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Author Topic: Will ETH Hit $6K this week?  (Read 1881 times)
Onuohakk
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May 26, 2021, 10:20:41 AM
 #81

Ethereum hitting $6k seems impossible for me not only in this month but the year ends. The market looks so bearish now, and it will be impossible for ethereum to skyrocket while bitcoin is on lessening in price.
Although there is still hope for better days ahead. Let's be hopeful that ethereum will $6k someday

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May 26, 2021, 10:48:05 AM
 #82

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.

It does not , and will not till the end of month or even in the whole quarter of second?

Ethereum is no doubt works well this past months but the thing is does the increase really  enough to break another ATH or this is just another manipulation attempt from the whales?
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.
Almost there , BTC stays 39,000 above this whole day or maybe until tomorrow this will take the 40k level again.









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May 26, 2021, 06:23:50 PM
 #83

this week? looks like this week has been a tough week for Ethereum going down to $ 6k!
Ethereum's new ATH is at $ 4k, and currently the Ethereum price has dumped more than 50%,
of course for the $ 6k I'm not sure it will be achieved this week.

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May 26, 2021, 09:21:17 PM
 #84

The ETH is recovering satisfactorily, the bears this time did not have the success of a few days ago, as the ETH bulls have known how to defend the price levels so that it does not fall too much, this effort may also depend on the community that bought in the dip:


Quote
Contrary to this assumption, if buyers push the price above the 20-day EMA ($2,936), the pair could rally to the 61.8% Fibonacci retracement level at $3,362.72. Such a move will indicate the short-term downtrend is over.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bch

Anyway, you have to keep waiting to see how the price of BTC develops, any important movement can be decisive for ETH and the alts.

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May 26, 2021, 09:43:01 PM
 #85

The ETH is recovering satisfactorily, the bears this time did not have the success of a few days ago, as the ETH bulls have known how to defend the price levels so that it does not fall too much, this effort may also depend on the community that bought in the dip:


Quote
Contrary to this assumption, if buyers push the price above the 20-day EMA ($2,936), the pair could rally to the 61.8% Fibonacci retracement level at $3,362.72. Such a move will indicate the short-term downtrend is over.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bch

Anyway, you have to keep waiting to see how the price of BTC develops, any important movement can be decisive for ETH and the alts.

I think this price range of Bitcoins recently was a good place for Bitcoin sideways and make altcoin especially ETH rising.
I expect 38k-40k will hold Bitcoin in more weeks, so Altcoin could have a pump pump.

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southerngentuk
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May 27, 2021, 02:52:11 AM
 #86

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
It doesn't matter to me in the near future, because for me ETH is a good long-term asset. I think ETH has always been something that is very difficult to replace so holding it is always preferred over other coins.

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May 27, 2021, 04:07:24 AM
 #87

The ETH is recovering satisfactorily, the bears this time did not have the success of a few days ago, as the ETH bulls have known how to defend the price levels so that it does not fall too much, this effort may also depend on the community that bought in the dip:


Quote
Contrary to this assumption, if buyers push the price above the 20-day EMA ($2,936), the pair could rally to the 61.8% Fibonacci retracement level at $3,362.72. Such a move will indicate the short-term downtrend is over.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bch

Anyway, you have to keep waiting to see how the price of BTC develops, any important movement can be decisive for ETH and the alts.

I think this price range of Bitcoins recently was a good place for Bitcoin sideways and make altcoin especially ETH rising.
I expect 38k-40k will hold Bitcoin in more weeks, so Altcoin could have a pump pump.

Now there is a great opportunity, ETH is having a very good omen of a bullish rally, I had already said before that ETH tends to recover much faster than BTC, at this moment we just have to wait, but I know that ETH will rise, the bulls at any time they will give a better percentage, I think it can give a +7 or + 8% profit. As you say, $ 38k- $ 40k is a mark that can be very easy to reach for BTC, now ETH can touch more than $ 3k again.

