Will Ethereum hit $5000 this year?

[armanda90]

At the point of fees, many ignore the use of the network. In some altcoins, more than half of their blocks are mined empty, and since more than one block can be generated every few seconds or minutes, the fees will inevitably remain low and much lower than any Bitcoin or Ethereum but in terms of security, one certainty is still very safe. In Bitcoin, 3 confirmations are sufficient for Ethereum, while most altcoins need at least 10 confirmations.

And using the network, as transactions on altcoin networks increase, fees will inevitably increase. the greater the demand for a project, the higher the fees, no matter how low they are.

Indeed many use ignore using bitcoin due highest fees transaction its not problem for ETH raising to the higher price, I think not difficult with ETH will hit $5k in short time exactly closer with bitcoin halving have good impact for making ethereum raise higher price. Current now between Ethreum and bitcoin have the same highest fees transaction but can't stop to raise most higher price in the future.
Bitcoin fees not stable yet some time on higher and some time lower, the same with ETH and all trader have been usual face not significant with fees transaction from Ethereum.

[yohananaomi]

Today the price of Ethereum is $2,554. We all know. The price has been low in the last year. But this year has started well. So it seems. Maybe this year it will cross 5000$

Continues to move better from what you said last time, now it has reached $3K, certainly something very good. This is 2x the increase from the price and the same month last year, around $1.6K. Let's see, before the halving period, there will be a correction from Bitcoin which will affect ethereum. If it continues to move, it is not impossible that $5K will be achieved this year and the most important thing is that a renewable ATH can be formed again.

[debra]

Continues to move better from what you said last time, now it has reached $3K, certainly something very good. This is 2x the increase from the price and the same month last year, around $1.6K. Let's see, before the halving period, there will be a correction from Bitcoin which will affect ethereum.

Yes, Ethereum price has crossed $3,000. It increased quite fast, it may be affected by the altcoins prices are getting faster in raising. Some people guessed that we may have altcoins season after the Bitcoin halving in this season. If it really happens, it is not difficult to achieve $5,000 in this year. When there is an altcoins season, Ethereum price must skyrocket. I predicted it should be above $5k.

[JoyMarsha]

Yes you must predict if the price of ethereum is possible to touch $5000 dollars this year?

Prediction about an altcoin is not by must that one should do to test the efficacy of their analysis about a coin price. None of us is good at predicting the correct price of an altcoin and getting it correct. However, whatever price we predict is out of speculation, not that it comes as predicted.

All said and done, before the end of this year, the crypto market must have experienced the halving season, and months after that, the price of bitcoin and other altcoins must have soared in price, pushing them to higher prices than it is now.

As of today's price of Ethereum, it touches $3k, which it hasn't touched for so long after its ATH in 2021. However, I am anticipating it to reach $5k before the end of this year.

[Power420]

Yes you must predict if the price of ethereum is possible to touch $5000 dollars this year?

We have seen the price of ETH very much dumped from 2022 to 2023. The value of Ethereum has been very low in these two years while all other coins have increased in value, but the value of Ethereum has not increased in comparison. However, starting in late 2023 and into 2024, the price of Ethereum has been growing sufficiently and looks to be much more bullish. We saw yesterday that the price of Ethereum touched $2640, and this is the highest it has been in two years. So I guess since Bitcoin ETFs have been approved, the value of altcoins has started to change as well. I expect the price of ethereum to exceed $5000 this year, since the price of ethereum is still low in comparison.

Ethereum coin price currently touched $3000, Bitcoin price correlates with all Altcoin prices. When the price of Bitcoin rises, the prices of other successful coins rise. Because Bitcoin halving starts every four years, these halving investors wait for their peak price. So in this ratio, there is a Bitcoin halving in 2024, if the price of this halving Bitcoin touches 100,000 dollars, it is certain that the price of Ethereum Coin will touch 10,000 dollars.

