Ethereum (ETH) prediction | June 1

[hugeblack]

Ethereum started trading at a higher rate of 2.84% during the day (started at $231.55 towards $240) and thus considered one of the winners at the beginning of the month.
The outlook for June appears positive, as there is a lot of news that could push the price up:

 - Ethereum (ETH) 2.0: It is not known at the time of launch of the update which may add a lot to ETH to become a complete and viable system able to bypass the market.
Initial estimates indicate that it is possible to launch during this month or next month, which enhances investor confidence, and hence the possibility of a price increase.

 - second-best cryptocurrency: ETH started 2020 trading at $130 and today prices at $240.
 
 - Binance Inflows: Based on these analyzes, Total ETH inflows into Binance wallets increases, which gives an indication of how the movement of the big players.

Technical Analysis:
above the 61.8% Fib retracement level of the last swing high at $291 to a swing low at $120.
trading above the 50-day SMA and the 100-day SMA
The possibility of more gains is likely, but we may see some corrections in the coming days.

Source: Click here

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[batang_bitcoin]

I also expect a correction is about to be seen for Ethereum. The cycle would always show the opposite after it has shown the increasing trend for the past few days.
Technically, I'm not good in analysis but the logic that we have observed not just for Ethereum but for different cryptocurrencies, that's what it's saying.

[Coin_trader]

Unless ETH v2.0 release then I believe this current price trend will sustain for longer period but based on current situation, ETH is just following bitcoin movement which normal occurrences if we look back on crypto history. Bitcoin is still not breaking the 10k USD wall which might be the game changer so that this slowly bearish trend will end. I believe that ETH might experience a sudden dump too once BTC collapse so it's better to not expect much for the ETH price development.

[Dollar_Hunter]

everyone seems to be waiting for Ethereum 2.0, but if this Hype fails, then all will be disappointed,
it all depends on the price of Bitcoin, if Bitcoin can be stuck at the level of $ 9000, Ethereum might be more than $ 300

[Jating]

Unless ETH v2.0 release then I believe this current price trend will sustain for longer period but based on current situation, ETH is just following bitcoin movement which normal occurrences if we look back on crypto history. Bitcoin is still not breaking the 10k USD wall which might be the game changer so that this slowly bearish trend will end. I believe that ETH might experience a sudden dump too once BTC collapse so it's better to not expect much for the ETH price development.

I saw that it was pumped as high as $242, pumping 10% in a 24 hour span. And I was thinking (or regretting) that I was late could have bought when the price is less than $200.

Regarding ETH 2.0, it is much awaited, it had many delays making investors wary about the future of ETH. It was said that this coming July will be the release. But I'm not sure about it though as there are some miscommunications about the said July date. If then remain on schedule though, this is going to be huge, not just for ETH but perhaps we are going to see altcoin season with ETH leading the way.

[btc_angela]

The July date is not yet final,



https://twitter.com/a4fri/status/1260140593717575681

As per tweet by Afr Schoe, ETH2 Multi-Client Testnets, July schedule is not that sure, so don't get excited that ETH 2.0 will go live next month.

Technical analysis so far looks solid though, "trading above the 50-day SMA and the 100-day SMA" is a good indication that investors are really looking at Ethereum right now because of upgrade. But I would be careful though, we might see some corrections in the next coming days.

[Partisson]

This is a good start for this week for Ethereum in the past week which has shown a significant increase of around 19.2% and hopefully this is just the beginning for the increase in Ethereum after a long time slumped along with other altcoins, and hopefully Ethereum 2.0 will be released soon in the near future.

[kesmex]

it looks like Ethereum 2.0 will experience a delay. If it is true that July is not ready,
Ethereum 2.0 will be released next year, we hope this year hopefully it can be launched.

[Febo]

Ethereum (ETH) prediction | June 1

Satis report from two years ago predicted price of Etehreum at $800 in 2021 and at $700 in 2023. That seems quite realistic to me.


https://research.bloomberg.com/pub/res/d37g1yWebn9LbRbS09rquSuSoDQ

[Kang TB]

Ethereum (ETH) prediction | June 1

Satis report from two years ago predicted price of Etehreum at $800 in 2021 and at $700 in 2023. That seems quite realistic to me.


https://research.bloomberg.com/pub/res/d37g1yWebn9LbRbS09rquSuSoDQ

thats really reasonable prediction for me too,, because crypto market is unstable for now
and maybe this year the maximum price of ethereum will touch between $400 - $500

