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Author Topic: next target of ethereum  (Read 335 times)
coinswebid (OP)
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July 26, 2020, 10:06:37 PM
 #1

Technicals aside, Ether’s rapid ascent to $309 could also be receiving a sentiment boost from the news that the total value of funds locked into decentralized finance platforms (DeFi) reached $4 billion today.
After a nearly 30% rally this week, a period of consolidation is to be expected but if bulls find renewed or Bitcoin rallies into the weekly close, there is a possibility that the price could clear $317 and the absence of overhead resistance could see bulls target the 2019 high at $367.

https://cointelegraph.com/news/ethereum-price-rally-to-370-depends-on-bitcoins-upcoming-weekly-close

hope this is the beginning from the bull market

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July 26, 2020, 10:12:03 PM
 #2

And with the fast approaching Eth 2.0, I believe we will see the $400 level soon. And if bitcoin continues its increasing pace, it will help further in boosting the eth's price. So brace yourselves for the good times in crypto market. Prepare your investments as this will be a good opportunity to earn profit in the next coming weeks.
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July 26, 2020, 10:31:42 PM
 #3

And with the fast approaching Eth 2.0, I believe we will see the $400 level soon. And if bitcoin continues its increasing pace, it will help further in boosting the eth's price. So brace yourselves for the good times in crypto market. Prepare your investments as this will be a good opportunity to earn profit in the next coming weeks.

$400 is not that far so I believed as well that it can be hit if Eth 2.0 will be released in the last quarter of the year. And this could be the catalyst for an altcoin bull run. I stress altcoin bull run because bitcoin has making its short run after the pandemic scare.

But the altcoin has been bearish for many years now. And we all have been asking ourselves when are we going to see altcoin climbing again. So let's see, it looks like ETH is consolidating, but I have no doubt that it will make another push around $320-$350.

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July 26, 2020, 10:52:26 PM
 #4

Currently settled to $310 today, not that bad. We also have to look at how much Eth is being locked in Defi, its been hitting around $4-$5 billion, give and take and it seems Eth is following that growth as well. I like the analysis, $317 should be next target, forgot about $400 for now. There are going to be a lot of resistance moving forward for Eth, but $317-$360 will be a great achievement if the price will go and hover around that levels.

R


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July 26, 2020, 11:04:46 PM
 #5

I hope it will also...
But can't deny what is the market sentiment by now. The resistance level is still at low, the current pumps look so great but it is all just a normal market scenario, and never see a huge flip to see the price will move high or leading into bullish altcoins.

But anyway, I was not closing for a chance to see this. Ethereum deserves to have that surge and even though we can't be of that rallying sentiment, I'll keep ETH in my portfolio. And for now, I'm looking forward to seeing a huge improvement to its resistance level and the support from investors to keep this momentum and have a breakthrough for $350.
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July 26, 2020, 11:12:59 PM
 #6

Without any update last year, the top of Ethereum was 367 USD, we can expect more than last year. After a huge long time, this could be a big announcement from the second top coin. From the top, last year Binance, then Litecoin, then Bitcoin, then Vechain now is the time for Ethereum. I think altcoins season will start next year or last quarter this year.

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July 26, 2020, 11:20:29 PM
 #7

And with the fast approaching Eth 2.0, I believe we will see the $400 level soon. And if bitcoin continues its increasing pace, it will help further in boosting the eth's price. So brace yourselves for the good times in crypto market. Prepare your investments as this will be a good opportunity to earn profit in the next coming weeks.
As long as there will be no delay for the launch of the testnet and ethereum will break another record again. This time it is growing very fast and $400 will be achieved as soon as possible. We know that the developers of ethereum didn't yet publish any news about how much annual yield for ethereum. that will be another big news for sure.

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July 26, 2020, 11:44:58 PM
 #8

I think this is a great news for the altcoin There is a possibility of hitting 400 but lets hope BTC keep up to hitting pass 10k and surely we will see a huge growth from ETH For me i think i will be watching the market

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July 26, 2020, 11:49:22 PM
 #9

The next target for ETH will be $36 region where there seems to be a lot of resistance. This year looks great for traders of cryptocurrencies and will put an end to almost 3 years of bear momentum.

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July 27, 2020, 02:34:24 AM
 #10

We are currently at $320 price range and it is still going up. This might be the the even that we've been all waiting for. Though this might be a risky situation as the market rose too fast. We might see some correction soon and rise again if this hype along with the defi hype last long enough.
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July 27, 2020, 02:39:27 AM
 #11

ETH has been strongly growing up for a week. $400 is the next target for ETH. Before that i think it will have a correction which last some days before it continues going up.

