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Author Topic: Is it possible for Ethereum to reach $27k?  (Read 395 times)

Offline Primo1760

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Is it possible for Ethereum to reach $27k?
« on: February 18, 2024, 10:22:27 AM »
I saw a news release today discussing the price of Ethereum. There are forecasts for Ethereum price to reach $27k during the bull market after the Ethereum halving. Although I'm not much of a believer in such predictions as I bought and invested 1 Ethereum, this kind of news excites me a lot. Do you believe such news? Do you think it is possible for Ethereum to reach $27k in the next bull season? I would like to see your response to the discussion here. I am giving the link of the published news here, if you wish you can access it here.

Link: https://crypto.news/pushd-presale-soars-as-ethereum-eyes-27k-and-chainlink-faces-trap/

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Is it possible for Ethereum to reach $27k?
« on: February 18, 2024, 10:22:27 AM »

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Offline dekafee79

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Re: Is it possible for Ethereum to reach $27k?
« Reply #1 on: February 18, 2024, 11:31:26 AM »
Sorry mate, I think I didn't have confidence Ethereum will touch $27K at bullish season.  Current Ethereum price is $2,812.  Bullish season might happen next year.  iF there is prediction Ethereum will touch $ 27K I will predict bitcoin will touch at $ 500K at the bullish.
Because it is ten times the current price.  And  for now I just say It's impossible to happen, but let's see .

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Re: Is it possible for Ethereum to reach $27k?
« Reply #2 on: February 18, 2024, 12:53:32 PM »
Sorry mate, I think I didn't have confidence Ethereum will touch $27K at bullish season.  Current Ethereum price is $2,812.  Bullish season might happen next year.  iF there is prediction Ethereum will touch $ 27K I will predict bitcoin will touch at $ 500K at the bullish.
Because it is ten times the current price.  And  for now I just say It's impossible to happen, but let's see .

I think agree with you mate, $27K is too high, we should have  a prediction that more reasonable, Current ethereum price is $2,800 it's too far to touch $ 27K. In my prediction ethereum will touch $7K at bullish season. I don't under estimate ethereum, but it seems difficult to happen
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Re: Is it possible for Ethereum to reach $27k?
« Reply #3 on: February 18, 2024, 09:50:09 PM »
OP, to feel safe in this crypto space, don't put all hopes or believe whatever price been predicted about a crypto coin because so many of them don't usually come to pass.

Before you think Ethereum getting to $27k during the upcoming bull run, what was its last ATH? What it close $15k or $20k? If it was, that would make us to begin to analyze the possibility of it reaching a new ATH of $27k. But in the case of the last bull run, the ATH of Ethereum was around $6k, thinking of its new ATH to reach $27k is what we can't pinpoint how it is going to come to fulfillment because of its last ATH of $6k.

About Ethereum and its ATH, I am quite to disbelief that Ethereum would witness a new ATH of $27k but a low price of $12k-$15k by next year. However, expect a range price of that amount than been excited of what crypto analyst has published about Ethereum.

Online PX-Z

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Re: Is it possible for Ethereum to reach $27k?
« Reply #4 on: February 18, 2024, 10:32:51 PM »
There are forecasts for Ethereum price to reach $27 during the bull market after the Ethereum halving.
Idk where you get this forecast but in the very first place, in eth, technically, there is no halving will occur. As it transitions to PoS, only burning of eth is the way it decreases its supply against demand, just like halving. Halving occurs only in PoW.

Do you believe such news? Do you think it is possible for Ethereum to reach $27k in the next bull season?
I know it's good to keep your hopes high when you are into something but let's get real, there's no way it will get there. Well, eth is now in bullish form. From October last year, it increased almost half of it just in 4 months, if this continues, 5k is possible in the end of second quarter and 9k in the last quarter of the year. But hoping of 27k, maybe for the next 4 years, but that's just the basic calculations, bad news will probably happen later on.

