Ethereum is rising, Is this really the effect of ethereum's London hard fork?

[Handsome Boy]

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

it could happen, because in my opinion London hard fork greatly affects the increase in the current price of Ethereum and of course the price of Ethereum will continue to increase, so it is possible that the price of Ethereum can reach $5k, because currently the market conditions are also good (recovering), so it could also affect for the price of Ethereum will continue to increase and reach $5k in the next few days.

[bahagia93]

it could happen, because in my opinion London hard fork greatly affects the increase in the current price of Ethereum and of course the price of Ethereum will continue to increase, so it is possible that the price of Ethereum can reach $5k, because currently the market conditions are also good (recovering), so it could also affect for the price of Ethereum will continue to increase and reach $5k in the next few days.

For the next few days, it looks like it will be a little difficult for Ethereum to reach $5K, but for $4K I think it's still very logical to achieve in the near future because now the price is already over $3K.

[Tahid12]

recent fork highly made contribution behind pumping the ether price. Some people thoughts, ether will be dump usually after the fork end but its wonder, still price is on up trend. Ether still break $4k and any positive news come or another fork will be announced back to back, then ether could cross $5k. Although thats hard cause no such things is happening right now but we can be optimistic for eth's good value

[Marvelman]

it could happen, because in my opinion London hard fork greatly affects the increase in the current price of Ethereum and of course the price of Ethereum will continue to increase, so it is possible that the price of Ethereum can reach $5k, because currently the market conditions are also good (recovering), so it could also affect for the price of Ethereum will continue to increase and reach $5k in the next few days.

For the next few days, it looks like it will be a little difficult for Ethereum to reach $5K, but for $4K I think it's still very logical to achieve in the near future because now the price is already over $3K.

As I mentioned previously, I am investing in Ethereum in addition to Bitcoin. Because I believe Ethereum's blockchain technology could eventually have greater market impact.
I don't think that I should go into further detail about my reasoning.

[aylabadia05]

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

It won't happen for Ethereum price to jump to $5K in the next few days. The highest price of Ethereum after the London hard fork in my perspective is $4K and it won't happen in a matter of days but within this year.

[v3liana]

According to burn tracking site WatchTheBurn, 32,100 ETH has been destroyed so far since the upgrade occured on August 5. After the london fork a lot of ethereum coins were burned and this is very good for the future of ethereum and i think the rising of ethereum still not over yet and it can go $5k in this august.

[Woodie]

I can not write that off, in the cryptocurrency world it's the small things that make the difference,  if a simple tweet can make price to react to it what can stop a soft fork which  is more technical from influencing the price??
If you ask me I see the London fork being one of the reasons price of Ethereum is being bullish right now and SECs interest in crypto regulation could be another contributing factor.

[conected]

According to burn tracking site WatchTheBurn, 32,100 ETH has been destroyed so far since the upgrade occured on August 5. After the london fork a lot of ethereum coins were burned and this is very good for the future of ethereum and i think the rising of ethereum still not over yet and it can go $5k in this august.

- Supply has lost some numbers, demand will go through that to have a few changes but the number burned is still quite small and as a matter of common sense, small losses in supply only become important in times of scarcity and may occur in the future, hard fork burn rate will probably help ethereum more in the future, rather than short term effect. The recent movement is probably that bitcoin has been oversupplied with food and nutrition, it gradually transfers its reserves to altcoins as a good habit to avoid side effects

[lenovop-70]

Since London hardfork established, more than 30.000 Ethereum was burned, and it will easily upgrade the price in the market. It's simple, if the amount of Ethereum in the total supply decreased, the price will automatically go up, in my opinion Ethereum price will hit $6k in the september, and will goes up probably $10k as close price in this year, i hope so.

[aylabadia05]

It won't happen for Ethereum price to jump to $5K in the next few days. The highest price of Ethereum after the London hard fork in my perspective is $4K and it won't happen in a matter of days but within this year.

It will happen but it need one hype news that make people buy it. Maybe 5k sounds too high in this current market condition, it could be there if BTC is going over 50k. But ETH climb to the high slowly but sure, just look at the chart last one week we could see ETH price is slowly going high and there will be one moment the price will jump a bit like 10% in near future

ETH once dropped from $4K to $1,817. After that, Ethereum rose again nicely to $3,265 today, this second. However, if BTC increases again to $50K, it's likely that ETH will also increase assuming I'm $4K to $5K.

[Silberman]

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

It won't happen for Ethereum price to jump to $5K in the next few days. The highest price of Ethereum after the London hard fork in my perspective is $4K and it won't happen in a matter of days but within this year.

We know that everything is possible in the market of cryptocurrencies especially that in my opinion we are seeing a close repetition of the scenario that happened during 2017, so I think we are about to see a price increase during the final months of this year and this means that the maximum price that ethereum could reach during that time is unknown, however it is going to be heavily dependent on the price that bitcoin reaches as we now that ethereum has a tendency to follow the movements of bitcoin.

[viananda2525]

According to burn tracking site WatchTheBurn, 32,100 ETH has been destroyed so far since the upgrade occured on August 5. After the london fork a lot of ethereum coins were burned and this is very good for the future of ethereum and i think the rising of ethereum still not over yet and it can go $5k in this august.

its good step to reduce ethereum supply and directly will effected to price it self, so far we know  ethereum has infinite supply and many people compain it and now by London upgrade i am believe it make investors be more confidence to hold ethereum for long term.

Since London hardfork established, more than 30.000 Ethereum was burned, and it will easily upgrade the price in the market. It's simple, if the amount of Ethereum in the total supply decreased, the price will automatically go up, in my opinion Ethereum price will hit $6k in the september, and will goes up probably $10k as close price in this year, i hope so.

now if transaction fee solved , ethereum will be best coins in market now. developers team will be back to ethereum platform again and it will attract demand to eth.

[ChaoChibai]

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

The current price of Ethereum is $3,276.13. This price is increasing day by day since the London harfork was held. Well, I agree that the price is increasing because the London hardfork, the momentum was so perfect and make the price going up in such a short time.