors ethereum is really struggling to show any good movement on its price so it heavily depends on new projects to get succeed?

[bonyaserg]

Personally, I believe that Ethereum is a very promising coin. And to achieve a large number is quite possible. Therefore, we will monitor the market and observe this situation. There are many different opinions on the cryptocurrency market regarding the Ethereum forecast. Some predict big growth, others promise a complete failure of the coin. So we will choose for ourselves something in between and get a positive result from this.

[Gheka]

At this current status of eth it is not possible because price has decrease. Price first must overcome to thousand rate before predicting this huge amount. A lot of speculations actually so hopefully the price of eth will show an improvement in the coming months.

Today, bitcoin has slipped after days of sharp price increases, ethereum has begun to lack the basis for a strong increase, therefore, before we want better situations for ethereum, we need to wait for bitcoin to overcome this difficult situation and give eth a chance to recover. However, we can still talk a little about the price this topic offers, and there will probably be very few exceptions when almost everyone will answer for this opportunity to be zero, cycle up is reasonable, increasing conditions are also reasonable but the expected price is unreasonable

[In the silence]

The audio isnt clear? or the voice but i understand enough.
This is very impossible specially now that its hard to surpass the $1000 ATH.

[Divinespark]

Why are you expecting at this price? You have so much faith and hope in ETH. $ 5000 is a crazy price for ETH because we're still in the bear market and blood has been pouring in this market for days. This year if possible, ETH will go up to $ 400-500, and that's a great price for it.

[Moshaid]

Ethereum reaching this price is not something I think I possible, yes it's good for one to be optimistic in the cryptocurrency space, but there are some ridiculous predictions even when analysing it turns to garbage or unrealistic measures. Cryptocurrency has lost it main purpose over the months and not until most project are implemented in the real world scenario where people make use of In their daily activities, this price figure are not what to be think of.

[SquallLeonhart]

I understand now that people just want to get rich so quick that their judgement can get clouded. No other person with a clear mind would ever considering bitcoin going to 5k and I agree with that but when people are so poor that they can't think of any other way to make money, they cling to their investments and they want it to go so high that it would make them pay all of their debt and live a more decent life.

I seriously hoped for bitcoin to go for 20k as well on the recent bull run in order to pay my debt as well but it didn't and now I realize it was an unrealistic wish anyway. So, these people who make these kinds of weird and unrealistic hopes for coins to go up insanely high are not really doing it because they think that will happen but doing it because they need it to go to 5k.

[xSkylarx]

Ethereum still needs to go through a lot before it reaches that value. We all know the history and the whole journey of Ethereum and it will be hard for it to reach $5K easily. It has huge potential but we shouldn't expect too much out of it because that might only lead us into disappointment. Just have patience and when Ethereum has gone through a process of developments and adoptions, it will surely hit a good price.

[Rodeo02]

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

its too good to be true, we all want to increase its price to earn profit holding it but its too far for reality. ETH cant even reach the $500 target by this year and now you are claiming it will reach $5000 .

[luckyflop]

To be honest, the price of ETH could go up to $ 5000 in the future, but I think it will take another 5-10 years to accomplish this goal. This year or the next few years is hard for the price of ETH to go up and surpass ATH. First we need to wait for Bitcoin to go up and break ATH, then all altcoins will follow up behind.

[skarais]

I think the OP must think rationally in expressing opinions. Everyone can predict and speculate about the price of cryptocurrency, especially Ethereum which is being discussed. The Ethereum price increase cycle has broken and has only seen decline after decline in the past few days. I only believe that prices will continue to decline if Ethereum prices do not have the support of bitcoin prices.

ETH cant even reach the $500 target by this year and now you are claiming it will reach $5000 .

Are you will to say that claim is nonsense ? I will say that because it is a very difficult target to achieve.

[forexandcryptoauditor]

When Bitcoin was $20k at its peak, ETH was $1.3K at its peak. $5k is a much higher price and I don't think this is possible in the near future. At the moment ETH is not in good condition and can touch to $150. Upcoming Bitcoin halving rewards event will certainly help the entire crypto market and we may see ETH around $500-$700 range.

[Kasabus]

To be honest, the price of ETH could go up to $ 5000 in the future, but I think it will take another 5-10 years to accomplish this goal. This year or the next few years is hard for the price of ETH to go up and surpass ATH. First we need to wait for Bitcoin to go up and break ATH, then all altcoins will follow up behind.

But for now, ETH will find it hard to reach even $1000 because the market had crashed again. Although this coin has huge potentials next to bitcoin, but it will not recover immediately and it will take bitcoin to go up first before ETH find its way upward. But in the next 10 years, $5000 could be very possible for ETH price and might even surpass it even more.

[Meowth05]

Well I think it is possible to reach the worth of $5000 of Eth however, it will take time probably few decades will past before ETH reach it. This won't happen in a small amount of time even if there's bull trend happen because if you will take a look way back 2017 where the market is on hype it the only ATH we've seen is around $1400 and if the halving will really bring a prosper to all coins in the market then we could only see worth of $2000 / ETH.

[bkbirge]

Depends on BTC, if it rallies to $100,000 USD then I have no doubt ETH can reach $5,000 USD at the same time.

[Rosilito]

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.

Agree, even 1000 USD was quite far a head to reach , then how even about $5000? Besides with this current time ETH doesn't even have no signs of reaching at least $500. And looking upon the last 3 month run ETH hsd only reaches $270 having a gain of +49.96, in which I kinda think that it will eventually hit $300 sooner (but $5000? Unreal, but may be in the next incoming years though), and then will fall down as people would be driven by an opportunity to get their designated profit if they would invest now. Well, I ain't saying that it is far from being real but considering the circumstances with the time being, majority have the same perception that ETH won't be able to attain such high goal.

[Furious 7]

Depends on BTC, if it rallies to $100,000 USD then I have no doubt ETH can reach $5,000 USD at the same time.

When will the rally occur by saying bitcoin can reach $ 100,000? for me it is difficult because to touch $ 15k is difficult even bitcoin down even more may take a few more years to achieve that much just can be said.
Ethereum still hasn't shown its self-esteem because there hasn't been a good development even with Ethereum 2.0, it's not certain when it will be released.

[bkbirge]

Depends on BTC, if it rallies to $100,000 USD then I have no doubt ETH can reach $5,000 USD at the same time.

may take a few more years to achieve that much just can be said.

Sure, I just don't consider that a problem. Maybe it is a problem for short term traders. But those people generally do very poorly in the long run anyway.