« Last Edit: February 18, 2024, 10:35:59 PM by PX-Z »
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Offline Primo1760

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Re: Is it possible for Ethereum to reach $27k?
« Reply #5 on: February 18, 2024, 10:53:04 PM »
Thank you for your valuable feedback. I also do not believe in the predictions of such influencers. But since I am holding an Ethereum I will exit my investment if my target goes between $5k and $7k. I invested my Ethereum at $2300. From where I have invested, I am very profitable till now. However, I will hold my investment until I reach my goal. I once again thank everyone for spending their precious time with me.

Offline Captain Corporate

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Re: Is it possible for Ethereum to reach $27k?
« Reply #6 on: February 19, 2024, 10:42:26 PM »
I don't like to give timing, that is the bad part about this. If you ask me only the question at the topic name, then I would say yes. Because it asks "will bitcoin be 27k one day?" and my answer to that is %100 guaranteed yes, I believe that it will. Of course this is just my opinion and I can be wrong so please do not invest because some stranger like me said so online. But when you say "will it be 27k at X time", then it becomes harder to answer because maybe it won't, and that's a problem. I think we should consider that as the main problem and we should probably be something that could get a lot better if we just took out the time.

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Re: Is it possible for Ethereum to reach $27k?
« Reply #6 on: February 19, 2024, 10:42:26 PM »


Offline Crwth

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Re: Is it possible for Ethereum to reach $27k?
« Reply #7 on: February 19, 2024, 11:47:36 PM »
It is possible, but maybe in the future, just like BTC, after a few years it could but we will never know for now. For the next bull season, I don't think it will. Maybe a few more cycles.

Thinking about it, it's the best time to buy ETH if you are planning to. A lot of people have probably said "I should've bought BTC when it was $XXXX amount", well we are right here now but for another coin, so maybe you can take a chance for this.
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Online milewilda

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Re: Is it possible for Ethereum to reach $27k?
« Reply #8 on: February 20, 2024, 03:04:37 AM »
It is possible, but maybe in the future, just like BTC, after a few years it could but we will never know for now. For the next bull season, I don't think it will. Maybe a few more cycles.

Thinking about it, it's the best time to buy ETH if you are planning to. A lot of people have probably said "I should've bought BTC when it was $XXXX amount", well we are right here now but for another coin, so maybe you can take a chance for this.
If we do speak about crypto opportunities and potential then it would be sky is the limit on which we didnt even believed that Bitcoin could reached up 69k ATH and possibly be able to hit up new ATH's on this upcoming bull run even after the halving. No one really knows on what would be the future looks like. As for ETH then we do know on how revolutionary smart contracts is,
and with some possible updates and changes on this project then we might be seeing those surge of prices. All time high? This isnt really just that limited on Bitcoin alone
but also with those top altcoins in the project as well. No one really knows on what it would be.

Offline philipma1957

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Re: Is it possible for Ethereum to reach $27k?
« Reply #9 on: February 20, 2024, 04:52:50 AM »
I saw a news release today discussing the price of Ethereum. There are forecasts for Ethereum price to reach $27k during the bull market after the Ethereum halving. Although I'm not much of a believer in such predictions as I bought and invested 1 Ethereum, this kind of news excites me a lot. Do you believe such news? Do you think it is possible for Ethereum to reach $27k in the next bull season? I would like to see your response to the discussion here. I am giving the link of the published news here, if you wish you can access it here.

Link: https://crypto.news/pushd-presale-soars-as-ethereum-eyes-27k-and-chainlink-faces-trap/

Anything is possible. But is it likely? Not in the next year or two.  Maybe in 2029.  For 2024-2025 I guess over 5k and under 10k.

