Ethereum Price Prediction – Will ETH Hit $5,000 Soon?

[Ten98]

Basically it's all depends on market conditions currently Ethereum is around $3200 if market could able to maintain its current momentum then we may expect a decent increase in the price of Ethereum nevertheless I think the improvements in Ethereum network will determine the value of Ethereum, the developers need to fix the high transaction fees problem which can be a big barrier in its growth.

So far the transaction fee on the Ethereum network is not high because it is very much in accordance with the amount that must be paid by the owner of the transaction, let's look at the number of transactions in satoshi in the past and compare it with the amount of transaction fees at this time, I think there is no difference which is so far, but if you look at the dollar amount, of course there will be a difference because the price of Ethereum is already very expensive, this means that the cost issue is not an obstacle for Ethereum to grow.

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[Samurai trieng]

I think Ethereum has a good chance of hitting $5K but not anytime soon, ETH is currently recovering after its recent decline, with the arrival of the London hard fork, I believe it can support ETH's popularity as it has always been, and we hope that  ETH can get maximum achievement this year.

[Handsome Boy]

$5k is a very easy price that Ethereum will definitely reach in the near future, especially when the next altseason occurs, then the price of Ethereum can definitely reach $ 5k, so now is still the right time to invest in Ethereum, because I'm sure you will definitely get a lot of profit from investing in Ethereum at this time.

[Natalim]

$5k is a very easy price that Ethereum will definitely reach in the near future, especially when the next altseason occurs, then the price of Ethereum can definitely reach $ 5k, so now is still the right time to invest in Ethereum, because I'm sure you will definitely get a lot of profit from investing in Ethereum at this time.

Yes. Getting $5k as its new ATH i think is very possible because ethereum at the moment is very bullish. With its current price at $3,273 then its too close for its new predicted ATH.

But let's not forget that price corrections are waiting along the way. The more ethereum goes up, the bigger the chances that price corrections will occur. So i suggest, keep your faith. Just like bitcoin, it may fall but definitely the value will bounce back and recover again.

[LUCKMCFLY]

Well, although the price of ETH seems to be consolidating, it is likely that we will continue to see the price above $ 3k, it is not certain that it will continue to rise, but if BTC continues to trend bullish, we could think that it could go beyond $3k:

If that happens, it will suggest that bulls accumulated the ETH/USDT pair inside the range. The pair could then rally to $3,670 and later to $4,000.

Source: https://cointelegraph.com/news/price-analysis-8-27-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-luna

$5k is a very possible price, but for now it is more likely that it will reach $ 4k and that it can reach new price levels, for now the price is much better than 3 months ago, it is necessary to wait, I am sure that the bulls of ETH will defend the price level very well.

[andriarto]

Well, although the price of ETH seems to be consolidating, it is likely that we will continue to see the price above $ 3k, it is not certain that it will continue to rise, but if BTC continues to trend bullish, we could think that it could go beyond $3k:

If that happens, it will suggest that bulls accumulated the ETH/USDT pair inside the range. The pair could then rally to $3,670 and later to $4,000.

Source: https://cointelegraph.com/news/price-analysis-8-27-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-luna

$5k is a very possible price, but for now it is more likely that it will reach $ 4k and that it can reach new price levels, for now the price is much better than 3 months ago, it is necessary to wait, I am sure that the bulls of ETH will defend the price level very well.

In this consolidation area we have to be careful, because in technical analysis if ethereum breaks out downwards then it is possible that a correction will occur, but if it experiences an upward breakout then it is possible that eth will be able to form a new ath, therefore for traders still have to place a stop loss, because we have to take risks and have to be disciplined, in contrast to the holder who I think there is no problem to keep holding it

[ccFOUND]

ETH is doing good since its recent London fork and its rally had been descending after breaking out $3000 again. $5k is possible for ETH because sentiments of people show that ETH could be making higher highs by breaking its latest ATH of $4200. Consolidation is going on while bulls are forcing the price upwards in majority and once the sellers lack the liquidity, ETH will shoot up.