[Sim_card]

Yes you must predict if the price of ethereum is possible to touch $5000 dollars this year?

We have seen the price of ETH very much dumped from 2022 to 2023. The value of Ethereum has been very low in these two years while all other coins have increased in value, but the value of Ethereum has not increased in comparison. However, starting in late 2023 and into 2024, the price of Ethereum has been growing sufficiently and looks to be much more bullish. We saw yesterday that the price of Ethereum touched $2640, and this is the highest it has been in two years. So I guess since Bitcoin ETFs have been approved, the value of altcoins has started to change as well. I expect the price of ethereum to exceed $5000 this year, since the price of ethereum is still low in comparison.

Ethereum coin price currently touched $3000, Bitcoin price correlates with all Altcoin prices. When the price of Bitcoin rises, the prices of other successful coins rise. Because Bitcoin halving starts every four years, these halving investors wait for their peak price. So in this ratio, there is a Bitcoin halving in 2024, if the price of this halving Bitcoin touches 100,000 dollars, it is certain that the price of Ethereum Coin will touch 10,000 dollars.

I don't think that bitcoin price will reach a new ATH this year 2024, which from speculations, we are looking at 100k as the new ATH. It is from the first quarter of next year that we might see such price of 100k, of course nobody knows the exact time next year. For Etherum price to reach $5000 this year, then it means that bitcoin price will have gone above the previous ATH of bitcoin for that to be achieved. The reason is that bitcoin price movement is what controls ether and other cryptocurrency price. However, if SEC will approve Etherum ETF, it is possible for that to happen.

[kulkhan]

Yes you must predict if the price of ethereum is possible to touch $5000 dollars this year?

We have seen the price of ETH very much dumped from 2022 to 2023. The value of Ethereum has been very low in these two years while all other coins have increased in value, but the value of Ethereum has not increased in comparison. However, starting in late 2023 and into 2024, the price of Ethereum has been growing sufficiently and looks to be much more bullish. We saw yesterday that the price of Ethereum touched $2640, and this is the highest it has been in two years. So I guess since Bitcoin ETFs have been approved, the value of altcoins has started to change as well. I expect the price of ethereum to exceed $5000 this year, since the price of ethereum is still low in comparison.

Yes i strongly believe Ethereum exceed $5000. After 2022-2023 Ethereum price touch $3000 again. And now it’s price increasing gradually. We know after Bitcoin sport ETF approval cryptocurrency market is very positive now. All cryptocurrency price increasing.
Ethereum is best coin after Bitcoin. It's position 2nd on cryptocurrency market. And also It's usability increasing day by day. Huge people involving and investing on Ethereum. I saw a Statistics long time holder is huge in Ethereum. So it’s price will increase more and more. So Ethereum price will go more up. I think within this year (2024) Ethereum price will hit $5000 there has no doubt.

[LogitechMouse]

Re: Will Ethereum hit $5000 this year?

It will depend on how the Dencun upgrade will affect Ethereum in terms of scalability, and its transaction fees.
TBH, I would love to see Ethereum reach $5,000 this year, but... but... but I can't find any reason it will not so I predict that it will reach that price this year.

6 months after the Bitcoin halving, we will see prices of cryptocurrencies going up significantly. It's like what happened in 2021 where the price of cryptos at that time was just going up, and up, and up to the point that analyzing the market became useless already. If Ethereum does not reach $5,000 this year then the safest price would be $4,000, and it will reach that price early next year.

My initial prediction for the price of Ethereum for this upcoming bull run is that, it will peak at the $10,000.

[SamReomo]

I think within this year (2024) Ethereum price will hit $5000 there has no doubt.

I highly agree with you, I even believe that Ethereum price will cross $5000 value when we reach the peak of this bull run. I'm expecting $6k to $8k value of Ethereum at the peak of the bull run. I'm quite sure that we will miss the current price of Ethereum when it's price reaches those values.

[bitterguy28]

Maybe yes or no? but lets savor the moment for a while now.

