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Author Topic: Will ETH Hit $6K this week?  (Read 1878 times)
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May 23, 2021, 04:39:31 AM
 #61

Yeah, as long as Bitcoin cannot recover its price, Ethereum and other altcoins are hard to recover their prices as well. May is almost over, it is May 22, I don't think we will see the price of Ethereum above $3,000 this month. I even suspect the price of Ethereum can drop below $2,000. So, not sure when the price of Ethereum can recover and go up to $5,000. It may be in June or July if the market can recover.  Undecided
You are saying the truth. If Bitcoin can not relaim its $64k all time high, Ethereum can not have chance to move up to $6,000.

Ethereum can have that price when the upgrade finishes and when the market has a take profit time for tax and financial report before the end of this calendar year.

I read some members say Ethereum can become another Bitcoin as the second main asset to store capital. I doubt that it is true but I believe Ethereum can have better value than now.
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May 23, 2021, 09:59:53 AM
 #62

No one will ever know how fast Ethereum will recover, but it is certain that Ethereum will recover. We just need to be patient waiting for Ethereum
to recover, but if we look at the Ethereum price decline that is quite deep. It looks like Ethereum will take a little while to get to $ 5k or $ 6k.
And the increase in Ethereum is also very dependent on the movement of Bitcoin, so we have to wait for Bitcoin to recover too,  so that Ethereum
can recover soon.
Once bitcoin recovers, eth can very well recover too. If btc has not crashed, I think, eth should be in the 5k level by now. But unfortunately, we need to experience the correction. This is part of the market and we can't stop it from happening. But with so many organizations involved in the crypto market, I strongly believe that we will bounce back very soon. Waiting also for the gas efficiency in eth to be totally addressed. Maybe, once this has resolved, eth will soar its price.

Actually, for those who have been in the crypto world for a long time, the situation like now is not new and we don't need to panic.
Even though I'm actually a little disappointed that the Ethereum price has been delayed towards the $ 5k price, due to the current market crash.
But it is true that the decline in Ethereum price is not the first time that has happened, often Ethereum has experienced a price decline.
However, Ethereum has often managed to bounce back, so indeed we have to be patient waiting for the Ethereum price to recover
and be able to go up according to the target we want.

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May 23, 2021, 10:36:13 AM
 #63

I am sure Ethereum will hit 5k but after may, because I think Bitcoin will not recover soon it will take some time and altcoins also will follow Bitcoin so ethereum can hit 5k after market stable.

I agree with you, because it will be very difficult to make the price of Ethereum increase very high when the market is correcting, so I am also sure that the price of Ethereum will increase very high if the market correction is over and starts to increase again, therefore as long as the market is still correcting, then of course the price of Ethereum can't increase very high and reach $ 6k.
It will hit $6k but not this week or next week. I think it will recover first then a moment of downside again then hit again the ATH but it's already down below $2k right now. I takes another bull market again before it will regain the previous price. Many news and adoptions need to release before it will back again. I believe in ETH but in the other side, they totally need to fix their gas fee issue. It really a big problem for it's user's allowing people to transact to other ecosystem. Bitcoin need to get back and all altcoins will follow it.

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May 23, 2021, 12:57:48 PM
 #64

I am sure Ethereum will hit 5k but after may, because I think Bitcoin will not recover soon it will take some time and altcoins also will follow Bitcoin so ethereum can hit 5k after market stable.

I agree with you, because it will be very difficult to make the price of Ethereum increase very high when the market is correcting, so I am also sure that the price of Ethereum will increase very high if the market correction is over and starts to increase again, therefore as long as the market is still correcting, then of course the price of Ethereum can't increase very high and reach $ 6k.
It will hit $6k but not this week or next week. I think it will recover first then a moment of downside again then hit again the ATH but it's already down below $2k right now. I takes another bull market again before it will regain the previous price. Many news and adoptions need to release before it will back again. I believe in ETH but in the other side, they totally need to fix their gas fee issue. It really a big problem for it's user's allowing people to transact to other ecosystem. Bitcoin need to get back and all altcoins will follow it.

