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Author Topic: Ethereum price will now go down again after reaching 3k?  (Read 447 times)
HaekalZ
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May 06, 2021, 02:41:44 AM
 #61

It would be a big mistake to think that once ETH hit $ 3000 then the price would drop dramatically.
as can be seen on the market cap, the price of ETH continues to strengthen and skyrocket every day, even the price of ETH itself has broken through $ 3400 +, it is not impossible that next month ETH can reach $ 4000, I myself bought ETH when it was still at $ 1500 +, which already increased 100% over the time of purchase, hopefully ETH continues to skyrocket and fly to the moon.

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May 06, 2021, 07:36:24 AM
 #62

Never hesitate with the current state of the market because the decline in the price of ethreum and bitcoin was only a moment because the highest achievement this year I think has not materialized, currently the price of ethreum increases by more than 3k and if later renewal occurs then the price of ethreum will be higher, then never hesitate to invest at this time prepare us mentally if you want to get a big profit in ethreum and bitcoin.

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May 06, 2021, 11:38:31 AM
 #63

there's no sign of a crash yet. but we don't know what will happen after this
Ethereum price will remain stable at this moment. Anyone knows that coz ethereum hardfork will bring a very big change to the ethereum in the next months.
This time so many people are still accumulating more and more ethereum. Even rothschild was also buying some ethereum through microstrategy.
I do believe we will not see a bearish sign for ethereum. Ethereum is very strong right now. I can see that based on the chart.

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May 06, 2021, 11:48:05 AM
 #64

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?
I don't think there is a chance this soon for Ethereum dropping price.

Look how strong this dominating the Altcoin market? hitting 17-18% dominance over all altcoins second to bitcoin ? this is the highest this coin reached for lifetime.

Valuing 3,500$ now? damn this is really ridiculous and i did not see this coming , i wish i have bought back when the price fell down to 100$ few years ago.

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May 06, 2021, 01:40:01 PM
 #65

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.
It may crash at any time as per technicals because right now ethereum is trading into overbought zone as per many indicators. This cannot be an end to ethereum but this point may lead to short term correction which may last up to 2 to 3 weeks before we see another round of bullish rally. At the same time, bitcoin may break $60k levels in coming session which may lead bitcoin to have new ATH above $70k levels.

Ethereum price will remain stable at this moment. Anyone knows that coz ethereum hardfork will bring a very big change to the ethereum in the next months.
Usually all kind of forks will lead to crash hence booking profits right now and then waiting for dips to re-enter may help anyone to maximize their holding of ethereum.

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May 06, 2021, 02:52:00 PM
 #66

I think ethereum like bitcoin can break all its records there is no sign of the market going down yet but crypto is not stable and always fluctuates so it is difficult to say exactly whether the price of ethereum will now reach 3 and go down again. Ethereum has surpassed 3k The market is still a bull run everyone is investing ethereum is going to go to a strong level trading charts are giving good signals so traders are investing and holding on however, it is difficult to say how long it will last.
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May 06, 2021, 04:20:32 PM
 #67

What do you expect?
I can see something bullish for ETH. BTC dominance already gone so down that means most of the money from whale is flowing to ETH and then in other alts. So it makes ETH So bullish and looking for to touch the previous ATH in BTC pair.

At this moment I guess atleast ETH will hit 5k before making any medium correction. 5k is really possible and easy for ETH imo.

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May 06, 2021, 04:36:14 PM
 #68

It would be a big mistake to think that once ETH hit $ 3000 then the price would drop dramatically.
as can be seen on the market cap, the price of ETH continues to strengthen and skyrocket every day, even the price of ETH itself has broken through $ 3400 +, it is not impossible that next month ETH can reach $ 4000, I myself bought ETH when it was still at $ 1500 +, which already increased 100% over the time of purchase, hopefully ETH continues to skyrocket and fly to the moon.
Good for you. Ethereum was slow in the past few months but right in the altseasons, it seems that it is closing the gate between itself and bitcoin. With the current speed, it is no doubt that ethereum will hit $4000. Hopefully, we can see ethereum hit $6000 by the end of this bull run

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May 06, 2021, 04:53:13 PM
 #69

I think ethereum like bitcoin can break all its records there is no sign of the market going down yet but crypto is not stable and always fluctuates so it is difficult to say exactly whether the price of ethereum will now reach 3 and go down again. Ethereum has surpassed 3k The market is still a bull run everyone is investing ethereum is going to go to a strong level trading charts are giving good signals so traders are investing and holding on however, it is difficult to say how long it will last.
The chart is forming on ethereum seemingly a very strong bullish wave, it is difficult to consider its fall in the next moment when the whole market appears to be positive, with no signs of consumption or loss of a large amount of capitalization from the market, that proves that investors are firmly holding their assets, especially the top coins, they are putting more hope. Ethereum is probably going to move on, instead of falling, but for the direction of peace, setting a stop loss with positive returns is better

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May 06, 2021, 05:14:14 PM
 #70

Crypto market is very bullish so Ethereum is likely to go over $5K over next one or two months going into the BIP 1559 fork of July 2021 so just hodl.
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May 06, 2021, 05:17:48 PM
 #71

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
Maybe not yet but it will happen because ethereum already reach the highest price for now. Usually, it will happen like that but we do not know for sure and we can only guess. If the price is down and that is a crash, maybe you can start to buy more ethereum and hold it for the next highest price. That is just speculation which we do not know if that will happen or not and meanwhile, we can enjoy this moment and if you already sold your ethereum, you can use that money to buy other coins or just waiting for the next downtrend of ethereum.