[Barbut]

Ethereum (ETH) prediction | June 1

Satis report from two years ago predicted price of Etehreum at $800 in 2021 and at $700 in 2023. That seems quite realistic to me.


https://research.bloomberg.com/pub/res/d37g1yWebn9LbRbS09rquSuSoDQ

thats really reasonable prediction for me too,, because crypto market is unstable for now
and maybe this year the maximum price of ethereum will touch between $400 - $500

This is long term prediction and in crypto, it's hard to be accurate in the long term. Ethereum can surprise us all in next few years and go much higher then we expect! For now, long term investing is a good option definitely, but in short term, I read the news that it would be good to short Ethereum now, it will go under $200 in the next week or two. I will not short it, but if price drops I will add more Ethereums!

[chanc3r]

it looks like Ethereum 2.0 will experience a delay. If it is true that July is not ready,
Ethereum 2.0 will be released next year, we hope this year hopefully it can be launched.

I may think if that will come this year but no exact date has been given by vitalik about the ethereum 2.0 update. more players have been sending their ethereum to try to beacon chain too as the validators are increasing a lot.

[GreatArkansas]

You got a good chart there.

But here's mine the breakout on Ethereum at around $220 is one of the most significant move of Ethereum there.
It's strong resistance for me especially way back in 2020.
That's why the next strong resistance here is around $280 which it is nice for those people who were able to enter on the breakout around $220, it's kinda easy profits there!

[Zemomtum]

I am not expecting any big move in the price of ETH unless good news about ETH 2.0 comes in. This has been too long and the community is waiting eagerly. This is what I see that will addup in driving the price

[hadisaw]

i think, for now it's good enough to buy ethereum for assets in the future because ethereum prices are below but to return to 2018 is a dream

[elisabetheva]

I am not expecting any big move in the price of ETH unless good news about ETH 2.0 comes in. This has been too long and the community is waiting eagerly. This is what I see that will addup in driving the price

it could be possible ethereum is waiting for that, but with the increase in bitcoin ethereum will also have an impact to be able to rise and continue to increase. dependence on bitcoin for all altcoins is no exception with ethereum being very large. there will be no movement in the right direction if bitcoin is not heading for improvement. bitcoin after halving will gradually increase, but the increase will take one year if you look at halving the past. and it is believed that there will not be a jump in all altcoins as well as ethereum without bitcoin itself developing.

[layoutph]

If Bitcoin goes bull run ETH will go up too.. Sorry but I dont believe ETH 2.0 could give a huge pump to ETH's price. Only Bitcoin could give a positive price for every altcoin. So better hold Bitcoin. How could Bitcoin go up if you will just trade it to alts?

[whyrqa]

I am very pleased that Ethereum today shows better results even than bitcoin. Over the past week, Ethereum has risen in price by almost 20%, which exceeds the performance of Bitcoin over the same period. In addition, it should be noted that the trading volume of Ethereum, for example, on the stock exchange
Bitfinex, Updated historic highs and reach $ 440 million. Another fact that speaks of good prospects for Ethereum in the near future is that the price of transactions on the Ethereum network has significantly increased. For example, on June 2, at about 7:00 in the morning, when transferring a small amount of Ethereum from one Wallet to another, I paid 50 cents of collection, which is almost 10 times more than a few weeks ago.

[husencoe]

I am not good at analyzing charts, but if seen from its movements, ETH is experiencing significant movements, I hope this is the beginning of the crypto market which will soon rise from the old price which has fallen.

[7788bitcoin]

~
I saw that it was pumped as high as $242, pumping 10% in a 24 hour span. And I was thinking (or regretting) that I was late could have bought when the price is less than $200.

I was not expecting much when it was dumped hard and it went down to below $50 and i thought it would be hard to have a resurrection and the transaction time and charges were not that great either when the entire ETH team were pissing bitcoin about the slow network an year earlier.

Regarding ETH 2.0, it is much awaited, it had many delays making investors wary about the future of ETH. It was said that this coming July will be the release. But I'm not sure about it though as there are some miscommunications about the said July date. If then remain on schedule though, this is going to be huge, not just for ETH but perhaps we are going to see altcoin season with ETH leading the way.

If there is an altcoin season and if ETH is leading the way then i will be really surprised as i still not believe that we will see any breakout rally like saw in the past. The ETH 2.0 release is getting delayed all the time and we are yet to see the exact date when they are rolling that up.