Ethereum prices may never again reach 1000$, says analyst

[S.coastapps]

The crypto market has been down to more than two years now with a huge decrease in prices of altcoins like Ethereum whose costs once soar back at the apex of the crypto bull run when Bitcoin’s price was nearly $20,000 combined with the expanding fame of altcoins in the midst of traders.

Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400 with lots of purchasing pressure from a retail crowd pushing the cryptocurrency high as can be. This was supported in those days in light of the fact that blockchain was being utilized for Initial Coin Offerings (ICOs) which implied that investors who needed to get new altcoins would put resources into Ethereum.

Source: TheCoinrepublic

[Cryptowebindo.com]

How about POS?
if ethereum adopts POS it will become a new hype. with POS there will be other reasons to hold ETH. this will increase demand, so the possibility for eth to return to 1K is not over yet.

[alltalk]

Since Ethereum price is hard to grow, I can agree to analyst a bit. However, it is not impossible, there is always a chance to reach a certain number of prices. But of course, it may take many times. In the near future, I can say yes, it is unlikely to reach 1000$.

[naitik01]

The price of ethereum touched the $1400 level in 2017, so the belief that ethereum will not reach $1000 again is beyond comprehension. Ethereum will surely surpass its 2017 magic figure in the coming times.

[Malam90]

In the December 2017, Ethereum price was $1400 and then ETH was huge demanded coins after BTC and still now but the price of ETH started gradually downtrend and staying at only below $150 that is  huge huge low comparing to the 2017. We have another recovery to $350 in the last few months ago. Some analysts say that ETH will not touch $1000 again. I am not agree with their analysis. My analysis is that if ETH will bring some hard fork, do necessary steps or developments, implement PoS system, then hold pressure of ETH will raise and the demand will increase but supply remain same. According to this economical theory of demand, price will increase. Another reason, if crypto market becomes stable, ETH will surely pump.

[shadowdio]

I don't believe the analyst., how can analyst so sure that ethereum price will never reach again $1000 in the future. If he pointed this year or maybe in the next year then there is possibility that ethereum can not reach yet, but I still believe that we can see again reaching ethereum at $1000 in the future and will surpass that price.

[Confero]

Hello friend, who first thought Ethereum prices would rise to $ 1,400 in 2017, no one knows right.  And because the price of cryptocurrency is very volatile, we cannot say with certainty what Ethereum prices will be.  And I still believe Ethereum will grow again to $ 1,000, even though I don't know when it will happen.

[bitgood]

I agree with this, the possibility of ethereum returning to 1K is very low. the only hope is the launch of ethereum 2.0. if this update is unsuccessful, there is no hope for ethereum.

[crypto4ell]

The price may be $ 1000, but for this it is necessary that there is an extraordinary demand for this coin. Will the ethereum team get it to do this or not time will tell.

[Altcoin1998$]

Yes brother you just say very important and effective information because with compered bitcoin, Ethereum price is more decrease than bitcoin,. Ethereum price never overcome 1000 of course.

[vegasus]

Ethereum price should reach $500 first before dreaming to see it around $1000. Since Bitcoin also is in bearish, it will be difficult to see it increasing significantly. Maybe more than 10 years to see the price of Ethereum above $500. It means still far away and needs much time.

[Papitto]

thanks

[frankperkinsw]

Definitely Ethereum price will go again $1000+.Let's wait and hope for the best.

[pelana vreo]

-snip-

In 2017 the price of ethereum rises because the ICO trend is popular and many new projects require ethereum to raise funds from every ICO they run, in 2018 the prices of all altcoins and Bitcoin are on a downward trend due to the many prohibitions and ICO scams of new projects.
I don't think the price of ethereum can reach $1k after POS actually runs, because when the #DevelopmentTeam  informs ethereum that it's going to do hardfork, the price goes down and doesn't go up the way I want

[Noverteno]

I do not believe these analysts. A thousand dollars for the ethereum coin is achievable at any time, especially if the planned improvements are successfully implemented in it. This bitcoin may most likely not reach the high price values that are being talked about, and ethereum may again reach the price of a thousand dollars.