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Author Topic: Ethereum (ETH) on Its Way to $2,100, Top Trader Says !  (Read 1149 times)
tokyohd (OP)
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August 11, 2022, 03:05:09 PM
 #1

Scott Redler, chief strategist officer at T3 Trading Group, argues that the price of Ethereum (ETH) is on course to hit the $2,100 level. If Redler is correct, his bullish price target means that the second largest cryptocurrency is on track to spike by another 10%.

The technical analyst is confident that the second largest cryptocurrency may march higher after it recently cleared the $1,792 level. Holding above that pivotal price point could subsequently open the door to the $2,100 level. In addition, Redler believes that Bitcoin is on its way to reclaiming the $26,000 level. Ethereum recently experienced a significant relief rally in the run-up to the highly anticipated Merge event. Goerli, the last of the three testnets, successfully transitioned to proof of stake earlier today, which was the final test before the Ethereum mainnet finally merges with the Beacon Chain in September. Leading cryptocurrencies also benefited from cooler-than-expected inflation data, together with U.S. stock and bond prices.

Read more on U.Today
https://u.today/ethereum-eth-on-its-way-to-2100-top-trader-says

ItsCrafty
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August 11, 2022, 03:34:49 PM
 #2

Long term it an absolute no brainer. Buy anytime right now average down if it drops further and then hold for years to come. Ignore being up 20 percent then having it dip 20. Eventually it will rise to 3k very soon . there will be massive selling in POW and many users will buy at start . I think whale will make big profit here

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August 11, 2022, 03:44:32 PM
 #3

Long term it an absolute no brainer. Buy anytime right now average down if it drops further and then hold for years to come. Ignore being up 20 percent then having it dip 20. Eventually it will rise to 3k very soon . there will be massive selling in POW and many users will buy at start . I think whale will make big profit here

There are two options for us: either we can buy now or we can wait until after the merge has ended to buy. I believe the merge event will create a strong Fomo wave pushing ETH price up and then the sharks will take profits causing eth price to correct and this is the right time to continue buying ETH and holding until the next bull season.

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August 11, 2022, 03:51:42 PM
 #4

As a result of the Ethereum Merge, Ethereum is already at its highest level since June. The price of ETH has since risen to $1,919, indicating that traders are feeling bullish again. We are just around the corner from the Ethereum Merge, and hype will not go away overnight, so it is very likely that Eth may hit $2000 within a few days. My attention is focused on the final merge update scheduled for September 19.
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August 11, 2022, 04:16:40 PM
 #5

when we think  about ethereum's long term journey , $2100 is acctually nothing. with their upcoming merge and further developments in  future will drive ethereum's price even higher like $10k or even higher. anyone who has a brain could understand $2100 is absolutly nothing for ethereum. no need to be a top trader to understand those simple thing. but when we are talking about short term price action it seems like to hit that targrt point soon.

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August 11, 2022, 04:30:39 PM
 #6

After merge on my mind right now, the dump after can be dipper than what we've seen before, I am waiting for BTC to taste the 26-27k range and I will start taking profits then wait for more dips to do some buyback.

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August 11, 2022, 04:50:25 PM
 #7

Scott Redler, chief strategist officer at T3 Trading Group, argues that the price of Ethereum (ETH) is on course to hit the $2,100 level. If Redler is correct, his bullish price target means that the second largest cryptocurrency is on track to spike by another 10%...

Despite the fact that I am not a top trader, I can assume that the price of Ethereum will exceed the level that Scott Redler spoke about. And if this is not a correction, but really the beginning of a bull market, then the Ethereum price should surpass the last ATH.

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August 11, 2022, 05:14:53 PM
 #8

when we think  about ethereum's long term journey , $2100 is acctually nothing. with their upcoming merge and further developments in  future will drive ethereum's price even higher like $10k or even higher. anyone who has a brain could understand $2100 is absolutly nothing for ethereum. no need to be a top trader to understand those simple thing. but when we are talking about short term price action it seems like to hit that targrt point soon.
Top traders or top analyze only speculate and analyze using their techniques, regarding short or medium terms prices they can predict but everything is not always right, we are in a crypto market where prices are often shaken by news and panic. But $2100 is a price that ethereum can hit in the short terms, I believe it because also currently hovering around $1900, after all in the article does't mention for long term.

