Can ETH reach $5k in this up cycle ?

[novaprime]

Looking for the current price of ethereum as of today, it  seems impossible. I am actually a fan of ehereum but I am just stating the truth about its current situation. $5k is far from reality, maybe it might range from $1k - $2k, after that, it will dump again.

Ethereum is having difficulties increasing its price, We don't know when it will increase again and if ever that it will increase, there is no guarantee that it will reach $5k.

In fact, there is not much hope when you choose to invest in this coin because the coin has continued its downtrend in the past 2 days and is highly dependent on the value of Bitcoin. In addition, for this coin to reach $1,000, it will certainly need a lot of pumps and there must be a lot of big news to make investment demand increase.

In the meantime, think very carefully because this investment can make you spend a lot of time waiting.

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[neokripto]

In the short term, I believe it is impossible to achieve such a high level; as has been said at such prices for 1 ETH, such a massive investment of capital is necessary that even large banking capitalists cannot afford it.

[Questat]

In the short term, I believe it is impossible to achieve such a high level; as has been said at such prices for 1 ETH, such a massive investment of capital is necessary that even large banking capitalists cannot afford it.

We don't have to rely on ETH alone, what if one day bitcoin will reach an ATH and there's another FOMO incoming?

The last time ETH rise was $1400 or close to $1500, so what if bitcoin will pump to $100, 000? I think $5000 per 1 eth is possible, but its gonna be achieve for a longer period, that's for sure.

[DonFacundo]

I guess it will take long to achieve that highest price if the ethereum relies on the project but if the bullish market will happen this year then there is possibility that ethereum reach $5k.

[killerfrost]

Looking for the current price of ethereum as of today, it  seems impossible. I am actually a fan of ehereum but I am just stating the truth about its current situation. $5k is far from reality, maybe it might range from $1k - $2k, after that, it will dump again.

Ethereum is having difficulties increasing its price, We don't know when it will increase again and if ever that it will increase, there is no guarantee that it will reach $5k.

I don't even see any chances for ETH so it can go up to $ 1000. That's a price too high compared to the current situation, ETH will only be able to go up to $ 400 and it will continue to be dumped. I am also an ETH lover but honestly it will never return to ATH

[Wayan_Pedjeng]

The spike in ETH prices during 2017 was caused solely due to the Initial Coin Offering (ICO) market. But ICO is dead and dusted now and that is one of the reasons why ETH is unable to go up. Unless ETH can find a suitable replacement for the ICOs, I don't think that Ethereum will be able to make much of a progress in the cryptocurrency market. 

[cytpoway121]

I do not think the bull run works like that.
BTC has to experience the biggest bull run first and maintain it for a while before etherum can attempt to soar also high.

In the short or long run, always dyor

[casperBGD]

The spike in ETH prices during 2017 was caused solely due to the Initial Coin Offering (ICO) market. But ICO is dead and dusted now and that is one of the reasons why ETH is unable to go up. Unless ETH can find a suitable replacement for the ICOs, I don't think that Ethereum will be able to make much of a progress in the cryptocurrency market. 

if you think that ICO is sole reason for the price spike in 2017, which is certainly the main reason, now you have several reasons that could influence same price spike - DeFi with locked ETH, ETH2.0 in plan, with possibility to have reward on staked ETH and hedge funds that are entering ETHER index on higher price than the ETH is right now

[TWW]

I do not think the bull run works like that.
BTC has to experience the biggest bull run first and maintain it for a while before etherum can attempt to soar also high.

In the short or long run, always dyor

we don't know when the bull will come. but when the predictions made were highly irrelevant to the current state of the ethereum market I guess that made no sense. indeed nothing is impossible, but $ 5k I think is too high for ethereum. there will be an imbalance in the crypto market.

[zulfi125]

ETH can reach more than $5k if BTC price reaches $50k, then this can be possible; otherwise, I don't think ETH can reach more than $1k, but everything is possible in the crypto world.

