Ethereum (ETH) on Its Way to $2,100, Top Trader Says !

[batang_bitcoin]

No doubt that it can increase. The merge is done and if there will be future updates, it's going to be more interesting now that ETH has now a limited supply.
It's seen that ETH is becoming now more deflationary but on the other hand, it's now also more centralized. Unlike before, it was semi-centralized. Now, it has fully become centralized.

Yes, since the merge is complete already and there is no increased at least to $2k, so I guess the predictions are very wrong. But you can't blame those speculators as this is really a big news for Ethereum and it's investors.

I'll give it time for those predictions, it's still too early to say that they're wrong but it could really possibly wrong but as said, let's give it time to flourish.

Maybe it was just the timing, and then we have the CPI that really took a big toll on the market recently that stop our momentum. If there is no negative news, I think that Ethereum can easily top $2k because of this news. So what we hope is that this merge or improvement will really have a big effect price wise in the long run.

Billions were wipe out in all the markets and I agree to you if there was no bad news, we might see ETH flying now and at the same time bitcoin is too.

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[john1010]

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

Part of my mind says no, it is not possible for this short period of time, my logic is: When Ethereum is under POW it will not help the price to climb, of course, many of the miners need to sell their minted eth for some reason like paying the electric bill and maintenance of the mining machine, so they need to dump it, But today, the merge already happen, many of ETH holder and definitely most of them are not a miner but whales who bought Ethereum from miner are very happy because, with no brainer and high-cost maintenance, they will earn eth by holding it via staking, so what will happen? IT WILL BECOME EASY FOR THEM TO SELL ETH ON THE DAILY BASIS, because from staking they will earn it easily.

[Sayeds56]

Well I would have to agree with Mr Scott Redler since I really believe price of ETH will break 2,000 when the merge happens.

My biggest missed opportunities for investing in Crypto was when my friend recommended buying Ethereum when it was less then $100 so I do not sell any of them now and look forward to this merge.

It is good news that Ethereum merge was completed successfully yesterday but its price didn't increase as many market participants had expected which is very disappointing. Ether is down more than 9% which reflects market didn't celebrate seamless merger of Ethereum. In the long-term conversion to proof of stake will have good impact on its price because it is anti-inflationary but due to overall weak economic conditions all financial markets are not performing & so is crypto.

[Kelvinid]

Well I would have to agree with Mr Scott Redler since I really believe price of ETH will break 2,000 when the merge happens.

My biggest missed opportunities for investing in Crypto was when my friend recommended buying Ethereum when it was less then $100 so I do not sell any of them now and look forward to this merge.

It is good news that Ethereum merge was completed successfully yesterday but its price didn't increase as many market participants had expected which is very disappointing. Ether is down more than 9% which reflects market didn't celebrate seamless merger of Ethereum. In the long-term conversion to proof of stake will have good impact on its price because it is anti-inflationary but due to overall weak economic conditions all financial markets are not performing & so is crypto.

Well, the impact of the merge is not really good as it only generates some rumors for more drops, in fact, that is why we have seen it right now. I'm not seeing this will coincide with the dumping situation of Bitcoin as well but I wasn't really happy with what happened with the ETH price after the merge.
However, we can't neglect the chance that after this drop could be a spike in its price, nobody knows, and might give the possibility that these experts are right with their speculations.

[doomloop]

When Ethereum reaches ATH, the Ethereum price has a chance to go up, the price is $2.1k I think -50% of ATH, but the current situation can increase the price, where the Ethereum Merge is taking place and the next announcement of sharding is a new history for this achievement, currently the market is more dominant towards Bitcoin, Altcoins will definitely follow and we just have to wait a little bit

No doubt that it can increase. The merge is done and if there will be future updates, it's going to be more interesting now that ETH has now a limited supply.
It's seen that ETH is becoming now more deflationary but on the other hand, it's now also more centralized. Unlike before, it was semi-centralized. Now, it has fully become centralized.

Ah so that is one of the effects of the merge? Where eth supply is now going to be known. If it's possible for it to pump before when its supply is unknown or unlimited, then how much more when it can become scarcer over time? 2.1k is going to be a piece of cake for eth and we can't even consider it as an increase but it's only just a normal recovery.

Eth is already known as a centralized coin so even though the merge can it more centralized, it won't really be that shocking. We still have many decentralized coin out there and one of it of course is bitcoin.  Eth can only be good as an alternative if we want to experience the different functions of a crypto or blockchain technology.

[Marvell1]

Well I would have to agree with Mr Scott Redler since I really believe price of ETH will break 2,000 when the merge happens.

My biggest missed opportunities for investing in Crypto was when my friend recommended buying Ethereum when it was less then $100 so I do not sell any of them now and look forward to this merge.

It is good news that Ethereum merge was completed successfully yesterday but its price didn't increase as many market participants had expected which is very disappointing. Ether is down more than 9% which reflects market didn't celebrate seamless merger of Ethereum. In the long-term conversion to proof of stake will have good impact on its price because it is anti-inflationary but due to overall weak economic conditions all financial markets are not performing & so is crypto.