[sana54210]

In this consolidation area we have to be careful, because in technical analysis if ethereum breaks out downwards then it is possible that a correction will occur, but if it experiences an upward breakout then it is possible that eth will be able to form a new ath, therefore for traders still have to place a stop loss, because we have to take risks and have to be disciplined, in contrast to the holder who I think there is no problem to keep holding it

It is a very very weird situation we are in right now. It could literally go under 3k or go over 4k and both of them are nearly equally probable right now. I do not understand why people are so shocked at this fact, people act as if that is normal and like "yeah up or down what a shock" but the reality is that breaking out big is not something that happens too frequently, when was the last time ethereum was under 3k and when was it over 4k?

It has been between these prices for a while now, and under 2k? That hasn't happened in a long time as well, so having a break out situation happening sometime soon where price is either 4k+ or under 2.5k or something like that, is a big deal and it is not just about up or down it is about huge up or huge down. We really need to be careful like you said, it is going to be a tough challenge but I think we can do it.

[lixer]

Ethereum has a bright future ahead of it in 2021. With ongoing developments happening within the ETH ecosystem and the overall crypto market, we may see ETH reach new heights.

Depends on the future of the mining a bit as well. Do you really think that when 2.0 becomes a reality people will keep on using it this much? I mean even with such hashrates it is getting so slow and expensive, staking would never be able to afford to keep it under these levels and that means a lot higher gas fee (while saving the planet a bit so I like it) and people move to other things.

We need to figure out a way to talk to developers, it has been "building it" for like how many years, and there is always this postponing thing that makes it unsure, it could be early 2022, it could be late 2023 and we will never know until those days are hit and we either see it or not. I hope that ethereum skyrockets soon, I love it, but I can't really say anything because it is a bit wacky right now and I do not see it being more certain and direct neither.

[darkangelosme]

I don't think so dude that is so very high but not impossible, it is very hard for Ethereum to reach that amount because i think Ethereum is relying on Bitcoin price also, and as of this moment August 30, 2021, 01:14:44 PM forum time Ethereum is at 3,167.42 United States Dollar and we are entering the last quarter of the year and it is to far for Ethereum to reach 5,000 usd. Well that is my opinion only and do we have our own expectations.

[blue_nexus15]

Ethereum can reach this position only if bitcoin gains consensus from support and impact at potentially higher levels. With over 100k ETH burned after the ETH 2.0 hardfork, the long-term potential to reach the target of 5k$ is very easy. But momentum is needed for bitcoin to go up to $60k and now the signal will be patience and the potential for bulls to take a big turn.

[SaShiRaJaVu]

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Please correct me buddy, maybe you want to say 65,000 USD instead of 6,500 USD because that's a price that won't make sense anymore for Bitcoin, because that's the price where Bitcoin was just discovered and hasn't developed yet, please be more careful in writing buddy.

The five figure benchmark is reserved only for Bitcoin, i cannot understand the terms you are using here. Bitcoin was discovered and has not developed yet, i am not sure what you are trying to convey here. I guess that you are talking about the all time high valuation and the way in which it is taking a long time to breach that valuation once again. If that is the case you need to wait for a much longer period and you need to be patient.

When it comes to Ethereum, right now it is trading well above its use case as the transaction charges are really high and it will take months before the situation settles down and that to if the upgrade goes well. Only time will tell what happens to the ETH market, in the short term you could profit but what happens if these migration will not change anything and new bugs keeps on rising  .

[bhooscream]

With over 100k ETH burned after the ETH 2.0 hardfork, the long-term potential to reach the target of 5k$ is very easy. But momentum is needed for bitcoin to go up to $60k

I agree with the reasons. Vitalik has burned over 100k Ethereum and ETH 2.0 makes more hype in Ethereum. This is a big sign that Etheruem price to increase to $5k sooner or later. Now, it is only about time to see Ethereum price reaches $5k. It will be faster if Bitcoin price can pass $60k in the near future. With the effect of Bitcoin price improvement, all altcoin price will increase as well, including Etheruem price. At that time, there is a chance of Ethereum price to be $5k.

[Al Qiyamah]

Of course, 2021 will be a brilliant year for Ethereum, because at the beginning of the year there was an increase of 1000% ( $1,400) . And 8 months later, Ethereum is around $3,500 (now). Price speculation continues at this time, but my prediction is that Ethereum will reach $5,000 in early 2022.

[onecall123]

Of course, 2021 will be a brilliant year for Ethereum, because at the beginning of the year there was an increase of 1000% ( $1,400) . And 8 months later, Ethereum is around $3,500 (now). Price speculation continues at this time, but my prediction is that Ethereum will reach $5,000 in early 2022.