It guarantee it won't hit $6,000 for quite a while. There is hardly any resistance or momentum that would make me thing it could bounce back in an amazing fashion. This looks like a sustained downtrend with no end in sight. It went up so much that even now people could be taking profit.

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May 23, 2021, 02:19:05 PM
 #65

I am sure Ethereum will hit 5k but after may, because I think Bitcoin will not recover soon it will take some time and altcoins also will follow Bitcoin so ethereum can hit 5k after market stable.

I agree with you, because it will be very difficult to make the price of Ethereum increase very high when the market is correcting, so I am also sure that the price of Ethereum will increase very high if the market correction is over and starts to increase again, therefore as long as the market is still correcting, then of course the price of Ethereum can't increase very high and reach $ 6k.
It will hit $6k but not this week or next week. I think it will recover first then a moment of downside again then hit again the ATH but it's already down below $2k right now. I takes another bull market again before it will regain the previous price. Many news and adoptions need to release before it will back again. I believe in ETH but in the other side, they totally need to fix their gas fee issue. It really a big problem for it's user's allowing people to transact to other ecosystem. Bitcoin need to get back and all altcoins will follow it.

It guarantee it won't hit $6,000 for quite a while. There is hardly any resistance or momentum that would make me thing it could bounce back in an amazing fashion. This looks like a sustained downtrend with no end in sight. It went up so much that even now people could be taking profit.

at least you can be more rational because most people are having an exaggerated optimism, which seems to me that they don't want to face the harsh reality that the market is collapsing and it may take years or years to recover. from what i see if the bitcoin price falls below $28000 then the big nightmare awaits us and will not recover from this nightmare so soon if the price falls below $28000. But on the other hand for people who use bitcoin as a payment method the price will drop below $28000 will not matter

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May 23, 2021, 07:57:04 PM
 #66

I am sure Ethereum will hit 5k but after may, because I think Bitcoin will not recover soon it will take some time and altcoins also will follow Bitcoin so ethereum can hit 5k after market stable.
It can recover soon but we will never know how big the recovery will be. I agree that it will take some time until it finally recovers again.

Ethereum has to double and more if you're targeting $5k. But it will really take time before we see those numbers for Ethereum. A $5k or $6k Ethereum could take a lot of time before it happens.

It has broken $4k but it all ended there temporarily.

No one will ever know how fast Ethereum will recover, but it is certain that Ethereum will recover. We just need to be patient waiting for Ethereum
to recover, but if we look at the Ethereum price decline that is quite deep. It looks like Ethereum will take a little while to get to $ 5k or $ 6k.
And the increase in Ethereum is also very dependent on the movement of Bitcoin, so we have to wait for Bitcoin to recover too,  so that Ethereum
can recover soon.
Yes, there's an assurance that it will recover.

And just to see the price of it today, the price dropped again and it's below $2k right now. The drop has been so quick and there's no way that people would ignore this drop.

Everyone that likes to have Ethereum should get in while the price is very cheap.

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May 23, 2021, 10:50:02 PM
 #67

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.


From the post you made, I think the price of ETH hasn't reached $6k, because the market is undergoing a correction at the moment, so it's very difficult for the price of ETH to increase $6k, but I'm sure if there is a bull run, then the price of ETH can definitely reach $6k and I am sure that soon the market will start to increase again, because many people predict if the price of BTC can reach $100k and the price of ETH can reach $10k this year, therefore I am sure that a bull run will come soon and make the market green again (pump).
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May 23, 2021, 11:58:16 PM
 #68

~
It can recover soon but we will never know how big the recovery will be. I agree that it will take some time until it finally recovers again.

Ethereum has to double and more if you're targeting $5k. But it will really take time before we see those numbers for Ethereum. A $5k or $6k Ethereum could take a lot of time before it happens.

It has broken $4k but it all ended there temporarily.
No one will ever know how fast Ethereum will recover, but it is certain that Ethereum will recover. We just need to be patient waiting for Ethereum
to recover, but if we look at the Ethereum price decline that is quite deep. It looks like Ethereum will take a little while to get to $ 5k or $ 6k.
And the increase in Ethereum is also very dependent on the movement of Bitcoin, so we have to wait for Bitcoin to recover too,  so that Ethereum
can recover soon.
Yes, there's an assurance that it will recover.