[Primo1760]

Yes you must predict if the price of ethereum is possible to touch $5000 dollars this year?

We have seen the price of ETH very much dumped from 2022 to 2023. The value of Ethereum has been very low in these two years while all other coins have increased in value, but the value of Ethereum has not increased in comparison. However, starting in late 2023 and into 2024, the price of Ethereum has been growing sufficiently and looks to be much more bullish. We saw yesterday that the price of Ethereum touched $2640, and this is the highest it has been in two years. So I guess since Bitcoin ETFs have been approved, the value of altcoins has started to change as well. I expect the price of ethereum to exceed $5000 this year, since the price of ethereum is still low in comparison.

Currently, the price of Ethereum is above $3000. If the price of ethereum can exceed $3000 at this time, then I think that the price of ethereum can definitely exceed $5000 to $10000 in the next bull season. If the price of Bitcoin continues to rise from here then I think the price of Ethereum will be 5000 dollars very soon and if the price of Bitcoin stays in the range of 100k dollars by 2024 then the price of Ethereum will be in the range of 10000 dollars in 2024. I bought and invested in an Ethereum but my investment has a lot of profit now I don't want to sell my investment right now I will sell my investment when the price of Ethereum stays between 10000 dollars.

[jeraldskie11]

In my opinion, Ethereum will reach $5000 this year because it is only the first quarter of the year, but look at the price of Ethereum, which is currently $3100. Given that halving is approaching and we are currently in a bullish market. Others make unreasonable predictions, such as predicting that the price will reach $20,000 this year without taking into account the chart or the market capitalization. However, we have no control over their prediction. Most importantly, they indicate a positive outcome.

[yohananaomi]

Continues to move better from what you said last time, now it has reached $3K, certainly something very good. This is 2x the increase from the price and the same month last year, around $1.6K. Let's see, before the halving period, there will be a correction from Bitcoin which will affect ethereum.

Yes, Ethereum price has crossed $3,000. It increased quite fast, it may be affected by the altcoins prices are getting faster in raising. Some people guessed that we may have altcoins season after the Bitcoin halving in this season. If it really happens, it is not difficult to achieve $5,000 in this year. When there is an altcoins season, Ethereum price must skyrocket. I predicted it should be above $5k.

The biggest influence is clearly from the extraordinary movement of bitcoin, and it has an impact on all altcoins including, of course, ethereum, with it currently being in the range of $3,175. Of course, to be able to approach the last ATH that was made, it will soon be possible, and it is not impossible that with the continued movement of bitcoin before the halving, there might be a surprise.
I think you are right that it will not be difficult for Ethereum to reach $5K and keep in mind that a new ATH will occur in 2025 and there will likely be a surprise return.

[debra]

-snip-

True. The price increase of Bitcoin triggers the increase of altcoins prices, including Ethereum. I agree that Bitcoin price has a big role to boost the quick increase of altcoins prices. Altcoins are following Bitcoin, when it increases, the prices of altcoins will increase as well.

Actually, there is no exact time for the Ethereum to reach $5000. If the altcoins season will be in this year, $5000 will be achieved this year. But if there is no altcoins season in this year, $5000 probably will be achieved in 2025.

[Fivestar4everMVP]

Ethereum is currently trading at around, or a little above $3200 at the time of writing this comment, this is very positive and a possible confirmation to the possibility of eth reaching the speculated price of $5000 before this year runs out.

Actually, I feel that if the market will continue in it's current bullish state, the price of eth might possibly be above $5000 before we enter the third quarter of this year.
So yeah, things are looking very good for eth, and also another thing we may want to consider is the possibiltiy of eth spot ETF approval, which may also happen this year, if this happens, I guess it's safe to say that we may see eth price skyrocketing and touching $10,000 before the year end, though this still depend largely on the overall performance of bitcoin, since bitcoin still somehow, have a big influence on the entire crypto currency market.