Will ETH Hit $6K this week?

[Anonylz]

When the market is back to normal this is possible, right now everyone can see the market took a different turn this past days, if not for the unexpected bear market eth would probably be gearing towards 5k or so, but now things have slow down a bit, we can always be optimistic and wait for market recovery.

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[sapnu]

Considering the current market situation wherein bitcoin is already turning red as well as ethereum, I think it is not possible for now. Even though that's the case, we should not easily give up specially because we already went through the same problem before and it was much more worse than what we are experiencing right now. Soon, bitcoin will recover together with ETH and by that time, this $6k price will be met by it or even more higher, we just need to keep our faith to it and never stop believing because good things are yet to come.

[onecall123]

I have no empathy at all of individuals sold ETH yesterday due to panic, we are better off without you. Ether will eventually go up once market comes into the action. I prefer being a smart hodler instead of smart panic seller. Don't sell your ETH, others can buy in at a lower rate. The markets are still down, just take some patience.

[Woodie]

Elon Musk dropped the boom on us with some hate mail about bitcoin mining and its increased carbon emissions that comes from the electricity production, which has hit the crypto markets.

But slowly we have put this behind us and and markets are getting back but eth hitting $6K not anytime soon, markets need to build some confidence first then ATH here we come.

[tabas]

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.

It is high but if you care about it, you'll also absorb the fear that's circulating. You just ignore the fear and mind your own strategy. If you want to avoid the fear this time, you don't look at the community's reaction and you just keep your job or anything that you've been doing.
And if it starts to be calm again, then that's you should start and continue what you're wanting with your portfolio including ethereum.

[Onuohakk]

The crypto market is in full jeopardy presently after the enormous price fall of bitcoin. I don't see it happening this year for ethereum to hit $6k. Till the end of this year, ethereum will be dangling around $2500-$3500 nothing else. The bearish market is about to kicks start. Let's expect more downfall of bitcoin

[Rabi3]

it could have reached $6k this month, but the unexpected happened, it's impossible for it to reach it now for at least a whole month, crypto needs some time to recover, but i still can see it reaching 6k like it's nothing, but when is the real question, some small stuff are causing massive dumps, maybe the opposite can happen too.

[Joca97]

After this huge dumps in the last 2 days it will be good if eth even reaches 4k again in the next 10 days

maybe in the next 45 days it will reach 6k but currently far away

[ahoenk]

This year maybe but not for this week. Ethereum has already out performing btc, and if my prediction is correct. We are now entering the phase when bitcoin dominance will increase again. Its mean many altcoin will goes down and bitcoin stay or going up slowly. When bitcoin touch $80k or $100k ethereum may touch $6k.

[sayaya17]

The price of Ethereum is currently in decline when bitcoin makes a major correction. Even for other altcoins, the price becomes very low.
Actually Ethereum price can reach $6k but it will take some time, and it won't happen soon, it could happen in the next month.
That's even if bitcoin uptrends towards $60k.

[LUCKMCFLY]

This week it is kind of difficult for ETH to get a price of $ 6k, however I think that the best time to have bought ETH was in the fall of BTC, approximately 2200USD, now as BTC is recovering, it has done it almost by a 9%, ETH has reacted the same, this means that it is most likely that ETH will return to the same path it was on, this analysis agrees with what I think:

Price dropped 57% from high😱 Yesterday it was so big liquidation traders who have long positions. If the price comes back to 1950 - 2200, it will be the best zone for buying. The only spot)

Source: https://www.tradingview.com/chart/ETHUSDT/11jalUwF-Ethereum-ETH-57-drop-when-to-buy/

What I like about this type of analysis is that tradingview allows using the same analyst chart having the "Volume Profile" which oscillates in 2417USD, this tells me that in this price range there are more negotiations .... Yes BTC gets a new ATH, ETH is likely to make a huge jump to $ 5k, this taking into account that ETH is always the fastest reacting currency after BTC bullish movements.