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May 27, 2021, 09:34:46 AM
 #88

The ETH is recovering satisfactorily, the bears this time did not have the success of a few days ago, as the ETH bulls have known how to defend the price levels so that it does not fall too much, this effort may also depend on the community that bought in the dip:


Quote
Contrary to this assumption, if buyers push the price above the 20-day EMA ($2,936), the pair could rally to the 61.8% Fibonacci retracement level at $3,362.72. Such a move will indicate the short-term downtrend is over.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bch

Anyway, you have to keep waiting to see how the price of BTC develops, any important movement can be decisive for ETH and the alts.
7% in the last 7 days is not that enough to believe that ETH is recovering because this has been on the 4,000$ and now stays 2k and that is almost 50% down .
I believe that the recovery can be on the top of things when the value break at least 3,500$ again.

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May 27, 2021, 12:37:46 PM
 #89

The ETH is recovering satisfactorily, the bears this time did not have the success of a few days ago, as the ETH bulls have known how to defend the price levels so that it does not fall too much, this effort may also depend on the community that bought in the dip:


Quote
Contrary to this assumption, if buyers push the price above the 20-day EMA ($2,936), the pair could rally to the 61.8% Fibonacci retracement level at $3,362.72. Such a move will indicate the short-term downtrend is over.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bch

Anyway, you have to keep waiting to see how the price of BTC develops, any important movement can be decisive for ETH and the alts.
7% in the last 7 days is not that enough to believe that ETH is recovering because this has been on the 4,000$ and now stays 2k and that is almost 50% down .
I believe that the recovery can be on the top of things when the value break at least 3,500$ again.
I believe in eth and i know that it will surely reach 6k$ but not this time, maybe in the next bull run, i still remember how eth rise from the dip, the btc has a great effect on market and by the time btc is dropping eth also drop 50% but i know eth will rise in the near future.

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May 27, 2021, 04:24:00 PM
 #90

Do you know what the current price of the eth is ,,, now the price of the eth is $2,729, and it is impossible for the etherem to reach $6000 within a week, because the current price difference is very large, and the time is very short, but I believe ETH will reach $ the 6k later this year,

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May 27, 2021, 05:31:56 PM
 #91

don't get your hopes up, Ethereum has reached new ath last month, and now there is a correction to below $ 3000,
of course this is a deep correction, I just think realistically, because $ 6k is not an easy thing to achieve,
but take it easy if $ 4k passed again then we will see new ath again and again.

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May 27, 2021, 11:49:10 PM
 #92

The ETH is recovering satisfactorily, the bears this time did not have the success of a few days ago, as the ETH bulls have known how to defend the price levels so that it does not fall too much, this effort may also depend on the community that bought in the dip:


Quote
Contrary to this assumption, if buyers push the price above the 20-day EMA ($2,936), the pair could rally to the 61.8% Fibonacci retracement level at $3,362.72. Such a move will indicate the short-term downtrend is over.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bch

Anyway, you have to keep waiting to see how the price of BTC develops, any important movement can be decisive for ETH and the alts.

Ethereum gives a very satisfying chart in various time frames. It gave a strong bounce from the key support of $1700 and continue moving upward. This hard bounce gives a trend reversal signal towards ATH. I opened my long position at $2000 and waiting to buy more if it came again back at $2000/$1700. My new target is above the Previous ATH or I can fix part of the profit near around the previous ATH.

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chikading2016
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May 28, 2021, 02:24:26 AM
 #93

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.

ETH is the best altcoin so we annoy deny the fact that there is a great posibility of rising in the near future but if we say that we can reach 6k$ maybe it is imposible this time I think it needs more years for eth to reach 6k$, for me 4500$ is enough maybe next to years it will reach 6k$ but it is still depend on the bitcoin and crypro market.

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May 28, 2021, 02:58:22 AM
 #94

In my opinion, it is very unlikely that ETH will reach $ 6,000 in the near future, because for the current market conditions, almost all altcoins have experienced a drastic drop, realistically, ETH will reach $ 6,000 at least by the end of 2021.

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May 28, 2021, 04:00:07 AM
 #95

There is no guarantee that the recent rally of ETH will reach $6k but ETH is a very good long-term investment option, along with the impressive reforms and additions in ETH 2.0 it can reach 6  thousand dollars or more in bitcoin support zone.  Just hold, I believe ETH's growth is very open.  We are still in a bullish period.
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May 28, 2021, 04:12:00 AM
 #96

In my opinion, it is very unlikely that ETH will reach $ 6,000 in the near future, because for the current market conditions, almost all altcoins have experienced a drastic drop, realistically, ETH will reach $ 6,000 at least by the end of 2021.
this was not about long time because op is asking about a week long if the Ethereum reach 6k when this wasn't happen and now the price is continuously dumping low.

