Ethereum price will now go down again after reaching 3k?

[Amejoaquim]

It's been 10 days in a row that eth prices continue to rise.

With the current situation I think eth prices will continue to rise because there are lots of good rumors related to ethereum.

I think there will be a slight correction during the US tax day, which is in the end of this month.

[WalkerIVIV]

The opposite thing was happening and it seems like that your prediction won't become reality. Ethereum is almost touching 3500 and it's still growing again right now even there was a small dip but it goes to the moon.
I do believe we will see ethereum to go to the 4k rate and the correction will not come until ethereum will be reaching its peak price.
Ethereum is very bullish at this moment and it doesn't make sense to expect the correction will come soon. We will see another big update to be implemented for sure.
4k will be real.

[hdlopesrocha]

I would look more to ETH/BTC, ATH was 0.12 and we are still in the 0.06 level (2x ahead?).

I would expect a reversal or a great resistance around 0.10 or 0.12. If BTC keeps stable, I would say $6k is a good target but I'm no financial advisor.

[lxiaoh]

Sorry dude, your prediction is wrong, ETH is $3,297.13 now, believe me, i dont believe it either if i have not seen it myself.
Haha, maybe we cant see the price of ETH below $3k  in the coming months.

[iram3130]

I would look more to ETH/BTC, ATH was 0.12 and we are still in the 0.06 level (2x ahead?).

I would expect a reversal or a great resistance around 0.10 or 0.12. If BTC keeps stable, I would say $6k is a good target but I'm no financial advisor.

I would say a pretty good number 1 post for any member. ETH might drop once it hits 0.1 BTC price or 0.12 BTC price value, until then it is definitely undervalued. I wouldn't care much about its $$ value. ETH still has lots of potential and many good projects are already working on the ETH platform, when some of them get more investment and value, ETH will automatically get more valued.

Also, check the ETH dominance in the coinmarketcap charts, it's increasing every day and we are seeing a good uptrend daily.

[accounting 181293]

It could be not only a goal of $ 3k but much more there, some think that it can exceed $ 3.5k, it is not unreasonable, it has its good bullish option in the market, what is helping the price is that while bitcoin went down due to the correction, both ETH and many altcoins went up in price. It is presumed that there can be a much better and favorable move to the bulls.

Ether had been trading inside an ascending channel for the past few days. The bulls pushed the price above the resistance line of the channel on May 1, resulting in a pick-up in momentum. Ether could now rally to $3,513.

Source:https://cointelegraph.com/news/price-analysis-5-3-btc-eth-bnb-xrp-doge-ada-dot-uni-ltc-bch

I thought so too. I saw that ethereum was able to reach 3500 $, the uptrend was very strong for ethereum and this rally just started again after being sideways for a few days. and currently the ethereum price is at 3200, I believe the prediction will be reached.

[leea-1334]

There is always possibilites. Even when ETH was reached $1200 it was down to $88 in 2018, how could it can't down again to $2500?it also could rise to $5000, or even $10,000. There is no one can say it will not be.

Admit it, you didn't bought ETH yet and waiting for cheap price to buy ETH, correct?

Exactly correct. ETH was flying so high at 1400 and went down to almost 5% of the old ATH so now even when it looks like it will keep on growing,,, there is nothing to say that it will not again drop down at any level or time. Remember that even if ATH for this rally is 10000 5% of that is only $500 which is even less than where BNB is now;)

[Roidz]

a few days after the last Ethereum price correction occurred, ethereum again shows evidence as the crypto that heals the fastest every time there is a price decline, now the ethereum price continues to surge to above $ 3000 and has hit record highs several times just in 2021, just in this. In the past few months, ethereum has increased by around 325% and it looks like this will continue until the end of 2021 as the level of trust between the public and traditional money institutions in Ethereum is now starting to increase and one of them is the European investment bank which last week issued a digital-based bond on the ethereum platform last week.

[ice098]

The opposite thing was happening and it seems like that your prediction won't become reality. Ethereum is almost touching 3500 and it's still growing again right now even there was a small dip but it goes to the moon.
I do believe we will see ethereum to go to the 4k rate and the correction will not come until ethereum will be reaching its peak price.
Ethereum is very bullish at this moment and it doesn't make sense to expect the correction will come soon. We will see another big update to be implemented for sure.
4k will be real.

Well OP are also asking does this Ethereum pump will going to have a price correction after attaining a $3k exchange rate. But, Oh oh, currently ethereum exchange market are keep on pumping and yeah opposite thing are happening to Ethereum. And I guess we will still witnessing the Ethereum sky rocketing getting into a $4,000.
This is a pretty good time of ethereum to remind that ETH are still the kind of altcoins and what are the good thing about was other altcoins too are getting into good price too.

[Blitzboy]

I do not think so. Bitcoin is in a sideway zone which mean the flow of money has been located to ethereum and altcoins. Thus, a small pullback may happen when ethereum surpasses $3k but in the end, the momentum will force the price to break the resistance and create a new ATH.

Ethereum does have a great movement lately. $4k is possible

[mamahdedeh]

I do not think so. Bitcoin is in a sideway zone which mean the flow of money has been located to ethereum and altcoins. Thus, a small pullback may happen when ethereum surpasses $3k but in the end, the momentum will force the price to break the resistance and create a new ATH.