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Chainsmokers
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August 11, 2022, 05:40:58 PM
 #9

I also agree with the top trader's analysis, because the bullish sentiment for Ethereum is very high,
this indicates that Ethereum can be above $2000 when Ethereum 2.0 is ready to launch,
yes I really can't wait to see ethereum in the future, maybe the ethereum ecosystem will be more and more
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August 11, 2022, 07:02:58 PM
 #10

Following people with crypto predictions is silly.  I mean tons of people can say it's going down some can say it will go up.  Half the crowd will claim they have some sort of talent when in fact they are just throwing nbers against the wall.  I've seen all the time people throw insane TA up and just were completely wrong. 
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August 11, 2022, 07:15:07 PM
 #11

Predicted or not, anyone can see from the tracking platforms like coingecko the performance of eth lately, it has risen %16.6 in the last 7 days which has given a decent profit to investors who bought at $1k+ range. $2100 is very achievable as long the market stays this way.

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August 11, 2022, 10:32:44 PM
 #12

Scott Redler, chief strategist officer at T3 Trading Group, argues that the price of Ethereum (ETH) is on course to hit the $2,100 level. If Redler is correct, his bullish price target means that the second largest cryptocurrency is on track to spike by another 10%...

Despite the fact that I am not a top trader, I can assume that the price of Ethereum will exceed the level that Scott Redler spoke about. And if this is not a correction, but really the beginning of a bull market, then the Ethereum price should surpass the last ATH.
with current news that release , ethereum will be the next thing in layer 1 chain competition. Alot developers team will back to this chain and ofcourse will create new demand to ethereum. If we see market recovery   , i am believe ethereum will be the leader all of this. Since few days ago we see the strengthness of eth as major altcoin and hopefully it could continue.

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August 12, 2022, 03:21:46 AM
 #13

After merge on my mind right now, the dump after can be dipper than what we've seen before, I am waiting for BTC to taste the 26-27k range and I will start taking profits then wait for more dips to do some buyback.
Just when another dip may come but what happens if it will always be going up? you might be surprised after that. It seems like that 24500 has become the strongest resistance for bitcoin even bitcoin broke it yesterday but the support is not strong enough to keep the price above such rate.
A small correction is occurring right now but im sure that if bitcoin can bounce back again even higher. Let's wait and see what's gonna happen with it.

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August 12, 2022, 03:56:42 AM
 #14

Following people with crypto predictions is silly.  I mean tons of people can say it's going down some can say it will go up.  Half the crowd will claim they have some sort of talent when in fact they are just throwing nbers against the wall.  I've seen all the time people throw insane TA up and just were completely wrong. 
I agree with you on this. When we invest according to someone else's opinion without doing our own research and seeing the potential for profit as well as risk, As for ETH, I think it is a good return investment, but, of course, it is not or is not a preferred choice for small investors who want quick profits. Personally, I feel like I bought it early when the price was only about $80, so I think the process of learning and believing in your own decisions is one of the things that brings happiness. Speculation can be very high in this space, so be comfortable with all the information others bring.

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August 12, 2022, 04:21:17 AM
 #15

Scott Redler, chief strategist officer at T3 Trading Group, argues that the price of Ethereum (ETH) is on course to hit the $2,100 level. If Redler is correct, his bullish price target means that the second largest cryptocurrency is on track to spike by another 10%.

The technical analyst is confident that the second largest cryptocurrency may march higher after it recently cleared the $1,792 level. Holding above that pivotal price point could subsequently open the door to the $2,100 level. In addition, Redler believes that Bitcoin is on its way to reclaiming the $26,000 level. Ethereum recently experienced a significant relief rally in the run-up to the highly anticipated Merge event. Goerli, the last of the three testnets, successfully transitioned to proof of stake earlier today, which was the final test before the Ethereum mainnet finally merges with the Beacon Chain in September. Leading cryptocurrencies also benefited from cooler-than-expected inflation data, together with U.S. stock and bond prices.