[pealr12]

Glad to hear the market will be bullish again after this short nightmare, base on the post above it seem soon the market will revers and btc and eth will continue to perform to reach new ath, both of this coins are lot cheaper than few days back and a good time to buy some, even Elon will agree with me on this
No matter how hard anyone tries to fud and bring the price down, the market will always fight to get back up. The power of Crypto.

[ChaoChibai]

Glad to hear the market will be bullish again after this short nightmare, base on the post above it seem soon the market will revers and btc and eth will continue to perform to reach new ath, both of this coins are lot cheaper than few days back and a good time to buy some, even Elon will agree with me on this
No matter how hard anyone tries to fud and bring the price down, the market will always fight to get back up. The power of Crypto.

So happy to hear that market will be recover and bullish again, even bitcoin now had a huge crashing though.
Ethereum and so many altcoins had a big corrections and maybe next month will be better situation for crypto especially for ethereum.

[ethereumhunter]

Glad to hear the market will be bullish again after this short nightmare, base on the post above it seem soon the market will revers and btc and eth will continue to perform to reach new ath, both of this coins are lot cheaper than few days back and a good time to buy some, even Elon will agree with me on this
No matter how hard anyone tries to fud and bring the price down, the market will always fight to get back up. The power of Crypto.

Even now, the market getting bullish after the bearish yesterday. We still need to be careful because there is no guarantee for us to have this bullish. We can use this time to wait or sell some amount and profit while we can also do something else and wait for the next rally. Maybe the next week will be the time for the crypto market to back increase and start the rally, so we still need to be careful and prepare for anything that might happen. The crypto market will recover soon and we need to wait for that.

[Hovarda]

$ 6,000 seems hard for now. but, it is likely to happen in the future. Eth continues to evolve and grow. The decline in the market has panicked people, but I think this will be compensated. However, as always, caution should be exercised when investing.

[CryptopreneurBrainboss]

Without no second thought, it's quite obvious Ethereum is undervalued. With all the utilities it has and the usability of her blockchain, it should be trading above it current price. Without the recent market dump, there was nothing holding it back from reaching that milestone but since what we'll be experiencing now is market recovery, it'll take some time before we can achieve that.

Ethereum prior to the end of the year should be trading close or above the $10k price mark. Without the hugs sega around the fees that's slowing down development, all the attention should have been on ethereum and not shared with other blockchain like that of Binance that's benefiting from Ethereum high fees.

Investing in ethereum won't be a bad decision, there's many more to come in regards to development and with the whole uses of power discussion in the community and Ethereum moving to proof of stakes, the future only seems bright.

[ahsanif]

$ 6,000 seems hard for now. but, it is likely to happen in the future. Eth continues to evolve and grow. The decline in the market has panicked people, but I think this will be compensated. However, as always, caution should be exercised when investing.

at least we hope it will be reach in this year, indeed the movement is relatively slow with a stable graph. the revolutions they offer make price all time higher

[Dr.Osh]

for now, the journey towards the $ 6k price tag is likely to be delayed due to the drop in bitcoin prices caused due to FUD. however, for now, I still hope ethereum's price can return to its $ 4k price tag, even though it is currently in the $ 2k range. Well, I believe that there will be enough information to make these popular coins rise in the near future.

[Natalim]

ETH will not reach that price anytime soon, ETH has to recover now and start to be bullish again.
Looks like we are going in an opposite way and most likely we will see ETH going back at $1000 rather than seeing $6k.

Too much bullish, too much hype, that makes the market overvalued, and with that, we need some price correction.

[Desscount]

$ 6,000 seems hard for now. but, it is likely to happen in the future. Eth continues to evolve and grow. The decline in the market has panicked people, but I think this will be compensated. However, as always, caution should be exercised when investing.

Yes I agree to see the current conditions it seems difficult to break through $ 6k,
with the downturn in the market some people panicked and I think it's only natural
I hope the market can recover soon and of course it will take time