Do we see 5k Eth price by end of the month

[YinShuiSiYuan]

ETH is still in a long term uptrend.

I think that it is a matter of time before we do see a sharp rebound in price given how well other alts who have much less adoption have done.

However, it is futile to try to predict exactly when this is going to happen. It could happen today, tomorrow, or in 4 years time. TA is not going to serve you any purpose here.

At the moment, as you wrote, Ethereum is still in the up trend, but I don't know if that will change in a moment. I think a lot depends on how the fork is going to be successful, which should be at the beginning of next year. If all goes well, $6,000 will be easily achieved. However, if problems do arise, for sure a lot of people will lose trust in Ethereum and transfer their funds to BNB and ADA.

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[Vaskiy]

Mostly the growth pattern of bitcoin is followed by ethereum. Rarely growth of bitcoin gets interrupted, but ethereum continues its bullish move. So, if there is strong support for bitcoin to be bullish and make new ATH, surely ethereum will also cross $5000 and make new ATH. There are people who are very strong believers of bitcoin to reach $100k this year, so if that happens ethereum will have promised $5k.

[Sayeds56]

what do you think by the sudden move of the Ethereum price not even determining the gas price so high



all day high $3,836.87 and the low $3,540

Do we see 5k Eth price by end of the week or month?

5K price of Ethereum is certainly possible by the end of 2021. I expect that Bitcoin will close 2021 with price of around 80K and if it happens then we will see Ethereum beyond 6K and its worth is much more because it it is one of the Top crypto currency with strong use case and massively used for creating new projects in all sector of crypto  space and its new version 2.0 will be launched soon which will fix many issue of its network including scaling.

[BaeSuzy]

5k is very possible for the end of this year but i don't think the price can go higher than that. The reason why i saying like that because i think ethereum need to solve the "GAS FEE" problem. Over a million Ethereum tokens have been burned since the big upgrade, but transaction costs are still a pain.

[bitterguy28]

what do you think by the sudden move of the Ethereum price not even determining the gas price so high



all day high $3,836.87 and the low $3,540

Do we see 5k Eth price by end of the week or month?

We are now in November and near December so the question is already expired so i think this thread needs to be locked  mate.

No Ethereum did not manage to take that 5k price even up to now

https://coinmarketcap.com/currencies/ethereum/

the highest price reached is 4,859 and that is 141$ short .

[leea-1334]

For me, what I am looking forward is the reduction of gas fees under eth network. When are we going to finally see cheaper fees? Because with this bottleneck, many new networks are addressing this long running problem of eth, and they are now doing good in terms of adoption like BSC, SOL or DOT. Though we know ETH dev team is working but it has been so long that we are requesting the reduction of these gas fees. So this 5k is very possible to happen, maybe when eth team decide to finally resolve this gas fee problem.

This can only happen in 2 ways.

One, the network scales, which is slowly happening already, and 2.0 will clear that. That is just all about a waiting game.

Two, the network loses popularity and users,,, which is not happening despite some moving to BSC and others, they never abandon Ethereum as it still has the best projects (NFT or Defi even).

In other words, we have nothing to do but be patient

[ice18]

what do you think by the sudden move of the Ethereum price not even determining the gas price so high

snip

all day high $3,836.87 and the low $3,540

Do we see 5k Eth price by end of the week or month?

We are now in November and near December so the question is already expired so i think this thread needs to be locked  mate.

No Ethereum did not manage to take that 5k price even up to now

Or he needs to change the question to end of year, right? EOY is fast approaching and in a month of December by history is always bullish most likely in bull season, so be prepared for this one to explode in the coming weeks. I don't think $5k is hard to achieve this year, breaking this level is a good indication for an upward trend.     

[btc78]

Or he needs to change the question to end of year, right?

This is much reasonable to ask , because the Month of posting has ended yet Ethereum does not make the hype to 5k.

so yes changing the title and the topic to Year End is more practical i guess because there are expected pump before this year comes to end.

EOY is fast approaching and in a month of December by history is always bullish most likely in bull season, so be prepared for this one to explode in the coming weeks. I don't think $5k is hard to achieve this year, breaking this level is a good indication for an upward trend.     

Tomorrow is the start of December and we will just let it see the climb , so best to look for the 2021 year ender than the monthly in which not practical at all.

[Golftech]

For me, what I am looking forward is the reduction of gas fees under eth network. When are we going to finally see cheaper fees? Because with this bottleneck, many new networks are addressing this long running problem of eth, and they are now doing good in terms of adoption like BSC, SOL or DOT. Though we know ETH dev team is working but it has been so long that we are requesting the reduction of these gas fees. So this 5k is very possible to happen, maybe when eth team decide to finally resolve this gas fee problem.

This can only happen in 2 ways.

One, the network scales, which is slowly happening already, and 2.0 will clear that. That is just all about a waiting game.

Two, the network loses popularity and users,,, which is not happening despite some moving to BSC and others, they never abandon Ethereum as it still has the best projects (NFT or Defi even).

In other words, we have nothing to do but be patient

The last remarks that you said, long-term investors know that they are just continuing to being patient.

They understand that everything will be taken care; they wait before and they will continue to deal with that.

You need to remember before investing you need to have a good faith in those projects that you will going

to buy and hold. $5K is almost there, one more strong bull and it will happen.

[maydna]

ETH almost hit $5k at this end of the month, but it could still rise in the next month because ETH has much time to increase step by step. I wonder what price ETH will be at the end of the year, but I hope that could pass $5k and even higher. Hopefully, that will not just happen to ETH, but it also happens to bitcoin, increasing and hitting more than $70k. You better prepare your ETH and set your target price to sell.

[Amejoaquim]

Of course it will there’s a lot of factors that can push eth over the 5K mark, such as burning, proof of stake, etc. If isn't happen then we will see that price in early 2022.  But it will get there, slow steady rise is fine with me.

[bounceback]

Currently the price of ETH is at $4.7k, so that makes me very sure if the upward trend in bitcoin prices will continue then we will also see the price of ETH touch the price of $5k this month, there is no doubt about ETH because ethereum is a coin that has strong fundamentals and also has a very large trading volume in the market after bitcoin.

[Cryptomechanic]

I dont know about the end of the month, but the end of the year it will be epic.

[Semar Mesem]

I'm optimistic that the price of $ 5k will soon reach ETH, this year ETH's performance is very convincing, when many coins dropped after the April - May session, ETH proved to be the fastest skyrocketing, this is a sign that one day ETH will soon beat bitcoin, it just takes 20% increase from current position to be ranked #1 for the first time.

[bakasabo]

I agree that it looks like Ethereum aim to achieve ATH by the end of 2021. With current unstability on the market and bouncing price of every cryptocurrency, its not likely that $5k can be reached. The only hope is that December historically was a good month for cryptocurrency and it has just started. Lets wait for the middle of December and see if it copies December 2020, as this and last year November were rather identical.

I've heard that Ethereum plans to reduce transaction fees (again, another attempt...). If there would be at least slight achievement in this direction, I think we would be very much close to $5k.