Ethereum (ETH) prediction | June 1

[patz22]

I was surprised the other day when BTC slide from 10k to 9.5k, ETH didn't drop that much and as of this writing, ETH is still in green but of course, BTC is doing the same but it seems like this year, it is ETH's time to shine but let us wait for their development and see if it can make the difference and remain on it's spot.

[WalkerIVIV]

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.

The bitcoin's bullish trend was pushing ethereum to surpace the resistance on $200 and the ethereum 2.0 rumour has been making ethereum has broken the $230 rate,

The correction is a must and we will see another bullish turn again for ethereum.

[pankaj1234]

ETH has been always a great coin in market. It has his own Blockchain. Lots of coin has been made on eth Blockchain and every time the coin is transferred from one wallet to another wallet, some eth go through fees. ETH is always very active coin. After bitcoin eth has good place in market. In this covid 19 situation eth has gained in price and I this this will be a rally for eth hope eth go very higher in upcoming time. It is playing of 246$ soon cross 500$ I am realistic about this momentum.

[FrozenBit]

I was surprised the other day when BTC slide from 10k to 9.5k, ETH didn't drop that much and as of this writing, ETH is still in green but of course, BTC is doing the same but it seems like this year, it is ETH's time to shine but let us wait for their development and see if it can make the difference and remain on it's spot.

There have been so many times Bitcoin collapsed like that, I'm not too surprised. But what surprised me was that ETH was still stable and not falling too much, hoping that by the end of June ETH price could break $ 300.

[Dpat]

The Ethereum price is now in a huge range bounding in between of $150 to approx. $300. And this trend will last for the year and maybe it will continue till the end of COVID-19. This because of the most of the people now doing job from home and some are also lost their job. So, nothing to do. What will they do now, that's why the trading activity is quite improving. Hence do trade and make a more profit repeatedly.

[bluebit25]

The Ethereum price is now in a huge range bounding in between of $150 to approx. $300. And this trend will last for the year and maybe it will continue till the end of COVID-19. This because of the most of the people now doing job from home and some are also lost their job. So, nothing to do. What will they do now, that's why the trading activity is quite improving. Hence do trade and make a more profit repeatedly.

Mate, there are many ways for you to make money on the internet. Cryptocurrency is not the only way they can make money, so your thinking is completely wrong. For me the price of ETH will rise to over $ 300 this year because it follows the growth of bitcoin and bitcoin is moving in a positive trend.

[suryapro]

indeed it is necessary for eth to make new innovations aimed at increasing the prices that exist today. the proof is seen after eth will launch Ethereum (ETH) 2.0 has a very positive impact on the price of ethereum itself at this time

[Pamadar]

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.

So does it mean that we already have that correction this time?dumping for about 5% in price from the highest this year of $252?

anyway i have been watching Ethereum for this whole year and yes there are some points that it can grow more than last year 2019.

indeed it is necessary for eth to make new innovations aimed at increasing the prices that exist today. the proof is seen after eth will launch Ethereum (ETH) 2.0 has a very positive impact on the price of ethereum itself at this time

While so many people now are shouting about this 2.0 version of EThreum why it seems that Dev are not releasing it yet?are this upgrade is true or another promise but wont be happen?

but whatever happens?i will continue holding my ETH and keep the faith about getting Good income this year or the after.

[Pirate46Mx]

The ETH movement is quite good now, our hope is that this is a good step for ETH to pump again like in 2017-2018, and is followed by other altcoin movements.

[Natalim]

Thanks for your analysis, I believe they are preparing for the ETH 2.0 hype and some are buying at least 32 ETH to qualify the staking requirement. If indeed the launch will happen next month, then this month whales will start accumulating ETH to prepare for the hype.I believe it's good for short term investment at the moment, ETH has been stable so far and I'm expecting the price will significantly rise this month.

[bukham88]

ETH price movements began to be seen this month, where there was a significant increase, but we do not yet know how the next price movement will be, because the crypto market is very unstable during the current global COVID-19 pandemic.

