Ethereum is going to reach $5k soon?

[sujonali1819]

Eth is making new ATH, after making a good correction like Bitcoin Eth is now moving to make new ATH. So what you are expecting about ETH ? Can it touch 5k USD this during upcoming week?

I am very excited to see eth is trading around 5k USD. For why I am asking your opinion about it.

[bitcampaign]

i still hold quite a bit of my ETH in some wallets, i cant sell it even make a transaction due to very expensive gas fees, so i will keep it for the next 10 years who knows it could hit the same $100k price as bitcoin's current goal, but will $5000 will make it look better? let's push it, I'm just a little happy to see it

[kanayaTabitha]

Very optimistic to touch 5k because it's alt season starting and it started from biggest altcoin first which is ETH.
ETH has become my main coins when i got profits investing to new projects or get bounty / airdrop rewards, always allocate all of my profits for ETH and holds.
Transaction volume (24h) is already more than a half bitcoin volume, which everyone's eyes are on ETH right now. Hope it will create a higher all time high

[blockman]

I'm also excited to see it go break another ATH but to think about it breaking again for this upcoming week, I don't want to be quick with that. I'm not expecting it to get on another ATH just after it has broken a new ATH this week. But just as usual, the market is full of volatilities and it can happen by next week and there's the chance. Let's give that idea that there's a chance but we don't want to be sure that it will because nobody knows if it will.

[dragonvslinux]

Looks that way. In the longer-term considering the macro pattern of a cup & handle, it could be a lot higher towards $7K roughly based on $$$$ increase.

I'm less convinced about the ETH/BTC chart however, it's had a solid recovery in recent days, but the pattern of ETHUSD making a new ATH, and continuing upwards, while losing it's Bitcoin value is all too familiar to me. This happened when breaking $1400, after returning there while moving from 0.04 to 0.03 BTC, as well as breaking above $400 in 2017, it was a little later ETHBTC made a new local low.

Given Ethereum to Bitcoin isn't quite fully bullish in the mid-term with downwards sloping 50 Day MA (even if price got back above it with relative ease), I'm still anticipating a re-test of the 50 Week MA or even previous resistance level of 0.04. That while very likely continuing to move up against the dollar, or at least consoliIt dating at these higher price levels.

ETHUSD moving into price discovery always reminds me how it's far from genuine when there is still resistance on the ETHBTC chart.

[Oceat]

I think if Bitcoin break the $70k resistance or proceed to push through $100k then Ethereum will probably follow and break a new ATH like $5k or more. This might be the year I've seen a good pump both Bitcoin and most altcoins although fud may just around the corner but let's just take advantage already of this pump before it's too late.

Both Bitcoin and Ethereum are doing well this year and we still got two months left before the end of the year. Lots of speculation might rise up next year whether Bitcoin gets back to $30k or below to that after the correction. We still don't know yet what would be the support level if there's a massive correction or a FUD but I think it won't go down below to $20k.

[Raflesia]

Obviously this is something extraordinary ETH will hit a new ATH again and everyone should expect ETH to trade at $5k in the next month, and if the bulls continue then in the near future ETH will continue to rise and we can see how it moves and corrects very balanced.
But the burden is to send tokens and swap on DEX with the ETH network of course this will cost a lot, the higher the price of ETH the more expensive the gas, I will also send some tokens and now it's delayed due to too high gas.

[harizen]

Same as before, no one knows. On the bright side, reaching $5,000 is a realistic price target and there's no way ETH won't reach that. However, the question is when. Since we are all speculating here, we have different views on "when it should happen".

For convenience, let's just create our own analysis and follow what we believe will happen.

[BitcoinGirl.Club]

Eth is making new ATH, after making a good correction like Bitcoin Eth is now moving to make new ATH. So what you are expecting about ETH ? Can it touch 5k USD this during upcoming week?

In the old days when BTC used to be under $1k and others were not even $10 but now look at the huge market for crypto. I used to have a good amount of ETH in the past and never thought we would see this price. 🤣
It's easy for ETH to reach $10k very soon. We are looking at $100K for BTC anyway.

[Review Master]

So far, ethereum already pumped back to new ATH of $4,467.57 according to coingecko which was even less than $400 back in November 2020. It's already pumped so much from that point and more bullish rally will be happened in the upcoming months as market's so much bullish. It won't take that much time to break the milestone of $5k as it could even hit $10k or more if bitcoin continues the current rally to $100k in the upcoming months. 