[tbterryboy]

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

I just don’t understand why some of you are fond of expecting too much from these assets.
Seriously, how do you even come up with the idea that the price of Ethereum is going to reach $5000 soon?

Even after the halving I am not even expecting it to reach that high. As for whether it is going to increase in price, I know that’s going to happen for sure, the price of Ethereum will go up because it’s among the cryptocurrencies that moves tightly together with bitcoin and when bitcoin starts go up after the halving, Ethereum will go with it, but your prediction of $5000  is too much.

[OrangeII]

I guess it will take long to achieve that highest price if the ethereum relies on the project but if the bullish market will happen this year then there is possibility that ethereum reach $5k.

imagine the price of ethereum reaching $ 5k is truly extraordinary. but right now I don't even think about price increases, but I imagine further price reductions. however, the current $ 5k target is too high, I am even very happy when I see ethereum prices reaching $ 700 this year.

[Destroyeroff98]

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

If we analyze the dynamics of the course for today, then we can build models. The forecast for the most accurate models shows that Ethereum will not cost 5 thousand dollars.
Even intuitively, this little hard to believe.

[omotolani466]

For me, I don't really think etherum can reach 5000$ just yet.

Even in the previous bull run hitherto it didn't go closer to 3,000$.

[salty]

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.

I do not think that in Your place it is necessary to predict the price.There are many different reasons that can both negatively and positively affect the cryptocurrency as a whole.Who would have thought that the coronavirus and the sharp decline in oil prices would occur in such a short time?I don't know what else will happen by may.So I personally haven't decided how to behave at the moment.Naturally, everyone wants the price to grow.

[thisnewcoin]

I didn't accept Ethereum $5k because this time crypto currency evil times in this year.I think This curancy height 1000$ possible in this year.Grow bitcoin than grow Ethereum 1000$.

Yes, this year we started good but day by day it's becoming worse because of the coronavirus! However, if crypto bull run comes again, then I think Ethereum won't hit 5K USD, it's not that simple, Ethereum at 5K$ means Bitcoin at 50-60K USD, which is not possible this year or even in 2021! So, expecting that high will be a bad idea, rather invest and do short trade.

[KTChampions]

For me, I don't really think etherum can reach 5000$ just yet.

Even in the previous bull run hitherto it didn't go closer to 3,000$.

At the moment, these levels are absolutely fantastic. To understand this, you just need to calculate the capitalization of ETH at such prices. Perhaps when ETH makes the transition to ETH2 and will allow millions of transactions, the situation will change, but not now.

[shinratensei_]

I didn't accept Ethereum $5k because this time crypto currency evil times in this year.I think This curancy height 1000$ possible in this year.Grow bitcoin than grow Ethereum 1000$.

it can't even touch $500 in the last pump and that's an impossible thing to happen. You are also joking about that with your prediction at least i respect if you have already created your own prediction but it will also impossible to happen. Just expect ethereum to break more and more resistance in the various level to make it possible to touch a high rate again.
We will see that in the future and the time will tell us.

[Dr.Osh]

I didn't accept Ethereum $5k because this time crypto currency evil times in this year.I think This curancy height 1000$ possible in this year.Grow bitcoin than grow Ethereum 1000$.

it can't even touch $500 in the last pump and that's an impossible thing to happen. You are also joking about that with your prediction at least i respect if you have already created your own prediction but it will also impossible to happen. Just expect ethereum to break more and more resistance in the various level to make it possible to touch a high rate again.
We will see that in the future and the time will tell us.

to reach the price of just $ 1000 now is very difficult. Well, only time can answer this, because we also don't know the extent to which ethereum prices will develop. I also believe that at this time the price of ethereum will not reach the price of thousands of dollars, moreover, there is still a plague to worry about. I might feel that the highest price that ethereum can reach this year is $ 500, but if the virus problem is resolved, it might be even higher.

[Shadowkipper]

In general, in the future, I think ETH will be able to reach $5000, but in this and in the coming years clearly ETH is not able to grow so much in price.