Now is the time to make a decision on $ETH. I'm still bullish for a push up to $3600 or $3800. Therefore, $3000 is support and we don't want to close below that.

It is human nature to complain. They used to ask why it wasn't pumping, but they'll ask the same thing again when it pumps. It is a never-ending circle. Despite the red market ETH turning green, the result is still impressive.

[globalpain]

Ethereum still has a big chance of going up even if it will reach new ATH, we need time to wait for any chart movements that are taking place and ethereum has also been going on for a lot of fast big increases

I'm sure of that and if Ethereum really goes up that would be great and very interesting of course,
for now we just follow the developments on Ethereum,
whether it will happen in the near future or not I think this will be a good discussion for sure

[SquallLeonhart]

Ethereum has a bright future ahead of it in 2021. With ongoing developments happening within the ETH ecosystem and the overall crypto market, we may see ETH reach new heights.

Etherum looks a bit more like it is stuck isn't it? I mean we are looking it at right now and I have to say it is a bit stuck. I have seen it at 3.2k levels for months now, sure there were times it went up and down a little but not too much so it looks like it is stuck for sure.

Hopefully we can see it go up soon, 4k+ would be amazing, I feel like 5k+ is not in the books just yet, it will be of course, even 10k+ will happen, but I do not think that we are ready for that just yet. What we need right now is a huge hype on something, axie was a good thing that helped but I think we need something bigger, that way we could have people spending ETH like crazy. Plus the gas fee was dropping so low and it was great, it is sad that now it is growing bigger again, if we could drop the gas fee somehow then we could definitely see ethereum go up a lot as well because with cheap gas fee, people would use eth a lot more since they could afford it easier.

[Emitdama]

Of course, 2021 will be a brilliant year for Ethereum, because at the beginning of the year there was an increase of 1000% ( $1,400) . And 8 months later, Ethereum is around $3,500 (now). Price speculation continues at this time, but my prediction is that Ethereum will reach $5,000 in early 2022.

Now is the time to make a decision on $ETH. I'm still bullish for a push up to $3600 or $3800. Therefore, $3000 is support and we don't want to close below that.

It is human nature to complain. They used to ask why it wasn't pumping, but they'll ask the same thing again when it pumps. It is a never-ending circle. Despite the red market ETH turning green, the result is still impressive.

Things are not looking so great for Bitcoin with how it is 47k again and all that. However looking at ethereum it is up today, while most other things are down, ethereum is up and that proves your point. I personally believe that we could totally see ethereum at 4k soon, even above that 3.6k to 3.8k levels but I agree that is the thing that we should reach for now, if we can reach those prices then we could break over 4k once again.

3k is not really a full support, price did drop under 3k not too long ago and went back up, there is one at around 2680 or so, basically somewhere between 2.6k to 2.7k and that could be one, but not 3k, which is why  I am fine with 2.9k for example if it is a daily move but a crash would scare me of course. These days it is not about what the price of any coin drops to, it is about how fast, if something crashes that's bad, if you go down 10% in a single hour that's bad, but if you do that in 3 days? I don't think that's too bad.

[Vaculin]

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Conclusion
Ethereum has a bright future ahead of it in 2021. With ongoing developments happening within the ETH ecosystem and the overall crypto market, we may see ETH reach new heights.

We can't simply ignore such a possibility as we all know that ETH is one of the potentials and leading altcoins. As long as the Ethereum will sustain and provide a good product to its investors and traders, that absolutely it retains their trust and helps to encourage others to invest in ETH.
We can see the growing demand for ETH in the market, it was not just enough to push to move fast high but with that continuous improvement as it was shown, $5,000 is really reachable. We never knew when but probably it will come, maybe in the next Bullrun.

[tabas]

Of course, 2021 will be a brilliant year for Ethereum, because at the beginning of the year there was an increase of 1000% ( $1,400) . And 8 months later, Ethereum is around $3,500 (now). Price speculation continues at this time, but my prediction is that Ethereum will reach $5,000 in early 2022.

As price increases, the fee also won't stop from being so high. I think this will continue by the end of the year so those who mostly transact in erc20 tokens and ethereum don't like what's happening.
But we holders of ethereum, it's just that we're watching it and waiting for a higher price.