Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on October 14, 2020, 07:00:48 PM

Title: Ethereum price back on track to $500 once bulls flip $400 to support
Post by: newshunter on October 14, 2020, 07:00:48 PM
Ethereum price back on track to $500 once bulls flip $400 to support

After rallying 8.15% to $387, Ethereum price is fast approaching a key resistance at $400.


Source: Ethereum price back on track to $500 once bulls flip $400 to support (https://cointelegraph.com/news/ethereum-price-back-on-track-to-500-once-bulls-flip-400-to-support)

Would appreciate your opinion about this
Title: Re: Ethereum price back on track to $500 once bulls flip $400 to support
Post by: tonymillions84 on October 15, 2020, 07:29:56 PM
With the high rate at which other blockchain platforms are developing, i doubt if ethereum price will ever hit 500usd. bitcoin remains the target Now for public companies and it is obvious with the way money is been poured into bitcoin, it might move pass 20,000 usd by December. Ethereum faces lots of competition from other smart contract platforms including the Binance smart chain riding on top of ethereum.
Title: Re: Ethereum price back on track to $500 once bulls flip $400 to support
Post by: Lorix on October 15, 2020, 07:47:33 PM
Most blockchain platforms are currently being developed. I think Ethereum will evolve. Ethereum 2.0 will definitely increase the price after launch. Ethereum coins can be up to $500. It has wide potential and ETH 2.0 is a valuable currency in the market. Prices are likely to rise after the launch of ETH 2.0. May increase the price. I believe it can be a medium for perfect transactions. It will be possible and express this optimism. So everyone supports eth and is interested in investing.
Title: Re: Ethereum price back on track to $500 once bulls flip $400 to support
Post by: bigcash2011 on October 16, 2020, 08:01:47 PM
I think with rising eth 2.0 anticipation if market builds good hype around it in november when eth 2.0 phase 0 is launching i think eth price can pump to 700 to 800 and that can initiate a good longterm bull trend as will so eth 2.0 is very important for eth.