Parabolic rally ‘a real possibility’ after Ethereum price surges to $547

[newshunter]

Parabolic rally ‘a real possibility’ after Ethereum price surges to $547

Traders expect Ethereum price to move higher after the altcoin secured a new 2020 high at $547 today.

Source: Parabolic rally ‘a real possibility’ after Ethereum price surges to $547

Would appreciate your opinion about this

[nego]

i think ETH have place to go up,because  BTC is too high to buy now on this price.  Eth has nice future too with staking and people se this and buy it more now.   because that eth going up more maybe 750 $ till  1 december.

[bigcash2011]

Do remember that a large number of eth is already and more continuously getting locked in defis and now with official staking launching a large circulating supply is going to get locked there as well. So expect scarcity and price to surge beyond expectations. Im expecting huge moves and im super bullish.

[KryptoBull]

Personally, I think that if ETH2.0 is launched smoothly, ETH price has enough incentive to reach 700 USD by 2020.
The current problem is just adding ETH to pool so that ETH2.0 is launched normally. The community's expectation for this update of Ethereum is huge. Users of the DeFi community will do everything to have a stronger and more efficient platform for themselves in the future.