And just to see the price of it today, the price dropped again and it's below $2k right now. The drop has been so quick and there's no way that people would ignore this drop.

Everyone that likes to have Ethereum should get in while the price is very cheap.

Opportunities like these days are rare, so take advantage of it to buy Ethereum at a low price. We have to believe that Ethereum is one of
the strongest coins besides Bitcoin, even in my opinion Ethereum is still the king of altcoins. So don't hesitate to buy Ethereum today when
the price is really low. Because if Ethereum can finally recover, try to imagine the profit we make must be very large.

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May 24, 2021, 02:42:51 AM
 #69

at this point, i don't really think that ETH can hit $6k this week,
i think the price of ETH will get better and can reach $6k at least in September,2021.
This is a really crash moment and red zone for all of the altcoins.

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May 24, 2021, 03:41:36 AM
 #70

at this point, i don't really think that ETH can hit $6k this week,
i think the price of ETH will get better and can reach $6k at least in September,2021.
This is a really crash moment and red zone for all of the altcoins.
well, the bear market makes all speculation turn. We know Ethereum prices are currently rocking backwards into the $ 2k range. however, a $ 1k increase for ethereum's price alone would be tough if bitcoin's price didn't go up. for now, it's best not to think too much about the $ 6k price tag. even nowadays ethereum is pretty far off the $ 5k price tag.

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May 24, 2021, 12:18:45 PM
 #71

The market is dumping and initially before the dump, I thought Eth was about to decouple from bitcoin when it hit over $4000 in price. Therearter, bitcoin began to fall as a result of what some people called 'the coordinated fud' Many are saying that we are in a bear trap and if that is true, ether will eventually hit $10000 as bitcoin rises!

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May 24, 2021, 09:29:38 PM
 #72

~
It can recover soon but we will never know how big the recovery will be. I agree that it will take some time until it finally recovers again.

Ethereum has to double and more if you're targeting $5k. But it will really take time before we see those numbers for Ethereum. A $5k or $6k Ethereum could take a lot of time before it happens.

It has broken $4k but it all ended there temporarily.
No one will ever know how fast Ethereum will recover, but it is certain that Ethereum will recover. We just need to be patient waiting for Ethereum
to recover, but if we look at the Ethereum price decline that is quite deep. It looks like Ethereum will take a little while to get to $ 5k or $ 6k.
And the increase in Ethereum is also very dependent on the movement of Bitcoin, so we have to wait for Bitcoin to recover too,  so that Ethereum
can recover soon.
Yes, there's an assurance that it will recover.

And just to see the price of it today, the price dropped again and it's below $2k right now. The drop has been so quick and there's no way that people would ignore this drop.

Everyone that likes to have Ethereum should get in while the price is very cheap.

Opportunities like these days are rare, so take advantage of it to buy Ethereum at a low price. We have to believe that Ethereum is one of
the strongest coins besides Bitcoin, even in my opinion Ethereum is still the king of altcoins. So don't hesitate to buy Ethereum today when
the price is really low. Because if Ethereum can finally recover, try to imagine the profit we make must be very large.
Just as you've said, it was an opportunity for those who have bought at the low price of under $2k. That's for real because Ethereum just recovered and jumped to $2,600.

That was a quick recovery for Ethereum and it's likely that it would be the first to go back than bitcoin to its near peak price. I don't have an idea what drives the price of Ethereum quick to recover.

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May 25, 2021, 11:37:12 PM
 #73

Opportunities like these days are rare, so take advantage of it to buy Ethereum at a low price. We have to believe that Ethereum is one of
the strongest coins besides Bitcoin, even in my opinion Ethereum is still the king of altcoins. So don't hesitate to buy Ethereum today when
the price is really low. Because if Ethereum can finally recover, try to imagine the profit we make must be very large.
Just as you've said, it was an opportunity for those who have bought at the low price of under $2k. That's for real because Ethereum just recovered and jumped to $2,600.

That was a quick recovery for Ethereum and it's likely that it would be the first to go back than bitcoin to its near peak price. I don't have an idea what drives the price of Ethereum quick to recover.

