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Author Topic: Ethereum price will now go down again after reaching 3k?  (Read 447 times)
Billo_ (OP)
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May 03, 2021, 01:16:39 AM
 #1

After reaching 3k now, it looks possible for ETH to go down again.
Like Bitcoin right now, BTC is really undecided where to go next and price has declined from 65k to 57k.
Maybe we see a similar drop for Ethereum now after reaching 3k to drop back to 2.5k.

What do you expect?
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May 03, 2021, 02:28:56 AM
 #2

What do you expect?

It will be increasing even more than 3k. I didn't expect the price will be going down again and you must see the fundamental of ethereum. There will be another big update come very soon. people will be betting all of their money into the ethereum. This time ethereum already surpassed 3k and it's still steadily increasing again.
I think that your prediction will not become the true story. Crypto is so crazy these days. I do believe bitcoin will touch another ath again very soon.

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May 03, 2021, 02:56:48 AM
 #3

Most of the altcoins right now are declining together with bitcoin but ethereum keeps on pushing up. Stronger than other altcoins, even the trading volume stands out compare with the other altcoins.

And for the first time ever, today hit  at $3k. It is hard to pull it back now that eth is really showing massive progress and up 300% this year. The demand of eth still showed another one today and uproar again.
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May 03, 2021, 03:05:44 AM
 #4

That is the inevitable rule, I also feel happy when it adjusts. If you are a follower of this market for many years, problems like this only affect the mentality of new entrants. Nothing in any market will go up without falling.

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May 03, 2021, 04:02:15 AM
 #5

After reaching 3k now, it looks possible for ETH to go down again.
Like Bitcoin right now, BTC is really undecided where to go next and price has declined from 65k to 57k.
Maybe we see a similar drop for Ethereum now after reaching 3k to drop back to 2.5k.

What do you expect?
it depends on the bitcoin price also ethereum has gone a lot higher $ 3k a reasonable price for ethereum at this time because the market is too bullish making ethereum fly much higher it could be ethereum in the near future will go to $ 4k it could even be much more expensive Most surprising of all, ethereum's gas fee prices have fallen so current costs are cheaper and make transactions faster if ethereum drops below $ 2k I will buy and hold for the highest price.
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May 03, 2021, 04:17:20 AM
 #6

After reaching 3k now, it looks possible for ETH to go down again.
Like Bitcoin right now, BTC is really undecided where to go next and price has declined from 65k to 57k.
Maybe we see a similar drop for Ethereum now after reaching 3k to drop back to 2.5k.

What do you expect?
Obviously Ethereum had already Made another ATH today and seems like even if those are so many attack against ETH because of the unpredictable and Huge fee yet the price still increase.



The point telling us How Huge ETH climbed this Year and the highest since the creation of this currency.



Asking about the dropping? Correction is normal , it happens everytime when the price climbs high but if you mean dumping again for long? i think it will maintain the 2,000$value.

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May 03, 2021, 04:44:48 AM
 #7

There will be a short correction for ETH this week, but in my opinion, i think ETH won't go down drastically even after ETH already hit $3k.
even my prediction, ETH can reach $3300+ next month. Believe it or not, it will happen soon.
ETH is really doing great these days, there's nothing can stop ETH these days.
Let's wait until ETH reach $3300 !

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May 03, 2021, 05:12:06 AM
 #8

I would of agreed with you however what is strange is that this rally is being led by the spot markets and not derivatives like in the past. Means that more people are buying ETH on spot instead of on high leverage, and hence it means that the chances of a huge rug pull are smaller and longs seem safer.

In the past when BTC would break new ATHs the funding was very high and usually shortly after we got a nasty rug-pull and we moved back 15% in a matter of hours. Usually a cascading of long liquidations however now that doesn't seem to be the case. The funding is flat.

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May 03, 2021, 05:29:58 AM
 #9

After reaching 3k now, it looks possible for ETH to go down again.
Like Bitcoin right now, BTC is really undecided where to go next and price has declined from 65k to 57k.
Maybe we see a similar drop for Ethereum now after reaching 3k to drop back to 2.5k.

What do you expect?
Bitcoin never reach $65k, it was only $64k back then. And bitcoin was down to 47k as lowest price.

 Why you can said it similar? Drop from $3000 to $2500 isn't similar with bitcoin. I would suggest anyone to cash out some of their ETH on $3000, as this hype might be end and then price will be drop again as people will dump it now.
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May 03, 2021, 05:51:58 AM
 #10



Winklevoss says something else about ETH.