$2,700 is the recent value and this is not enough a half of 6k.

There is no guarantee that the recent rally of ETH will reach $6k but ETH is a very good long-term investment option, along with the impressive reforms and additions in ETH 2.0 it can reach 6  thousand dollars or more in bitcoin support zone.  Just hold, I believe ETH's growth is very open.  We are still in a bullish period.
Well it can be in the end year? no doubt we have more than half a year remaining .

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May 28, 2021, 12:10:35 PM
 #97

Now ETH is in a huge uncertainty, for now in the short term it is getting into bearish trend, this lets many know what they can do, many are buying on the dip, it is a good time to do it, but anyway it is a risk , this analysis talks about it:


Quote
The Value of the digital asset was consolidating at $2,652 and may continue to move sideways. However, ADX at a value of 15 suggested that this trend was not strong enough to continue. Therefore, a shift in volatility in the market can be expected. The chart above also pointed at the reducing volume over time, while the momentum also dropped to the negative zone. This was the sign of evolving bearishness in the ETH market.
Source: https://ambcrypto.com/xrp-ethereum-dogecoin-price-analysis-27-may/

Let's wait to see how all this continues to develop, while the price is ideal to buy, I think the ETH bulls are about to break into action. The BTC is the one who gives the direction of all the alts, for now ETH is in a bearish trend, in the long term it could not yet be said that it can happen, it only remains to wait.

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May 28, 2021, 02:21:28 PM
 #98

Now ETH is in a huge uncertainty, for now in the short term it is getting into bearish trend, this lets many know what they can do, many are buying on the dip, it is a good time to do it, but anyway it is a risk , this analysis talks about it:


Quote
The Value of the digital asset was consolidating at $2,652 and may continue to move sideways. However, ADX at a value of 15 suggested that this trend was not strong enough to continue. Therefore, a shift in volatility in the market can be expected. The chart above also pointed at the reducing volume over time, while the momentum also dropped to the negative zone. This was the sign of evolving bearishness in the ETH market.
Source: https://ambcrypto.com/xrp-ethereum-dogecoin-price-analysis-27-may/

Let's wait to see how all this continues to develop, while the price is ideal to buy, I think the ETH bulls are about to break into action. The BTC is the one who gives the direction of all the alts, for now ETH is in a bearish trend, in the long term it could not yet be said that it can happen, it only remains to wait.
It is very important for us now to observes the market flow first before making another step. Shorts corrections, short pumps, yeah, it becomes uncertain this time. It is really hard to tell the closest possible price next to happen again. I saw the market has been so volatile and too risky to invest but this is what we live for, to take the risk is the best experience that somewhat gives us learnings.
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May 28, 2021, 02:51:29 PM
 #99

There is no guarantee that the recent rally of ETH will reach $6k but ETH is a very good long-term investment option, along with the impressive reforms and additions in ETH 2.0 it can reach 6  thousand dollars or more in bitcoin support zone.  Just hold, I believe ETH's growth is very open.  We are still in a bullish period.

Aiming for good investment asset, ETH will provide that it's one of those reliable project after Bitcoin,

if you love collecting coin to hold for long term this project will never disspaoint you, hitting 6K always

possible as the market continue to grow even there's corrections bounce will happen back.
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May 28, 2021, 08:03:21 PM
 #100

Ethereum hitting $6k seems impossible for me not only in this month but the year ends. The market looks so bearish now, and it will be impossible for ethereum to skyrocket while bitcoin is on lessening in price.
Although there is still hope for better days ahead. Let's be hopeful that ethereum will $6k someday
After a big dump of BTC it is also impossible in my mind neither in this month nor in this year as you mentioned, but to tell the truth, ETH is one of the best cryptocurrencies which has more potential than other currencies. However it seems ETH will not touch this price in the near future, but l think we should use this chance and invest in this coin, no doubt ETH is one of the best choices for long-term investing and we can make a good profit from ETH in the future.

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