I would be stunned to see 27k in 2024-2025.
« Last Edit: February 20, 2024, 04:54:59 AM by philipma1957 »
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Offline Crwth

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Re: Is it possible for Ethereum to reach $27k?
« Reply #10 on: February 20, 2024, 06:37:28 AM »
It is possible, but maybe in the future, just like BTC, after a few years it could but we will never know for now. For the next bull season, I don't think it will. Maybe a few more cycles.

Thinking about it, it's the best time to buy ETH if you are planning to. A lot of people have probably said "I should've bought BTC when it was $XXXX amount", well we are right here now but for another coin, so maybe you can take a chance for this.
If we do speak about crypto opportunities and potential then it would be sky is the limit on which we didnt even believed that Bitcoin could reached up 69k ATH and possibly be able to hit up new ATH's on this upcoming bull run even after the halving. No one really knows on what would be the future looks like. As for ETH then we do know on how revolutionary smart contracts is,
and with some possible updates and changes on this project then we might be seeing those surge of prices. All time high? This isnt really just that limited on Bitcoin alone
but also with those top altcoins in the project as well. No one really knows on what it would be.
I agree with this, that's why I'm saving a portion of my portfolio to ETH so that I can take advantage of the increase in price of ETH and I do continue to invest in it. I would really like to see more of it in my portfolio before it fully launches off. Imagine missing another one of the opportunities that you could've bought, which is ETH.

I'm thinking how it would be possible for another one to take over or something. Isn't it somewhat SOL to rival ETH or something? Would that have an opportunity as well? Again, we will never know.
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Offline hugeblack

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Re: Is it possible for Ethereum to reach $27k?
« Reply #11 on: February 20, 2024, 09:27:33 AM »
If Bitcoin, at its best, rose from $3,000 to $20,000 and this continued for a few seconds before the price collapsed, then it is difficult or almost impossible for this to happen to Ethereum according to the current circumstances, and the best price you can get is $10,000.
Ethereum reaching a price of $27,000 within two years requires an exceptional and unique event, and it is better not to bet as the probability of this event occurring is very small.
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Re: Is it possible for Ethereum to reach $27k?
« Reply #12 on: February 20, 2024, 10:28:41 PM »
I saw a news release today discussing the price of Ethereum. There are forecasts for Ethereum price to reach $27k during the bull market after the Ethereum halving. Although I'm not much of a believer in such predictions as I bought and invested 1 Ethereum, this kind of news excites me a lot. Do you believe such news? Do you think it is possible for Ethereum to reach $27k in the next bull season?
The current price of Ethereum is $2,900. How can it be $27,000? I think it is impossible to increase to $27,000. I agree that it is not impossible to reach $27k someday but it is impossible to be reached in the current bullish season. Although there are many positive news about Ethereum, it won't be instantly achieving $27k just in few months. To reach that high price, Ethereum needs some process and it must take a long time.

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Re: Is it possible for Ethereum to reach $27k?
« Reply #13 on: February 29, 2024, 07:31:37 PM »
If Bitcoin, at its best, rose from $3,000 to $20,000 and this continued for a few seconds before the price collapsed, then it is difficult or almost impossible for this to happen to Ethereum according to the current circumstances, and the best price you can get is $10,000.
Ethereum reaching a price of $27,000 within two years requires an exceptional and unique event, and it is better not to bet as the probability of this event occurring is very small.
For predictions of Ethereum price movements in the future, the price will increase, and I heard that ETFs will accept Ethereum trading, so there is a possibility that the price of Ethereum will become much more expensive than you mentioned.

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Re: Is it possible for Ethereum to reach $27k?
« Reply #14 on: February 29, 2024, 09:42:18 PM »
Well, there is nothing that is not very possible with how volatile the crypto market can be at times. Few months ago, I was having doubt about the prediction of some people who said that Bitcoin will reach a new all time high before the halving will take place but it seems that speculation is about to happen because Bitcoin price have already hit $64k which is just a few thousand dollars away from the previous ATH. It could also be possible that Ethereum can reach $27k but what  am speculating is $8k - $10k.

 

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