Well, the impact of the merge is not really good as it only generates some rumors for more drops, in fact, that is why we have seen it right now. I'm not seeing this will coincide with the dumping situation of Bitcoin as well but I wasn't really happy with what happened with the ETH price after the merge.
However, we can't neglect the chance that after this drop could be a spike in its price, nobody knows, and might give the possibility that these experts are right with their speculations.

A lot of people were not happy with the ETH merger, simply because it didn't go up in price as one would expect for people to take profits. But we should know that the market is unpredictable, if everything is so predictable no one will lose in the market.
Sometimes people want it to happen then the market will do the opposite, this is how the market and the shark work.

But if we look at long term, future of ETH, a successful merger has created a new history for ETH, we will see ETH perform better in coming days. This is very good in the long run for ETH. Maybe the market will let us down and dump ETH after it doesn't go as expected, then the market will suddenly bounce, who knows?

[Ureung jameun]

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

yes I really believe if the price of ethereum will rise again because ethereum is one of the platforms that are in great demand by cryptocurency users and also favored by traders. and ethereum always innovate and develop with many things. so it's very possible that ethereum will go up to $2100 and maybe even higher than that prices.

[batang_bitcoin]

No doubt that it can increase. The merge is done and if there will be future updates, it's going to be more interesting now that ETH has now a limited supply.
It's seen that ETH is becoming now more deflationary but on the other hand, it's now also more centralized. Unlike before, it was semi-centralized. Now, it has fully become centralized.

Ah so that is one of the effects of the merge? Where eth supply is now going to be known. If it's possible for it to pump before when its supply is unknown or unlimited, then how much more when it can become scarcer over time? 2.1k is going to be a piece of cake for eth and we can't even consider it as an increase but it's only just a normal recovery.

Eth is already known as a centralized coin so even though the merge can it more centralized, it won't really be that shocking. We still have many decentralized coin out there and one of it of course is bitcoin.  Eth can only be good as an alternative if we want to experience the different functions of a crypto or blockchain technology.

There's the update before that makes a part of the transaction fee to be burned. And with the merge, having the supply known, it's really possible that in the future it will become more scarce.
But, only those whales really are the ones benefiting on this one while the small holders will rely on them and has to wait until things are better as the market reliant to bitcoin. It's not shocking for those who already knew it, but that's what it is right now.

[cheezcarls]

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

Predictions are predictions. There are no promises or guarantees on that mate. Even if he is skilled enough in doing technical analysis stuff, it’s just that the market is always the master of everything.

Without warning, any crypto who is subject to market volatility can go up or down in any second or so. Road to $2,100 for ETH? I’m not saying that it’s impossible as of this time of writing, but we just simply do not know when it would exactly gonna happen.

[ChiNgadOr]

Well I would have to agree with Mr Scott Redler since I really believe price of ETH will break 2,000 when the merge happens.

My biggest missed opportunities for investing in Crypto was when my friend recommended buying Ethereum when it was less then $100 so I do not sell any of them now and look forward to this merge.

It is good news that Ethereum merge was completed successfully yesterday but its price didn't increase as many market participants had expected which is very disappointing. Ether is down more than 9% which reflects market didn't celebrate seamless merger of Ethereum. In the long-term conversion to proof of stake will have good impact on its price because it is anti-inflationary but due to overall weak economic conditions all financial markets are not performing & so is crypto.

Sometimes the market does not always go the way we think so we should not be surprised about the outcome of the merge although I already know that Ethereum is not going to go that bullish the way many speculation have said because of  so many reasons. We all know that Bitcoin controls the market and if we all use our funds to buy more Ethereum holdings abandoning Bitcoin, then the bull we are looking for might not come to us because of Bitcoin may be having reduced liquidity to push the market bull. I noticed after the merge the entire crypto market keeps falling indefinitely.

[Jating]

It's been over a month since I opened the thread, but ethereum has gone even lower. I don't think ethereum will recover in a few more months. That's why we need to be patient.

And the effect is already price-in mate, sorry that the prediction didn't hit, but that's why it is called prediction. No one really knows what is going to happen in the future, we are all banking that because of the merging, ETH will have at least get to a good position, around $2k.

But market reacted the opposite, there are more sellers, because they are afraid that because of the CPI the market will continue to bleed. I guess the next leg up will be in the bull run, so yeah, patience is the key here.

[tygeade]

It is good news that Ethereum merge was completed successfully yesterday but its price didn't increase as many market participants had expected which is very disappointing. Ether is down more than 9% which reflects market didn't celebrate seamless merger of Ethereum. In the long-term conversion to proof of stake will have good impact on its price because it is anti-inflationary but due to overall weak economic conditions all financial markets are not performing & so is crypto.

I would guess that the best thing to do would be waiting a bit longer, the price may have gone up already calculating the merge and then when it happened people who bought because of it would end up selling, and the increase that happened before the merge could be attributed to it.