[Ararbermas]

If we will gonna use a large time frame we will see that it has a chance to reach that value. But remember it's for long term only wherein it's impossible to happen for shorting, unless if alts season will occur since bitcoin is  done and now seeking for strong support.. Indeed ethereum now seems showing ups wherien very different what bitcoin performing now in the market. So let's just hope ethereum will obtain more attention on this situation in order for it to reach that value or to break new all time high before this year ends.

[Joca97]

Eth is making new ATH, after making a good correction like Bitcoin Eth is now moving to make new ATH. So what you are expecting about ETH ? Can it touch 5k USD this during upcoming week?

I am very excited to see eth is trading around 5k USD. For why I am asking your opinion about it.

Ethereum is looking currently really good and i think by the end of Novemeber we can see it between 5000-6000$ . This coin will probobly by the end of the year be around 6k $ for sure and everything looks good for it. I think it will be still hard to see it hit 5k in the next 10 days but its really close to it

[Johnyz]

This is the next goal for ETH and if the bull trend continues there’s a high possibility that we can reach that price. For now, it will enter into a small pullback after reaching its new ATH but the chart really says that it can go pump for more and hopefully to see that this Month of November, its really bullish if you just look at the chart movements, buying now can still make profit for you.

[haidil]

Since Eth has broken through the resistance line and then created a new ATH, it is very likely that Rally will continue to run for the next few weeks. A close year full of a lot of potential is also encouraged for altcoins to follow. Especially for Ethereum some time ago it was quite aggressive. I don't know what caused the new ATH, the bullish trend is going on. I hope altcoins with the Eth network will also follow suit.

[Doell]

within a month maybe early december ethereum can supposedly reach 5K but nothing is certain either because the market is volatile so hot ,second possibility may and september done bring up the support level and now is already at 4K which can be ascertained no later than the beginning of the new year towards 5K up to 6K

[adaseb]

Yes it broke the ATH yesterday and now it’s trading below it. Not a good sign. Most likely on the weekly it’ll close also under the ATH and it’s generally a bearish sign. Since the old ATH is considered a major resistance area.

So I think most people are going to give it a few days or a week or two but if it doesn’t break the ATH and head to $5k a lot of people will look to dump their positions because they don’t want to experience what they experienced in 2018 where it lost 90% of its value very quickly.

[peter0425]

Eth is making new ATH, after making a good correction like Bitcoin Eth is now moving to make new ATH. So what you are expecting about ETH ? Can it touch 5k USD this during upcoming week?

I am very excited to see eth is trading around 5k USD. For why I am asking your opinion about it.

This is what i also see recently as Ethereum make its new ATH and still staying in 4+ price now https://coinmarketcap.com/currencies/ethereum/
there are many indicator now that Ethereum is passing that 5k value before this year ends.
2021 is not only a Bitcoin year but altcoins as well so Yes ETH is getting that very Soon so keep your holding or be sorry in the near future.

[indah rezqi]

The current movement of Ethereum is quite good because Ethereum is following Bitcoin's good trend. But in the coming week it will not reach the price of $5K in my opinion even though this week the movement of Ethereum is quite good as seen in the chart. However, if the trend continues until the end of the year, then the price of $5K could be achieved by Ethereum.

[blatchcorn]

The current movement of Ethereum is quite good because Ethereum is following Bitcoin's good trend. But in the coming week it will not reach the price of $5K in my opinion even though this week the movement of Ethereum is quite good as seen in the chart. However, if the trend continues until the end of the year, then the price of $5K could be achieved by Ethereum.

Ethereum in current bull run has seen many ATH that are around 4000$, recently Eth setup another ATH of $4,400 before sliding back to current price of 4200$. Ethereum and other top alt coins prices are very much related to BTC. If BTC continuous its upward trend towards 70k then Eth will also surpass 5000$. In summary, it all depends on BTC price.

[JeWay]

The current movement of Ethereum is quite good because Ethereum is following Bitcoin's good trend. But in the coming week it will not reach the price of $5K in my opinion even though this week the movement of Ethereum is quite good as seen in the chart. However, if the trend continues until the end of the year, then the price of $5K could be achieved by Ethereum.

Now Ethereum is still in very good shape after a few days ago it reached its ATH, and this is a very positive thing because a slow increase in Ethereum is always more certain and strong than a memecoin price increase that is so fast but has no power long lasting, now for the price of $5K on Ethereum I don't think it's a hard thing to achieve this year.