Winklevoss Ethereum Price Prediction Tyler Winklevoss on Why ETH Will Hit $100,000 GUARANTEED!
https://www.youtube.com/watch?v=Q8AXY1oK2GU

it's not really that believable but these guys are really trying to help the cryptocurrency to be known to regular people. Raoul Pal also has his eyes on ETH that will probably exceed BTC. now he is sayings it's better than BTC because it's a lot more executable and programmable money.









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May 03, 2021, 06:32:40 AM
 #11

I think Ethereum prices will continue to grow for now. as long as the price of bitcoin does not fall, the development of ethereum prices will continue to rise slowly by slowly. Although the price is still likely to go down, it looks like it looks promising for now to reach the $ 3100 range. however, my expectations ethereum price continue to rise for now.

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May 03, 2021, 07:51:37 AM
 #12

Bruh, even the london hardfork hasn't come yet and you're already talking as if after eth reaches 3k it's gonna go down which hopefully not gonna be the case, even at the time i'm writing this it's already making its way to 3,2K and once the london hard fork takes effect 4k just seems like a normal price for eth considering the influx of capital from BSC which if i'm being frank, filled with bunch of garbage coins and rug pulls people eventually gonna get tired and coming back to ETH and there's many projects as well that try to bridge their dapps to ETH making this coin even more prospective.
If any, it's definitely gonna go all the way up scoring new ATH.

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May 03, 2021, 08:03:58 AM
 #13

After reaching 3k now, it looks possible for ETH to go down again.
Like Bitcoin right now, BTC is really undecided where to go next and price has declined from 65k to 57k.
Maybe we see a similar drop for Ethereum now after reaching 3k to drop back to 2.5k.

What do you expect?

We must admit that correction always follow so i believe that if there is some drop that might happen then this is only for correction of the price and someone's taking profit from their long term holding.
so Yeah never Get bothered when there comes a fall because for sure that Ethereum will make more than this , as the second phase of Ethereum 2.0 is near coming and we can expect more from that.

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May 03, 2021, 08:19:37 AM
 #14

Yes its possible but if that happens it's going to be another dip or correction and that my friend is just another opportunity to buy more, BTC is over 50k and ETH still slugging around 2-3k? That's injustice lol, so undervalued if you ask me, ETH should be worth 5000$

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May 03, 2021, 09:12:40 AM
 #15

Well, it did great leap in such short time comparing to Bitcoin and many other altcoins. Although Ethereum isn't one simple altcoin, its the most important altcoin so price is justified. In summary, I expect Ethereum to have some sort of correction like going down a bit, not more than %5 at max. Since bull run continues.
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May 03, 2021, 09:26:25 AM
 #16

I don't think that Now Ethereum will come back to 2.5k. It can come to 2.7-2.8 but not 2.5K. Did you think that Ethereum can reach 3K. I am sure you haven't thought that so now ethereum can go to 4k-5k.
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May 03, 2021, 09:32:29 AM
 #17

I believe that the climb is targeting 5k usd for Ethereum , if there will be some changes then that is design only for correcting the price and not a total dump.
I don't think that Now Ethereum will come back to 2.5k. It can come to 2.7-2.8 but not 2.5K. Did you think that Ethereum can reach 3K. I am sure you haven't thought that so now ethereum can go to 4k-5k.
because Bitcoin is continue holding the top , then Ethereum will continue to grow that high following Bitcoin.









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happen or be a part of it"

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May 03, 2021, 09:47:55 AM
 #18

I also don't care if it corrects or giarnm down at the present as my goal with ETH is a long way ahead, I bought it from $200 and has remained the same for now Smiley
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May 03, 2021, 10:43:15 AM
 #19

It has always looked possible to go in both directions,,, and in fact I was waiting for the correction to go below 2k because since breaking that border ETH has actually never gone down even once below 2k. Pretty interesting to see while upgrades and cheaper gas fees have been coming, the demand is still rising for it.

Loads more months to see where ETH 2.0 will take us of course.

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May 03, 2021, 11:29:19 AM
 #20



We will be facing the peak of second waves and i think there will be a small correction for ethereum and then the last wave will be coming soon. I think that there will be no correction in this period and why?

Eu bank is interesting in ethereum and that was boosing the price of ethereum as well.  In another way, more and more major players seen ethereum as an opportunity.

2.5k looks possible to be achieved again by ether when the bearish will be coming soon but no ETA for that.

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