Ethereum does have a great movement lately. $4k is possible

If in my opinion, after the side ways like today, there will be a big movement, which we don't know whether to continue the trend or go against the trend, which means a correction occurs. For that we have to be careful with this sideways movement, for the price maybe I don't dare to interpret it because if a new ATH is formed it means that the left side of the market has no support and may bubble at any time.

[VanDeinsberg12]

Sorry dude, your prediction is wrong, ETH is $3,297.13 now, believe me, i dont believe it either if i have not seen it myself.
Haha, maybe we cant see the price of ETH below $3k  in the coming months.

Just wait next hardfork its gonna be phenomenal that the attention of crypto users around the world gonna be focused on it due to resolving major problem solution, forget doge and other shitcoins ethereum is already predicted to be the future of altcoin leader, i mean it already is but many people doubting it because the existence of BSC however BSC gonna be crushed in no time when hardfork in july happens not to mention many people already complaining about fee increase in BSC anyway and im pretty sure the price could go beyond $4K it's just matter of time until all the capital scattered around other insignificant alts coming back to ETH and the current price pump will have a little correction but that's a mere scratch to the market.

[Farma]

I do not think so. Bitcoin is in a sideway zone which mean the flow of money has been located to ethereum and altcoins. Thus, a small pullback may happen when ethereum surpasses $3k but in the end, the momentum will force the price to break the resistance and create a new ATH.

Ethereum does have a great movement lately. $4k is possible

yes, I thought the same thing. I think that the price of Ethereum may go up to the price of $ 4k when the price of bitcoin goes up and the price of Bitcoin from Ethereum goes up. When the fees are not that high, Ethereum's price does go up very high, even when the price of bitcoin is stable, or not expanding. I am not sure ethereum price will decline any time soon.

[rincoeng1986]

I do not think so. Bitcoin is in a sideway zone which mean the flow of money has been located to ethereum and altcoins. Thus, a small pullback may happen when ethereum surpasses $3k but in the end, the momentum will force the price to break the resistance and create a new ATH.

Ethereum does have a great movement lately. $4k is possible

yes, I thought the same thing. I think that the price of Ethereum may go up to the price of $ 4k when the price of bitcoin goes up and the price of Bitcoin from Ethereum goes up. When the fees are not that high, Ethereum's price does go up very high, even when the price of bitcoin is stable, or not expanding. I am not sure ethereum price will decline any time soon.

in this week ethereum has moved quite rapidly and was able to reach their new ATH prices and along with the increase in ethereum 2.0 it is certainly possible that eth prices will continue to surprise, if the increase in ethereum 2.0 is successful, of course this will greatly push eth prices up to the level higher and I am very confident that in the near future Eth will reach the price level of $ 6000.

[MrcMrc]

Ethereum price can go whichever ways it’s unpredictable, there is a correction of price after every all-time high and one should expect the ethereum price to drop before clicking on to the next price. Bitcoin has become more stable lately, and that shows the signal of the next price upwards movement.

[Papsie]

The price of Ethereum will not down below 3k for sure as a lot of people getting interested investing on ETH look at the market it is still pumping unlike Bitcoin and other altcoins are stable.
It could be reach another new record soon if this price keeps going up continuesly so try to get many ETH as can as possible.

I am afraid that if bitcoin will break $60k market price again (which is possible to happen), many high-end investors will move to bitcoin and the market of  eth as well as alt coins will decrease because of it.

[Danslip]

The price of Ethereum will not down below 3k for sure as a lot of people getting interested investing on ETH look at the market it is still pumping unlike Bitcoin and other altcoins are stable.
It could be reach another new record soon if this price keeps going up continuesly so try to get many ETH as can as possible.

I am afraid that if bitcoin will break $60k market price again (which is possible to happen), many high-end investors will move to bitcoin and the market of  eth as well as alt coins will decrease because of it.

That is right BTC affects on the price of other cryptocurrencies and if this dumping will not stop in the near future, no doubt most cryptocurrencies will start growing up. ETH is getting up day by day and reached its own ATH. For that people are more interested to invest in top altcoins like ETH, BNB. Both of them have great potential for the future.

[Distinctin]

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?

Until forever we will say that everything is unpredictable and possible. If that so happens that ETH will have the crash, I presume that will be the end of the altseason. But I wasn't expecting a big crash this time until Bitcoin still on the rally.
Well, I'm not sure if we are going to be happy but as I know many were asking to have that. Many were waiting for the market crash as that will be the opportunity for them to start investing.

[AmoreJaz]

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?

Until forever we will say that everything is unpredictable and possible. If that so happens that ETH will have the crash, I presume that will be the end of the altseason. But I wasn't expecting a big crash this time until Bitcoin still on the rally.
Well, I'm not sure if we are going to be happy but as I know many were asking to have that. Many were waiting for the market crash as that will be the opportunity for them to start investing.

but if we are talking about eth here in particular. i dont think they will go down after reaching this 3k mark. now that july is fast approaching, where new things are about to happen with eth, i do believe that they are still heading to the positive direction.
remember, even when eth has major gas efficiency prob, they managed to reached the 2k level, what more when their EIP 1559 will finally be unveiled? am guessing, they can even reach 5k on this matter.

[andriarto]

everyone can predict, and there is nothing wrong before it happens, because no one knows where the market will move. Like ethereum today, it's not just hitting $ 3k, it's currently $ 3400 and there's no sign of a crash yet. but we don't know what will happen after this