Read more on U.Today
https://u.today/ethereum-eth-on-its-way-to-2100-top-trader-says

I'm sure that it will even exceed the target of $2,100 because in the near future Ethereum will merge into ETH 2.0.
which we know today is Ethereum with expensive, and limited transactions. the system is still Proof Of Work.
while the forthcoming Ethereum 2.0, is capable of transacting millions of times in seconds, at a low cost.
ETH 2.0 allows many applications to take advantage of the advantages of Ethereum which is very open to many possibilities.
thus more users and investors will enter Ethereum and make it experience a significant price spike.

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August 12, 2022, 05:53:12 AM
 #16

Following people with crypto predictions is silly.  I mean tons of people can say it's going down some can say it will go up.  Half the crowd will claim they have some sort of talent when in fact they are just throwing nbers against the wall.  I've seen all the time people throw insane TA up and just were completely wrong. 

As long as you don't trust those analyzes too much, you can take them as a reference, compare them with your own analysis and then make the highest probability prediction. With what's going on with ETH, I don't think much analysis is needed, it is easy to see that there will be a Fomo wave for this merge and now ETH price is trading at $1.9k and the $200 gap will not be too hard for ETH. But after completing the transition to POS, whether ETH can maintain its upward momentum is a more important question.

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August 12, 2022, 05:58:44 AM
 #17

As a result of the Ethereum Merge, Ethereum is already at its highest level since June. The price of ETH has since risen to $1,919, indicating that traders are feeling bullish again. We are just around the corner from the Ethereum Merge, and hype will not go away overnight, so it is very likely that Eth may hit $2000 within a few days. My attention is focused on the final merge update scheduled for September 19.

Risk takers are willing to go right now since they are speculating for the price to rise by that time and when you are willing to invest, the time is right because it's not yet raising up to the price where it gonna collapse soon but you need to consider not to be exaggerated because this is just mere speculations and anything can possibly happen just before or after the merge whether it gonna rise even more or the price might fall dramatically. That's why it's better not to get hype and stop yourself from getting carried away to invest everything you have.

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August 12, 2022, 07:39:04 AM
 #18

Following the news, and hypes, I predict Ethereum's market will start pumping. Likewise, I agree that it will fall after Ethereum merges. An event where you buy the rumor and sell the news. The Ethereum price will crash hard next month when the 2.0 goes live, much like Cardano last year when it pumped before it launched mainnet and then crashed afterward. All the way through the event, I'll be buying more, but I'll be sure to my return.
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August 12, 2022, 10:14:20 AM
 #19

Scott Redler, chief strategist officer at T3 Trading Group, argues that the price of Ethereum (ETH) is on course to hit the $2,100 level. If Redler is correct, his bullish price target means that the second largest cryptocurrency is on track to spike by another 10%.
If you look at the chart for today's ETH price movement, the highest ETH price for 24 hours is at $1.9k even though it has now decreased slightly to $1.8k after being at that highest level, so I think that with the positive news for the ethereum coin recently made me more confident and totally agree with this prediction that the price of ETH could head to the level of $2.1k in the next few months but if the market doesn't crash again.

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August 12, 2022, 10:51:25 AM
 #20

Scott Redler, chief strategist officer at T3 Trading Group, argues that the price of Ethereum (ETH) is on course to hit the $2,100 level. If Redler is correct, his bullish price target means that the second largest cryptocurrency is on track to spike by another 10%.
If you look at the chart for today's ETH price movement, the highest ETH price for 24 hours is at $1.9k even though it has now decreased slightly to $1.8k after being at that highest level, so I think that with the positive news for the ethereum coin recently made me more confident and totally agree with this prediction that the price of ETH could head to the level of $2.1k in the next few months but if the market doesn't crash again.
Ok, if that is the case then we should want till it goes up again, as it seems that the barrier of $1900 is the biggest that ETH needs to conquer before we can go past $2k-$2,100.

But the merge has been successful in the testnet and come September it will go on the mainnet so this will be big news for them. So I wouldn't be surprised if by in the next couple of weeks $1900 will be reach and then sustained.

R


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