[Metall303]

ETH price movements began to be seen this month, where there was a significant increase, but we do not yet know how the next price movement will be, because the crypto market is very unstable during the current global COVID-19 pandemic.

The cryptocurrency market has always been unstable and always will be not stable. it is independent of the coronavirus. ETH is growing now, but this is happening for no reason. the price is changing because bitcoin is doing well now.

[AmoreJaz]

Thanks for your analysis, I believe they are preparing for the ETH 2.0 hype and some are buying at least 32 ETH to qualify the staking requirement. If indeed the launch will happen next month, then this month whales will start accumulating ETH to prepare for the hype.I believe it's good for short term investment at the moment, ETH has been stable so far and I'm expecting the price will significantly rise this month.

i have the gut feeling that eth will rise before or after this eth 2.0. from where it stands right now, we are already in the $240 level so $300 would be an easy target for those who want to invest short-term.
gonna be interesting whats in store for this eth 2.0, hope they will not fail us regarding our expectations.

[lepbagong]

ETH price movements began to be seen this month, where there was a significant increase, but we do not yet know how the next price movement will be, because the crypto market is very unstable during the current global COVID-19 pandemic.

I don't see a huge impact with the covid pandemic 19 on the ethereum movement. even if there might be just a ripple and will recover because the transaction does not affect what is done by the government. ethereum will move up if bitcoin does start to rise significantly. no altcoin at this time can move on its own not because of the impact of bitcoin. ethereum still needs to work hard again to be able to stand alone.

[Flickkk]

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

It might affect ethereum price when Eth 2.0 come.
Because with the hype of people or investors maybe it is not so good to invest today . It might be possible that ethereum will be forgotten in a short period of time.
I'll try to learn about Eth 2.0 now

[Buntond]

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.

holders will certainly continue to increase their investment after hearing that there will be an ethereum 2.0 launch. because this can have an impact on rising ethereum prices, if you have capital it's not too late to add to your ethereum.

[Pamadar]

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.

holders will certainly continue to increase their investment after hearing that there will be an ethereum 2.0 launch. because this can have an impact on rising ethereum prices, if you have capital it's not too late to add to your ethereum.

We have been hearing this ethereum 2.0 for years now yet what happen?when will be the launch?

i don't think we are still interested in this matter,what we are holding now is the Bull run that Bitcoin halving will bring and this is surely near to come.

ETH price movements began to be seen this month, where there was a significant increase, but we do not yet know how the next price movement will be, because the crypto market is very unstable during the current global COVID-19 pandemic.

Ethereum increased 7% recently but still no sign of growth like doubling the value,so maybe we need to wait more before taking our profit in good faith.

[Reatim]

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

While majority of us here now are ethreum supporters i believe that most of us had been holding their ETH for long time now,because of the sudden drop in 2018 there are many of us who just forget first their ethereum in Hold to keep their momentum good since there is nothing we can do from the price fall.

Like me that who kept the Holding until now and accumulating each time that i have a chance at least small amount monthly..

Ethereum 2.0 version is indeed will give us new hope,but at least Dev update us when this will be activated so the waiting will have a chance to grow.

[StephenJH]

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?

You are right about that, l mean there is a huge impact on altcoins by BTC. But that doesn't mean there is not any other factor, which can not affect the price of altcoins absolutely for ETH. Maybe as you said ETH 2.0 can not give a huge pump to ETH price, but in my mind, it will affect so positively to ETH price. BTC is the first reason for the price increases of altcoins, that is right. However, we can not deny other factors.

[CryptoLordguru]

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.

You are right and I do believe Ethereum has more potential but everything depends on the movement of BTC. IF BTC falls to 8k, there will be sudden dump in Eth but if it can maintain steady or upwards level, Eth is sure going to rise respectively.. BTC is the king and its movement is very important in determining the price of Eth.