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July 27, 2020, 02:48:03 AM
 #12

And with the fast approaching Eth 2.0, I believe we will see the $400 level soon. And if bitcoin continues its increasing pace, it will help further in boosting the eth's price. So brace yourselves for the good times in crypto market. Prepare your investments as this will be a good opportunity to earn profit in the next coming weeks.

Of all the coins listed in the market Ethereum seems to be getting the big upper hand it is the biggest gainer this week, this will shut out all those who claim that Ethereum is going down and there are new platforms that are going to be the next Ethereum killer like Tron, Cardano and the likes, the era of Ethereum is not yet ending.

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July 27, 2020, 03:00:18 AM
 #13

And with the fast approaching Eth 2.0, I believe we will see the $400 level soon. And if bitcoin continues its increasing pace, it will help further in boosting the eth's price. So brace yourselves for the good times in crypto market. Prepare your investments as this will be a good opportunity to earn profit in the next coming weeks.

the application of Eth 2.0 is eagerly awaited by many people, because Eth's transaction costs are currently very expensive so that it can make interest in Eth will be reduced which automatically can reduce the rate of price increase. If the cost of Eth gas continues to be as expensive as now, maybe slowly its popularity will decline and the price will automatically be suppressed
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July 27, 2020, 03:31:53 AM
Last edit: July 27, 2020, 04:15:49 AM by nomenclatur
 #14

yeah, project Defi make ethereum continue to rise until the current price of eth reach $ 327 possibilities eth will rise to $ 400- $ 500 project Defi continue to emerge and now make eth increasingly jumped dramatically I think if this continues to happen ethereum can climb back up to $ 1000 in years 2021 I very trust if ethereum could again become coin that can provide high profits and become coin top 2 coinmarketcap promising for long-term investment.


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Strongkored
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July 27, 2020, 03:45:45 AM
 #15

yes, project DeFi make ethereum continue to rise until the current price of eth reach $327 possibilities eth will rise to $400-$500 project DeFi continue to emerge and now make eth increasingly jumped dramatically I think if this continues to happen ethereum can climb back up to $ 1000 in 2021.
will happen if eth 2.0 is done well, it is not even impossible to reach new ATH, but now $350 is the closest target that can be achieved for ETH and also will affect the price token on ETH chains.

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July 27, 2020, 03:49:14 AM
 #16

I think ethereum is the only one altcoin allow with bitcoin situation, where bitcoin reach to higher price ethereum could stable going on to higher price, will be last year moment when bitcoin reach to higher price above $500 happen again, maybe if bitcoin keep continue to going up I sure ethereum will back good moment to higher price too.

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July 27, 2020, 03:52:24 AM
 #17

will happen if eth 2.0 is done well, it is not even impossible to reach new ATH, but now $350 is the closest target that can be achieved for ETH and also will affect the price token on ETH chains.
Right, I'm sure ETH can reach their new ATH if the Ethereum 2.0 platform runs well, ETH price increases above $ 300 are proof that the Defi project could have a positive effect on Ethereum network. Don't waste this opportunity to buy more ETH as your long-term investment.
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July 27, 2020, 04:12:42 AM
 #18

$400 will be the next price of ethereum, but I think that ethereum will adjust the price again before the price can increase higher. Or the next scenario will be ethereum will still increase without stop and reach that high price. As the bitcoin price now is still growing, ethereum follows behind bitcoin, and the price is still trying to break the high price. We hope that this week can bring a good sign for ethereum to have a bullish trend again.

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July 27, 2020, 06:06:36 AM
 #19

Most crypto enthusiasts are very optimistic about the future of Ethereum, which is cool. But the issue with most investors is that they only pick interest to buy a coin only when it starts making massive uptrend, this is wrong. On Twitter yesterday I started seeing price predictions of ETH on my page like "ETH will hit 10k$" and so on. Let's understand crypto is highly volatile and next hour, the market might change direction. OP made mention of DEFI contributing to ETH recent uptrend, which is true. ETH 2.0 plus DEFI booming are two major FA behind Ethereum.

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July 27, 2020, 06:26:47 AM
 #20

Bitcoin and Ethereum both are now in trending and if Bitcoin remained in trending for next few days I am sure Ethereum will also cross $400. This is a very good sign for the crypto market that the king of altcoins are now in very good position and in up trending.

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