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Author Topic: Will ETH Hit $6K this week?  (Read 1891 times)
katrina2 (OP)
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May 10, 2021, 09:42:37 AM
 #1

ETH breaks above $4.1K Rocket with an increasing rate of 6.45%.
Join Bex500 https://www.bex500.com/
If Ethereum hits $6K this week, we will send out $10,000 to 10 lucky users who trade ETH perpetual contracts in Bex500 this week.
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May 19, 2021, 05:08:50 PM
 #2

Haha I believe by now, you already have your answer, Ethereum didn't even attempt 5k$ before this the red candles hit the market, but then, we don't loose hope, we all should probably see this as a major correction which in my opinion is long over due, am personally expecting bitcoin to hits below 30k$ or even below 25k$, also expecting Ethereum to hit below 1500$.
One this is done, as long as it's not a bear season but a major correction, we will fly again and this time, bitcoin is heading to 100k$ before the end of this year, and so are major altcoins seeing new highs again.. Fingers crossed.

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May 19, 2021, 05:25:40 PM
 #3

Haha I believe by now, you already have your answer, Ethereum didn't even attempt 5k$ before this the red candles hit the market, but then, we don't loose hope, we all should probably see this as a major correction which in my opinion is long over due, am personally expecting bitcoin to hits below 30k$ or even below 25k$, also expecting Ethereum to hit below 1500$.
One this is done, as long as it's not a bear season but a major correction, we will fly again and this time, bitcoin is heading to 100k$ before the end of this year, and so are major altcoins seeing new highs again.. Fingers crossed. is
The future of cryptocurrency is not as bright as you think. I believe the worst nightmare is yet to come. People start to sell their coins all around the world. The only way to escape this bad situation is the help of institutional investors. They need to put more money to gather more bitcoin to stop the FUD and maintain the 1-year uptrend.

Well, I hope that I'm wrong. I still think about 2018 where many people lose their money

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Sterbens
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May 19, 2021, 06:37:49 PM
 #4

Summer is almost here, so let's be patient for a while as it's a good start for those looking to own more Bitcoin or Ethereum. At the same time, everyone hopes that the price will recover and only that they expect to continue correcting deeper. This is very difficult indeed as we are still not sure in the future it will be a full recovery back to $ 50,000 for BTC.
but it does not rule out the possibility that there are always some conditions that support a sudden increase.

.
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May 19, 2021, 07:11:53 PM
 #5

You gotta be kidding right because this is not gonna happen not in a week.

We are at the end of Q2 and you are saying this I really like the contest that you are encouraging your users but this is not the best way to be honest, This is something impossible.

Good luck.
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May 19, 2021, 09:52:37 PM
 #6

I think that ETH will be able to reach the $ 6k mark, the only thing is that for now while the bitcoin is trending bearish it is very difficult, the bulls this time could not contain all the force of the bears, also they did not make much effort because BTC started to fall a lot due to the high FUD, now ETH after being a big winner has fallen more than BTC, about 21%:


Quote
Despite the sharp dump of Ethereum (ETH), the rate has successfully bounced off the levels around $2,000. From a technical point of view, the situation is similar to Bitcoin (BTC), as the bulls may seize the initiative now and return the rate of the chief altcoin to $3,000.

Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-19

If BTC begins to generate recovery, it is likely that ETH will also follow that same direction, it is just a matter of waiting to see how the market continues to develop.

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May 19, 2021, 09:58:59 PM
 #7

I think that ETH will be able to reach the $ 6k mark, the only thing is that for now while the bitcoin is trending bearish it is very difficult, the bulls this time could not contain all the force of the bears, also they did not make much effort because BTC started to fall a lot due to the high FUD, now ETH after being a big winner has fallen more than BTC, about 21%:

-
If BTC begins to generate recovery, it is likely that ETH will also follow that same direction, it is just a matter of waiting to see how the market continues to develop.

The $6k level is almost on the horizon if btc has not dropped its value. But since we are in the bearish trend, almost all the other alts also follow. So the $6k may not be achieved today, but once the market is going up again, and so with other markets including ETH. The $6k level is achievable for ETH and now that the month of July is fast approaching, the scheduled month of EIP 1559 protocol for ETH is supposedly implemented, there's high chance that it will contribute to the recovery of its price in the market.
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May 19, 2021, 10:07:21 PM
 #8

ETH made a good run in the past week, but yesterday (local time) it erased those good run and turned into a nightmare in some traders and holders this is very unfortunate not to reach that price level because it drops faster than expected. Anyway, we have to move on now and see this cheap market again as an opportunity, I'm looking for my buying power now and planning buy more ETH in the coming days, hope its not too late yet.

