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

[ecnalubma]

I’m very positive that Ethereum will have a good momentum this year, it could go down to $3k but its likely to recover fast now that Defi projects are slowly operating normally as gas fees slowly increasing. We can expect surge in use of the network after the upcoming implementation.

[raji1995naya]

Ethereum is increasingly being removed from exchanges. It's as if Bitcoin were being withdrawn from exchanges. When Ethereum 2.0 is released and fully implements the POS process, the scarcity of Ethereum will increase, as will the value of ETH. Traders expect that the amount of ETH will reach $10,000 in the near future. Naturally, this condition will drive ethereum prices higher; in truth, I am certain that ethereum will hit $ 4k in the immediate future.

[suryogandul]

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?

your writing occurred on May 3. it is the correction season for bitcoin and ethereum, look at this time slowly the price has increased again. I think right now there is nothing to doubt about eth or bitcoin. So it's not the right time to seek opinions, stay focused consistently on bitcoin and ethereum

[DOH!]

1. High ETH gas + around 20% tax applied in the US market seems to be the perfect destination to reduce dumping. 
2. ETH is coming closer to due diligence with the ETF following VanEck's proposal. 
3. Institutional investors will look forward to the Eth 2.0 upgrade.  They won't be in a hurry to let the benefits pass.  ETh will go past 3k, and go sideways a bit as bitcoin corrects and rises to $ 5k in May or later June. I am confident ETH will have a very strong launch.

[onecall123]

Anyone watching Ethereum? Fantastic ride up until this point without taking any major pull back. Still rocketing, ethereum is show remarkable strength. The path of least resistance is up. Yes, it's looking good and $5k here come. I was thinking of putting money on it but seems like ETH is on free ride but seeing it go up and up is hard to take. Anyway, In my experience it will come down.

[Roidz]

Anyone watching Ethereum? Fantastic ride up until this point without taking any major pull back. Still rocketing, ethereum is show remarkable strength. The path of least resistance is up. Yes, it's looking good and $5k here come. I was thinking of putting money on it but seems like ETH is on free ride but seeing it go up and up is hard to take. Anyway, In my experience it will come down.

now eth prices continue to move up and of course many positive factors continue to occur this year making eth prices able to break their record highs so far, but in current price conditions I will rethink entering because indeed the price is too high so it is better to waiting for the right time when the eth price has been corrected and I am very confident that the eth price will no longer fall below $ 3500 and usually when there is a correction, the eth price will go back up.

[Benefactor]

There will be another enormous update come very soon. individuals will be wagering the entirety of their cash into the Ethereum. This time Ethereum previously outperformed 3k it's still consistently expanding once more. These are basic subsequent to arriving at any coin it top value, the remedy will occur regardless of soon yet I believe you know how to hold.

[Samurai trieng]

I think your prediction is wrong, the eth will not falling below $3000, instead now ETH goes up beyond $4000, I believe ETH will reach $5000 in the near future, because the currently etherem is still in its infancy after the pumping took the place, and I will sell all assets.  My ETH when it reaches $5000,

[go4crypto]

ETH $5K is not too far away at this rate of rise. It could even go near $8-10K over next couple of months so good to just hodl and wait.

[ice098]

Ethereum is increasingly being removed from exchanges. It's as if Bitcoin were being withdrawn from exchanges. When Ethereum 2.0 is released and fully implements the POS process, the scarcity of Ethereum will increase, as will the value of ETH. Traders expect that the amount of ETH will reach $10,000 in the near future. Naturally, this condition will drive ethereum prices higher; in truth, I am certain that ethereum will hit $ 4k in the immediate future.

You have a right and wise guessed with this statement of yours mate and the market of Ethereum today didn't fool anyone because now it Ethereum has a exchange market rate of exactly $4,181 and yet Ethereum haven't experienced or encountered big price correction since it attained a $3000 and above.
Everyone including myself are very positive that Ethereum will continue to this good rally of market exchange rate, though price correction is inevitable.

[hazenyc]

1. High ETH gas + around 20% tax applied in the US market seems to be the perfect destination to reduce dumping. 
2. ETH is coming closer to due diligence with the ETF following VanEck's proposal. 
3. Institutional investors will look forward to the Eth 2.0 upgrade.  They won't be in a hurry to let the benefits pass.  ETh will go past 3k, and go sideways a bit as bitcoin corrects and rises to $ 5k in May or later June. I am confident ETH will have a very strong launch.

At what stage is VanEck'S proposal now? Can a decision be expcted soon? I thought I read that the SEC wants to commit on it or make a decision in June. It would support the price although I don't believe the effect will be so powerful. Institutional investors by now have enough options to safely trade.

[Mahanton]

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?

Is this something we should really be surprised about?If we've been here on this market for a while then corrections and pumps like these isnt really something new that we cant see here.
For ETH situation then it did reach out new heights but you should know on when to get out because we cant really see a market that would continue to rise up.
There would always be a correction comes after and you should really be aware with that or be mindful on setting out goals so that you wont get yourself caught in the dump
but if you do tend to hold for long term then this wont really mind you.

[crzy]

ETH $5K is not too far away at this rate of rise. It could even go near $8-10K over next couple of months so good to just hodl and wait.

Wishing to see ETH on that price at the end of the year and hopefully the whole bull run continues until we reaches that level. We’ve break many resistance with ETH and there’s no sign of weakness, though we are seeing a pullback now I still see this as temporary, after this one we will aim to hit $5k and go beyond the expectation of many so ETH is still a good coin to invest for.

[LUCKMCFLY]

At the moment ETH has grown by 7%, but it is very likely that it will fall in a slight correction, the reason is simple, the BTC is moving laterally, this means that some investors are waiting for a significant movement to define what. direction they can go, but for now it is best to wait, BTC can enter a bullish rally and ETH reach a good price, at least $ 3k or more.

Ethereum (ETH) keeps setting new peaks, and the rate of the chief altcoin has rocketed by 7%.

Source: https://u.today/btc-eth-xrp-and-ltc-price-analysis-for-may-10

[hazenyc]

At the moment ETH has grown by 7%, but it is very likely that it will fall in a slight correction, the reason is simple, the BTC is moving laterally, this means that some investors are waiting for a significant movement to define what. direction they can go, but for now it is best to wait, BTC can enter a bullish rally and ETH reach a good price, at least $ 3k or more.

Ethereum (ETH) keeps setting new peaks, and the rate of the chief altcoin has rocketed by 7%.

Source: https://u.today/btc-eth-xrp-and-ltc-price-analysis-for-may-10

If Bitcoin starts another bullish rally I believe that Ethereum will more or less star on par with Bitcoin in relative terms. I highly doubt that Bitcoin will gain back its dominance it once had. There are a few alts that may undergo a significant rally. Even large investors know that investing big in Bitcoin right now could put them at risk. It is not an say call to make now.