The person who took the opportunity to buy Ethereum a few days ago would be smiling by now, because the Ethereum price started to recover
by going up to the price of $ 2700. Which could be in the near future again above the price of $ 3000, if the Bitcoin price manages to go back
to $ 40k. Because one of the factors in the increase in the price of Ethereum is usually affected by the increase in the price of Bitcoin. What is
certain is that altcoins with a strong fundamental like Ethereum I believe can recover quickly. We just need to be patient waiting for the Ethereum
price to return to the ATH price.

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May 26, 2021, 03:38:13 AM
 #74

I am sure Ethereum will hit 5k but after may, because I think Bitcoin will not recover soon it will take some time and altcoins also will follow Bitcoin so ethereum can hit 5k after market stable.

I agree with you, because it will be very difficult to make the price of Ethereum increase very high when the market is correcting, so I am also sure that the price of Ethereum will increase very high if the market correction is over and starts to increase again, therefore as long as the market is still correcting, then of course the price of Ethereum can't increase very high and reach $ 6k.

I think that will be so impossible for ethereum to reach $6k. At this time, market is having a really bad correction for almost altcoins day by day.
The price of ethereum now going down under $3k, I really hope market will be better and bitcoin price will slowly increase again.

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May 26, 2021, 03:45:40 AM
 #75

at this point, i don't really think that ETH can hit $6k this week,
i think the price of ETH will get better and can reach $6k at least in September,2021.
This is a really crash moment and red zone for all of the altcoins.
Seriously speaking of the price I don't expect the value of ETH to grow so quickly, even though I believe it will, the process won't be so easy, and What we have seen recently is the most concrete demonstration of the growth of eth.

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May 26, 2021, 04:00:20 AM
 #76

at this point, i don't really think that ETH can hit $6k this week,
i think the price of ETH will get better and can reach $6k at least in September,2021.
This is a really crash moment and red zone for all of the altcoins.
Seriously speaking of the price I don't expect the value of ETH to grow so quickly, even though I believe it will, the process won't be so easy, and What we have seen recently is the most concrete demonstration of the growth of eth.
This question comes when the price of Bitcoin goes up to more than 3k and up to 4k , so this is not the right tome to expect this growth.

Ethereum may grow at least 5k the max if bitcoin reach 100k.
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May 26, 2021, 07:27:22 AM
 #77

at this point, i don't really think that ETH can hit $6k this week,
i think the price of ETH will get better and can reach $6k at least in September,2021.
This is a really crash moment and red zone for all of the altcoins.
Seriously speaking of the price I don't expect the value of ETH to grow so quickly, even though I believe it will, the process won't be so easy, and What we have seen recently is the most concrete demonstration of the growth of eth.
It's true when talking about the process, of course it's not that easy because it needs to go through several stages,
so the point is that for the near future it looks like ethereum prices have not grown maybe it will take some time,
what is clear is that we just follow the developments

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May 26, 2021, 08:14:24 AM
 #78

I guess the promotional offer worked out for you. ETH didn't hit 6k$ but dropped sharply with BTC. Currently, it's struggling to even touch the 3k$ price as there is heavy resistance. If BTC stabilizes above 40000$ price then we may see ETH climb above 3k$ and move to its previous ATH.

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May 26, 2021, 09:00:49 AM
 #79

If BTC stabilizes above 40000$ price then we may see ETH climb above 3k$ and move to its previous ATH.

Indeed, it’s totally depend on bitcoin's movement and eth might cross $3k price zone if btc continues the sideways movement between $39k to $42k. Not only this, ethereum might rebound to it’s ATH if bitcoin breaks the major resistance zone of $45k as it'll make sideways movement after breaking any major resistance which will help ethereum and other alts to pump more.

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May 26, 2021, 09:57:22 AM
 #80

After what happened to bitcoin, ethereum seems to need to wait for more as the price does not break $3k this week. If bitcoin can break $41k in the short term, maybe ethereum can have the time to lift the price and break $3k. Maybe it will need more times to see ethereum price can start to increase. But now, the market moves are not too good and you need to be patient for more. Reaching $6k will be the ethereum goal long-term, but no sign can tell us when it will happen.

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..PLAY NOW..
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