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May 07, 2021, 06:01:00 AM
 #72

Crypto market is very bullish so Ethereum is likely to go over $5K over next one or two months going into the BIP 1559 fork of July 2021 so just hodl.
Well, an Ethereum class coin is not a coin that goes up high, and then falls a lot. In fact, until now the ethereum price is in the $ 3.4k range, and I am speculating that the price will continue to go up to $ 4k, especially if the bitcoin price also goes up. it will push ethereum prices higher.

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Kasabus
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May 07, 2021, 06:22:02 AM
 #73

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?
The downtrend will come soon that nobody knows exactly when. It is a wild guess I think and we live such a kind of excitement.

Furthermore, I believe everyone are expecting and might already anticipating that event. It is too long enough for the bullish season that people are also wanting to have its end. However, not all our prayers will coming through. So just for now, I keep myself being prepared for that and take actions cautiously.

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Twinscoin2017
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May 07, 2021, 06:22:18 AM
 #74

Crypto market is very bullish so Ethereum is likely to go over $5K over next one or two months going into the BIP 1559 fork of July 2021 so just hodl.
Well, an Ethereum class coin is not a coin that goes up high, and then falls a lot. In fact, until now the ethereum price is in the $ 3.4k range, and I am speculating that the price will continue to go up to $ 4k, especially if the bitcoin price also goes up. it will push ethereum prices higher.
I strongly agree on that i believe that ethereum will rise in the next few weeks same with bitcoin, ethereum is a useful coin and we are still in a bullrun and alt season is slowly taking place this is now maybe the start of alt season, so ethereum will posibly rise not fall. It will not go down in a quick way. I believe that's there is always dip but I think dip will maybe happen in next few years not this year I think.
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May 07, 2021, 06:48:00 AM
 #75

It would be a big mistake to think that once ETH hit $ 3000 then the price would drop dramatically.
as can be seen on the market cap, the price of ETH continues to strengthen and skyrocket every day, even the price of ETH itself has broken through $ 3400 +, it is not impossible that next month ETH can reach $ 4000, I myself bought ETH when it was still at $ 1500 +, which already increased 100% over the time of purchase, hopefully ETH continues to skyrocket and fly to the moon.

What are your fundamentals for this? I mean,,, I do agree that price should not drop after $3000 but push onwards after a few tests and minor corrections but it can be quite normal for the first test of it to cause an immediate drop from people who have limit orders all triggering on 3000. Momentum is here for sure, but always pullbacks are expected in between.

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May 07, 2021, 06:52:56 AM
 #76

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?
5 days after posting this , Ethereum still holding a 3,400$ price with 24% increase in the last 7 days, meaning staying strong and dominance from altcoins .

with 16.9% total market dominance? this means a Lot to keep the holdings .

For me this will stay in this position for another months and may break another ATH soon.

Crypto market is very bullish so Ethereum is likely to go over $5K over next one or two months going into the BIP 1559 fork of July 2021 so just hodl.
HMMM , there is a incoming Fork ? can you send some details please for us to clarify?









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kidbounty
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May 07, 2021, 07:55:45 AM
 #77

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?

each coin has a different case. So don't confuse Ethereum with Bitcoin. if you look at the current ethereum is very strong and has no possibility of dropping below 3k. I see ethereum will stabilize at 3k price until the next rally.

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May 07, 2021, 04:24:04 PM
 #78

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.
Let's wait until July for the London hard fork. I think the price of ETH will stabilize, it willn't a  fall, the price growth will be gradual and by the end of this year it will not exceed 5 k.
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May 07, 2021, 08:05:41 PM
 #79

Currently the price of eth is around $ 3400 and in my opinion if etherem will not fall below $ 3000 especially when the positive trend is still ongoing, of course this situation will further push ethereum prices higher, in fact I am sure etherem will reach $ 4k in the near future,
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May 08, 2021, 01:14:53 PM
 #80

I think that ETH's downward correction is a normal sign as well as Bitcoin has gone high and corrected. Ethereum is being withdrawn from exchanges more frequently. It's like Bitcoin being pulled out of exchanges. When Ethereum 2.0 launches and applies 100% of the POS mechanism, the scarcity of Ethereum will increase and the value of ETH will also increase.
We are witnessing a super spin with ETH. Traders have predicted the attainable value of ETH to be $ 10k.

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