On the other hand, we are talking about a long term solution to ethereum, so why have a short term price increase, I believe that the increase in ethereum price (and in return all crypto) will happen in the long run and that is why we need to wait a little longer. When people see the great benefits of being in proof of stake, they will end up buying more and more, increasing the price to new heights.

[gunhell16]

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

That's why the truth here in cryptocurrency is that rich people (Whale Investors) or those who have a lot of money will buy crypto assets that they are sure to have the potential to give a big return on the capital amounts that will be allocated for altcoins.

Therefore, in our time it is good to accumulate altcoins that we know will give us good savings in the future such as Bitcoin, Bnb, Eth, Matic, Sol, Ada, Xrp, Trx, and others that are included in the top 50 altcoins on the market.

That's why with the value of Ethereum today, it's possible for that to happen, we just don't know when it will kick in at the price you mentioned dude.

[Cryptornd]

yes I saw each people has different kind of ideas about Ethereum these days. all of these because of the merge i think. most of  people expected a huge price movement of Ethereum as soon as merge completed. but there was not such pump to see. I think this correction will hold further for  few weeks . Ethereum will go to $2100  for sure everyone know it. but I don't expect so soon.

[Abiky]

Yes, since the merge is complete already and there is no increased at least to $2k, so I guess the predictions are very wrong. But you can't blame those speculators as this is really a big news for Ethereum and it's investors.

Maybe it was just the timing, and then we have the CPI that really took a big toll on the market recently that stop our momentum. If there is no negative news, I think that Ethereum can easily top $2k because of this news. So what we hope is that this merge or improvement will really have a big effect price wise in the long run.

The Merge was rolled out successfully on the ETH blockchain, yet the coin's price has been unaffected. I guess that's because the market is still bearish. With only a few months away before 2022 ends, I don't think ETH will reach $2.1k anytime soon. Fret not, since ETH's PoS upgrade (The Merge) has made it a completely deflationary cryptocurrency. This means that at some point in time, ETH will become extremely valuable just like Bitcoin. We just need to give it some time to mature for it to explode like crazy. Instead of complaining of ETH's low prices, we should take this opportunity to grow our stack of coins to sell them once the bull market makes a comeback. Ultimately, ETH is all about utility (not the price). As long as it works as intended, nothing else matters. Just my thoughts

[sayaya17]

Well I would have to agree with Mr Scott Redler since I really believe price of ETH will break 2,000 when the merge happens.

My biggest missed opportunities for investing in Crypto was when my friend recommended buying Ethereum when it was less then $100 so I do not sell any of them now and look forward to this merge.

It is good news that Ethereum merge was completed successfully yesterday but its price didn't increase as many market participants had expected which is very disappointing. Ether is down more than 9% which reflects market didn't celebrate seamless merger of Ethereum. In the long-term conversion to proof of stake will have good impact on its price because it is anti-inflationary but due to overall weak economic conditions all financial markets are not performing & so is crypto.

Sometimes the market does not always go the way we think so we should not be surprised about the outcome of the merge although I already know that Ethereum is not going to go that bullish the way many speculation have said because of  so many reasons. We all know that Bitcoin controls the market and if we all use our funds to buy more Ethereum holdings abandoning Bitcoin, then the bull we are looking for might not come to us because of Bitcoin may be having reduced liquidity to push the market bull. I noticed after the merge the entire crypto market keeps falling indefinitely.

Because we all know that the crypto market is very difficult to predict, so sometimes the movement of Ethereum will not always move according
to our wishes. Many expect that after the Ethereum merge is complete, the price of Ethereum will increase, it turns out that the price of Ethereum
did not experience a significant increase. Because we have to understand we are still in a bearish trend, so it affects the movement of Ethereum.
But I believe that Ethereum will eventually go up, we just need to be more patient holding Ethereum, because just like Bitcoin, Ethereum is
also very good for long term investment. So don't expect Ethereum to reach $2100 this year, because Ethereum will probably have a hard time
rising to $2100 this year in a bear market situation. Hopefully entering the year 2023 the Bitcoin price will recover, because if the price of
Bitcoin recovers, usually Ethereum will also recover. So for now we just focus on holding Ethereum that we have.

[yohananaomi]

yes I saw each people has different kind of ideas about Ethereum these days. all of these because of the merge i think. most of  people expected a huge price movement of Ethereum as soon as merge completed. but there was not such pump to see. I think this correction will hold further for  few weeks . Ethereum will go to $2100  for sure everyone know it. but I don't expect so soon.

Everyone will also be very confident that Ethereum will be able to reach a value of $2,100, but when? It's clear as you said, friend, that it won't happen in a short time, it won't even happen this year, because a prolonged correction will continue to occur, maybe it will be until the wait for the halving passes later.
The current situation has made all analysts unable to predict accurately, but this is a natural thing because the bear market seems to be sticking around and whether the bull market will come soon, only hope is left.

[theskillzdatklls]

I'm guessing this top trader got liquidated. GG rekt.