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May 19, 2021, 11:40:14 PM
 #9

Its possible if BTC continue the bullrun, but the market now fulll of depressions and fears.
Its more possible if the market keeps crashing until the nextweek. We will reset the fear and accumulate with the lower position.

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May 19, 2021, 11:51:54 PM
 #10

Its possible if BTC continue the bullrun, but the market now fulll of depressions and fears.
Its more possible if the market keeps crashing until the nextweek. We will reset the fear and accumulate with the lower position.
Fear in the market will remain. Those who have gained enough experience won't be stopped and will still be able to see Ethereum going $6k very soon.
There's more on that price, most of the ETH holders and enthusiasts won't be stopping at that point, that's why there's more to it.

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May 20, 2021, 01:05:44 AM
 #11

A few days already passed and it seems like the market needs in less than three days to make all of speculation about the future price of ethereum became failed.
Ethereum will not reach 6k and the week already passed. We will see that ethereum will be going to the bottom price again. Bitcoin is stronger than any altcoins.
The market is feeling so difficult to recover again dude.

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Amejoaquim
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May 20, 2021, 02:42:43 AM
 #12

I think $6k isn't gonna happen in this week.

The market correction is ruined the entire market and it will take a little bit time for ethereum to reach that price, maybe in the next month or maybe when the ETH 2.0 release.
Ararbermas
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May 20, 2021, 03:07:39 AM
 #13

Seems not possible because the current price still too far to reach from around 3k to 6k and indeed it became stagnant as well because of the current situation of the market.. Check coinmarketcap you will see that the whole market is on the bearish mode, in my personal opinion if this will getting worse expect eth price will decrease instead of increasing as it keeps struggling due to the situation..
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May 20, 2021, 08:04:48 AM
 #14

Its possible if BTC continue the bullrun, but the market now fulll of depressions and fears.
Its more possible if the market keeps crashing until the nextweek. We will reset the fear and accumulate with the lower position.
Fear in the market will remain. Those who have gained enough experience won't be stopped and will still be able to see Ethereum going $6k very soon.
There's more on that price, most of the ETH holders and enthusiasts won't be stopping at that point, that's why there's more to it.

Yea true, but the fear at the moment is really high, only instituional or corporate who have power can buy crypto more at this moment.
Small investor wont bet their money in the situation like this, moreover many rumour that we will going to 26k or even 10k before next bull run.
We already see many bull trap recently, this uptrend maybe kind of that.

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May 20, 2021, 08:27:30 AM
 #15

6k this week is far too fast, make it 2weeks Wink

Meow Meow
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May 20, 2021, 08:49:48 AM
 #16

and... it's going down to $ 2,600K price mark, wonder what's gonna happen if not for elon fudding the shit out of crypto market, I'm pretty sure ETH gonna reach $5K by now but well no point regretting
though ethereum still have some reason for it to get pumped again like the london hardfork that implements EIP1599 that could be a killer and potentially make ETH explodes
Just wait guys, maybe we gonna reach ATH again.

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Chato1977
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May 20, 2021, 08:51:47 AM
 #17

ETH breaks above $4.1K Rocket with an increasing rate of 6.45%.
Join Bex500 https://www.bex500.com/
If Ethereum hits $6K this week, we will send out $10,000 to 10 lucky users who trade ETH perpetual contracts in Bex500 this week.


NEVER!!!!!!


Ethereum shrunk to 2600$ now and surely will stay long for now as the market is showing Bloody hell.

6k this week is far too fast, make it 2weeks Wink

Reasonable request. i think this maybe enough .
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May 20, 2021, 09:58:06 AM
 #18

I think there is no way ETH can reach $ 6k this week, because 7 days is a very short time for eth to be able to pump prices, especially now that the market is down, but I believe ETH will hit $ 6000 next year,

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May 20, 2021, 10:00:33 AM
 #19

ETH breaks above $4.1K Rocket with an increasing rate of 6.45%.
Join Bex500 https://www.bex500.com/
If Ethereum hits $6K this week, we will send out $10,000 to 10 lucky users who trade ETH perpetual contracts in Bex500 this week.

Not even closer mate , Look at the movement now   https://coinmarketcap.com/

99% of market are experiencing double digits Losing so basically this means not at good position to expect this high.

Lets see in the next couple of weeks after the recovery .

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May 20, 2021, 02:06:18 PM
 #20

It is hard to see ETH can hit $6k this week as the ETH price drops too deep. But it could happen in the next month or the future because ETH still has the potential to increase higher and back to that price. Besides that, with bitcoin price drops too deep, ETH will stay at the current price or it can down for more. This correction makes many people sad as bitcoin is down and the altcoin follows down. But we should not give up and just wait without doing anything because we can buy any potential at a low price.

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